Overview

Two Situations,
One Point of Coordination

Not every business stays in the shape it started in. Ownership changes, priorities shift, group structures need tidying up, or a company has simply run its course and needs to be closed properly. Whatever the reason, getting it right matters.

A restructuring done without proper planning creates tax and compliance exposure. A liquidation done without the correct filings can leave shareholders and directors with open obligations years later.

We support both situations: reorganising a business that is continuing, and closing one that has reached its end, with the corporate, regulatory and tax steps handled correctly from the outset.

This Page Covers

Restructuring & Liquidation

  • Reorganising an existing business or group structure
  • Formal liquidation and deregistration of a UAE company
  • Coordination of licensing, banking, immigration and tax closure
  • Mainland and free zone entities

Common Triggers

When Restructuring Makes Sense

  • A partner is exiting or a new investor is joining
  • You are consolidating multiple entities into one group structure
  • Your current mainland or free zone setup no longer fits your operations
  • You are preparing the business for sale or investment
  • Your group structure needs tax or compliance alignment ahead of a filing

Corporate Restructuring

Reorganising a Business
That Is Continuing

Restructuring is not a one-size answer. It might mean bringing new investors into an existing structure, separating a business into two entities before an exit, converting a mainland company into a free zone holding structure, or simplifying a group that has grown ownership complexity.

We start by reviewing your existing structure, activities, ownership and obligations, then map out the most efficient way to get you where you need to be. Restructuring may include:

  • Reorganisation of existing entities
  • Changes in ownership or shareholding
  • Consolidation or separation of business activities
  • Transfer or reorganisation of assets
  • Establishment of new entities or SPVs
  • Review of tax and regulatory implications

Company Liquidation

Understanding the Liquidation Process

Closing a UAE company correctly involves more than deregistering the trade licence. Every stage below needs to be completed in the correct order, and missing one can leave the licence closed on paper while obligations remain open against the shareholders.

Typical Duration
45 to 90 days from shareholder resolution to cancellation certificate, depending on the free zone, outstanding liabilities and bank closure timelines.
01

Resolution & Liquidator Appointment

The company passes a resolution to liquidate and appoints a licensed liquidator, responsible for the formal closure report.

02

Liquidator's Report

The liquidator reviews the company's financial position and confirms there are no outstanding liabilities to third parties.

03

Newspaper Notice Period

Closure is published in local Arabic and English newspapers, giving creditors a statutory window to raise any claim before deregistration proceeds.

04

Visa Cancellation

All residency visas issued under the company, including the owner's and any dependants, are cancelled before the licence can be closed.

05

Bank Account Closure

The corporate bank account is closed and confirmation obtained, typically required as part of final deregistration.

06

VAT & Corporate Tax Closure

Final returns are filed and the company deregistered from VAT and Corporate Tax through the FTA portal.

07

Cancellation Certificate

Once all of the above is confirmed, the registered authority issues the cancellation certificate, formally closing the entity.

Why Aurum

Why Clients Choose Aurum
for Liquidation & Restructuring

01

One Point of Coordination

Liquidation and restructuring touch licensing, banking, immigration, tax and accounting simultaneously. We coordinate all of it through a single point of contact, rather than leaving you to manage several providers.

02

No Open Obligations Left Behind

A closure is only complete when every filing is confirmed, not just the licence. We track VAT, Corporate Tax and visa cancellation through to final confirmation, so nothing is left exposed against you or your shareholders.

03

Structured for What Comes Next

Where restructuring is the goal, we plan the new structure with your future tax position, ownership plans and operational needs in mind, not just the immediate change.

Common Questions

Frequently Asked Questions

Most liquidations take approximately 45 to 90 days from the shareholder resolution to the final cancellation certificate, depending on the free zone or mainland authority, outstanding liabilities and bank closure timelines. This is a directional estimate and can vary by jurisdiction and liquidator.

Outstanding liabilities generally need to be settled or formally addressed before the liquidator can confirm the company has no claims against it. We can advise on the sequencing if this applies to your situation.

All residency visas issued under the company, including the owner's and any sponsored dependants, must be cancelled as part of the liquidation process before the trade licence can be closed.

No. Restructuring reorganises an existing, continuing business, for example a change in ownership or group structure. Liquidation formally closes a company that is no longer required. Some situations involve both, such as closing one entity while restructuring the group around another.

A licensed liquidator's report is a required part of the formal liquidation process across mainland and most free zone jurisdictions in the UAE. Requirements can vary by authority, and we confirm the exact route for your entity type before starting.

Considering a Restructure
or Company Closure?

Every situation is different, and the right approach depends on your structure, obligations and objectives. Tell us where things stand and we will advise on the most appropriate path forward, whether that means reorganising, closing, or both.