UAE

Ajman New Ventures Centre Company Liquidation (Revenue-Generating Operating Entity)

Introduction

It is a structured regulatory process designed for businesses actively generating revenue within the Ajman New Ventures ecosystem. Companies operating under this...
Read more

View Overview

Liquidation

Documents required

1 .

Board Resolution for Liquidation

2 .

Trade License Copy

3 .

Memorandum of Association (MOA)

4 .

Shareholder and Director Passport Copies

5 .

Emirates ID Copies (if applicable)

6 .

Bank Account Closure Letter

7 .

Auditor Appointment Letter

8 .

Audited Financial Statements

9 .

Liquidation Report (Auditor Signed)

10 .

No Objection Certificates from Relevant Authorities (NOCs)

11 .

Visa Cancellation Proof (if applicable)

12 .

Establishment Card Cancellation Proof

13 .

Corporate Tax Filing & Deregistration Proof

Highlights & Benefits

End-to-End Liquidation Management

Complete handling of the entire liquidation lifecycle for revenue-generating entities.

Dedicated Liquidation Specialists

Expert professionals with experience in free zone and operating company closures.

Strong Authority & Auditor Network

Established coordination with Ajman NuVentures Centre, auditors, and compliance partners.

Transparent Process & Timelines

Clear visibility on process stages, timelines, and cost structure.

Efficient Documentation & Coordination

All paperwork, submissions, and follow-ups managed with minimal client involvement.

Process Flow

Bank Account Closure (Mandatory Pre-step)

The company must close its corporate bank account before initiating the liquidation process.

Initiation of Liquidation Request

Submission of board resolution and formal application to Ajman NuVentures Centre authority.

Appointment of Auditor & Financial Review

An approved auditor is appointed to review financials and prepare audited statements.

Liquidation Report Preparation

Preparation and submission of the liquidation report based on audited financials.

Corporate Tax Filing & Deregistration

Completion of final corporate tax filing and deregistration as per UAE regulations

Visa Cancellation (If Applicable)

All employee, investor, and dependent visas linked to the company are cancelled.

Establishment Card Cancellation

Cancellation of establishment card upon submission of required documentation.

Authority Clearances

Obtain necessary approvals from Ajman NuVentures Centre and related authorities.

Final License Cancellation

The authority reviews all submissions and issues final approval for company closure.

FAQs

What is Ajman NuVentures Centre Company Liquidation for revenue-generating entities?

It is the formal process of closing an active company after settling liabilities, completing audits, and obtaining regulatory approvals.

Is bank account closure mandatory before liquidation?

Yes, the bank account must be closed before initiating the liquidation process

Do revenue-generating companies require audited financials?

Yes, audited financial statements and a liquidation report are mandatory.

How long does the liquidation process take?

Typically takes 4–8 weeks depending on approvals and documentation.

Terms & Conditions

Total price excludes 5% VAT
Any fines applicable on the liquidating company will be borne by the customer
Government fees are subject to change as per Ajman NuVentures Centre authority updates

Pricing Details

Ajman New Ventures Centre Company Liquidation (Revenue-Generating Operating Entity)

Normal service

AED 14,450

Total

AED 14,450

Arnifi Price

AED 14,450

Note: The payment is prepaid.

Pricing Details

AED 14,450

UAE

Ajman New Ventures Centre Company Liquidation (Revenue-Generating Operating Entity)

Introduction

It is a structured regulatory process designed for businesses actively generating revenue within the Ajman New Ventures ecosystem. Companies operating under this...
Read more

View Overview

Liquidation