Liquidation & Insolvency

Supporting businesses through an efficient and compliant liquidation process

When a business reaches the end of its operations, a structured liquidation process is essential to ensure that its affairs are properly concluded and regulatory requirements are met. Companies operating in the UAE mainland and free zones require practical guidance to navigate the financial, accounting, tax and regulatory aspects of liquidation.

Baker Tilly UAE provides voluntary liquidation assistance to companies across the UAE, including mainland entities and free zone companies such as those registered in the Dubai International Financial Centre (DIFC). Our multidisciplinary approach brings together accounting, tax, financial and regulatory expertise to support clients throughout the liquidation process.

We assist with the financial and accounting aspects of liquidation, including assessment of the company's financial position, preparation and review of relevant financial information, support with regulatory requirements and coordination of the necessary steps towards closure.

Our team works closely with shareholders, directors, management and other appointed professionals to help ensure that the liquidation process is managed efficiently, transparently and in accordance with applicable UAE requirements.

With local market understanding and access to Baker Tilly International's global network, we provide practical and commercially focused liquidation assistance tailored to the requirements of businesses operating across different UAE jurisdictions.

FAQs

What does liquidation assistance cover?

Liquidation assistance can cover financial and accounting assessments, preparation of relevant financial information, regulatory requirements, closure procedures and other activities required to support the liquidation process.

Does Baker Tilly UAE assist with mainland company liquidation?

Yes. We assist companies registered in the UAE mainland with the financial, accounting and other requirements associated with the liquidation and closure process.

Does Baker Tilly UAE assist with free zone company liquidation?

Yes. We support companies operating across UAE free zones, including entities registered in the DIFC, with their liquidation requirements.

Who can benefit from liquidation assistance?

Shareholders, directors and businesses seeking to formally close their UAE mainland or free zone entities can benefit from professional liquidation assistance. 

How can Baker Tilly UAE support the liquidation process?

We provide practical assistance across the financial and accounting aspects of liquidation, helping businesses address relevant requirements and progress towards an orderly and compliant closure.