Closing a business chapter is a major step for any entrepreneur. In a dynamic hub like Dubai, winding down a company demands strict adherence to local laws — whether you operate in a Free Zone (DMCC, DAFZ, IFZA) or hold a mainland DET licence.
Why the final financial report is non-negotiable
Among the legal and bureaucratic requirements of closing a company, one document is the foundation of a smooth closure: the final financial report.
It confirms the company’s assets and liabilities, supports creditor settlement, and is required by licensing authorities before a trade licence can be cancelled.
Free Zone vs mainland liquidation
Whether your company sits in a Free Zone or holds a mainland DET licence, the process requires meticulous attention to detail and documentation.
- Appoint a liquidator and pass a resolution to dissolve
- Settle liabilities and close bank accounts
- Obtain clearances and cancel the trade licence
How Capella ensures a seamless closure
Capella prepares the liquidator’s report and final accounts, manages clearances, and keeps your closure compliant from start to finish.
- Accurate final financial statements
- Liquidator’s report preparation
- End-to-end coordination with authorities
