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Company Liquidation

A formal insolvency procedure often termed as ‘winding up’ or ‘closing’ a company. The two reasons are the entity is no longer required or company is considered to be insolvent. it is based on three criteria - Type of ownership -Type of liquidation - The jurisdiction of registration, whether Mainland UAE or Free Zone A UAE Registered Firm assigned to act on behalf of the company to sell its assets or discharge its outstanding liabilities.