UAE

Shams Liquidation

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Introduction

Shams business setup marks the beginning of establishing a company in Sharjah Media City Free Zone (SHAMS) UAE. When it’s time to close, the SHAMS Liquidation... Read more

View Overview

Accounting & Bookkeeping

Documents required

1 .

Trade License copy (SHAMS issued)

2 .

MOA / AOA (Memorandum & Articles of Association)

3 .

Passport & Emirates ID copies of all shareholders

4 .

Board Resolution approving liquidation

5 .

Power of Attorney (if applicable)

6 .

Bank Account Closure Letter

7 .

VAT De-registration Acknowledgement (if applicable)

8 .

Final Trial Balance & General Ledger

9 .

All invoices for the last operating period (sales & purchases)

10 .

List of assets & liabilities

11 .

Statement of Account from SHAMS

12 .

Lease/Facility cancellation confirmation from SHAMS

13 .

Clearance letters from utility providers (if applicable)

14 .

Previous financial statements / audit reports

15 .

Liquidator appointment letter issued by a SHAMS-approved auditor

Highlights & Benefits

Regulatory Compliance

Meets SHAMS and UAE legal requirements for business closure and avoids penalties

Clear Financial Closure

Confirms settlement of debts, closure of accounts, and disposal of company assets

Legal Protection

Releases shareholders and directors from future claims or disputes post-liquidation

Streamlined SHAMS Process

SHAMS offers a clear liquidation process for faster approval once documents are complete

Supports VAT & Corporate Tax Deregistration

Provides final audited records required for deregistration with the Federal Tax Authority

All outstanding SHAMS fees, penalties, and third-party dues must be cleared before initiating liquidation
Employee visas must be canceled, and end-of-service benefits must be settled before submission
SHAMS reserves the right to delay or reject liquidation if documents are incomplete or inaccurate

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View Overview

Accounting & Bookkeeping

Pricing Details

Shams Liquidation

Normal service

AED 15,100

Total

AED 15,100

Arnifi Price

AED 15,100

Note: The payment is prepaid.

Pricing Details

AED 15,100

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UAE

Shams Liquidation

Scroll to Documents Required

Introduction

Shams business setup marks the beginning of establishing a company in Sharjah Media City Free Zone (SHAMS) UAE. When it’s time to close, the SHAMS Liquidation... Read more

View Overview

Accounting & Bookkeeping