In case, any company is not doing operation / function in market for it’s clients due to any reason. Then it needs to be liquidate / De-registration in the emirate of UAE from where license issued. Some companies not liquidate their companies and they make their credibility bankrupt/down in the business market of UAE.

There are different types of business in UAE and each category of Business/Company needs very care and accurate legal documentation for its  complete de-registration in the emirate of UAE. Due to many reasons that mostly happened in the life of Business Finance, operations & lake of sales/profit, many business owners take decision to close / shut-down their businesses to avoid more expenses. The process of company liquidation in UAE is not very easy task for everyone and un-experienced or freelancer can make the reason of penalties or extra expenses for the owners. As the present time in UAE, many freelancers and new service providers do this job without complete information and owner bears all loses. To avoid such kind of loses and penalties, you need to consult with a professional team as ”Emaraat Business Consultant”.

 Business Insolvency /or/ Common Reason of Company De-registration / Company Liquation are as follow;

• Lack of expertise in commercial business  operations – Lack of knowledge of business practices 
• Inadequate resources to cover the costs of making the business viable
• Excessive expenditure, usually while trying to build new business without solid experience
• Impractical business ventures – Failure in Financial Management 
• Any legal notice by court due to any strong complaint / case