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UAE company liquidation step-by-step process – Aabi Chartered Accountants
DMCC Company Liquidation
UAE company liquidation step-by-step process – Aabi Chartered Accountants

Liquidation › DMCC

DMCC Company Liquidation by DMCC Approved Liquidators

Expert DMCC company closure by DMCC-approved liquidators. End-to-end process including mandatory liquidation audit report, FTA clearance, visa cancellations, and DMCC Member Portal submissions.

Closing a company also closes its tax accounts: we handle VAT deregistration, the final corporate tax return and any backlog accounting needed to produce the final accounts.

✓ DMCC-Approved Liquidators✓ 15+ Years Experience✓ 1,500+ Clients Served✓ Remote Process
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DMCC Company Liquidation — Key Facts

DMCC (Dubai Multi Commodities Centre) is one of Dubai's largest and most active free zones. DMCC company liquidation requires a DMCC-approved auditor/liquidator, mandatory submission of a liquidation audit report, and specific board resolution formatting. DMCC submissions are made via the DMCC Member Portal (dmcc.ae), and the process includes multiple sequential approvals. A DMCC liquidation typically takes 6–8 weeks; it can run longer where employee visas, FTA deregistration or outstanding obligations have to be cleared first. Aabi is a DMCC-approved liquidator and auditor.

DMCC Company Liquidation Process — Step by Step

  1. DMCC-Formatted Board Resolution
    A board resolution in DMCC's required format is passed and signed by all shareholders/directors, resolving to wind up the company and appointing Aabi as DMCC-approved liquidator.
  2. Liquidation Request via DMCC Member Portal
    The liquidation application is submitted through the DMCC Member Portal. DMCC reviews and acknowledges, after which the company directors' duties are formally suspended.
  3. Clearance of All Outstanding DMCC Obligations
    All DMCC licence fees, facility charges, and penalties must be fully settled. DMCC Finance Department confirmation is required before closure can proceed.
  4. Visa Cancellations
    All DMCC-sponsored employment, investor, and dependent visas are cancelled. Aabi's PRO team coordinates through DMCC's visa systems.
  5. FTA Deregistration
    FTA VAT and Corporate Tax deregistration processed concurrently by Aabi's tax team.
  6. DMCC Liquidation Audit Report
    Aabi's DMCC-approved auditors prepare the mandatory liquidation audit report — a formal audit confirming all assets and liabilities are settled. This is a non-negotiable DMCC requirement.
  7. Final DMCC Portal Submission
    The completed audit report and all clearance letters are submitted to DMCC via the Member Portal.
  8. DMCC Termination Letter / Deregistration Certificate
    DMCC issues the final termination letters and deregistration confirmation, legally closing the company.
Typical Timeline: 6–8 weeks for most DMCC companies. Allow longer where employee visas, FTA deregistration or outstanding obligations have to be cleared first. DMCC has stricter compliance checks than most free zones. Actual timing depends on several factors: whether the liquidation is voluntary or insolvency-led, how quickly records and documents are available, resolution of outstanding matters, shareholder availability for signatures, any undisclosed issues that come to light, customs clearances, and FTA and bank deregistration.

Documents Required for DMCC Company Liquidation

  • DMCC-formatted board resolution (signed by all shareholders)
  • Aabi's liquidator appointment acceptance letter
  • Original DMCC licence and all renewal copies
  • Original Memorandum and Articles of Association
  • DMCC Finance clearance confirmation
  • Visa cancellation confirmations for all sponsored individuals
  • Bank account closure letters
  • FTA VAT deregistration approval (if applicable)
  • FTA Corporate Tax deregistration confirmation (if applicable)
  • Liquidation audit report (prepared and signed by Aabi as DMCC-approved auditor)
  • Copies of all shareholders' and directors' passports

DMCC Company Liquidation Cost — Government Fees & Our Fixed Fee

ComponentIndicative Cost (AED)
Aabi professional fees (DMCC liquidation + audit report)Fixed fee — quoted after a short review of your company
DMCC government feesAED 2,000 – 7,000
Visa cancellation (per person)AED 200 – 500
Outstanding DMCC fees (if any arrears)Variable

Our professional fee is a fixed fee, quoted after a short review. Send us your trade licence and a few company details and we'll come back with a fixed-fee estimate within 24 hours — ask about our current special discounts. Request your estimate →

Frequently Asked Questions — DMCC Company Liquidation

Why does DMCC liquidation require an approved liquidator?

DMCC mandates that only auditing and accounting firms formally approved by DMCC can act as liquidators for DMCC company closures. The approved liquidator is responsible for preparing the mandatory liquidation audit report. Without an approved liquidator, DMCC will not process the closure. Aabi is a DMCC-approved liquidator.

What is the DMCC liquidation audit report?

The liquidation audit report is a formal audited statement of the company's financial affairs at the date of dissolution, confirming all assets have been identified and distributed and all creditor claims addressed. DMCC requires this from a DMCC-approved auditor. Aabi prepares this as part of the full liquidation service.

Can I close my DMCC company without visiting Dubai?

Yes. Aabi handles all DMCC portal submissions, in-person clearance visits, and physical document submissions on your behalf. Shareholders typically only need to sign and courier the board resolution and original documents.

How long does DMCC company liquidation take?

A DMCC company liquidation typically takes 6–8 weeks. It can take longer where employee visas, FTA registrations or outstanding obligations have to be cleared first.

Ready to Close Your DMCC Company?

Our DMCC-approved liquidators will review your situation and provide a clear timeline and fixed-fee proposal — free of charge.

Call: +971 56 633 0093

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