DWTC Freezone Liquidation (Revenue-Generating Operating Entity)

Submission of board resolution and formal application to DWTC Free Zone authority.

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

Preparation and submission of the liquidation report as per authority requirements.

Clearing all outstanding dues, including employee salaries, supplier payments, and penalties.

Completion of final tax filings and deregistration under UAE corporate tax regulations.

Cancellation of all employee, investor, and dependent visas.

Closure of the establishment card with immigration authorities.

Closure of the company bank account by shareholders after financial settlement.

Obtaining necessary approvals from DWTC and associated entities.

DWTC authority issues final approval confirming company closure.