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Introduction
Introduction
Closing an actively trading company in Meydan Freezone requires a more layered approach than standard early-stage exits, as financial closure...
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Liquidation Process Flow
Required Documents Checklist
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Ensures liabilities, accounts, and financial records are properly settled before exit.
Includes immigration clearance and a mandatory notice period before license cancellation.
Handles visa, immigration, license, and tax deregistration requirements.
Ensures smooth interaction with Meydan Freezone and regulatory bodies.
Prevents compliance gaps through the correct sequencing of steps.
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Close all corporate bank accounts and obtain confirmation before initiating liquidation.
Cancel all active visas, including employees and dependents linked to the company.
Apply for cancellation of immigration card and E-channel registration with the authorities.
Meydan Freezone issues a notice period (typically 15 days) after immigration cancellation.
Submit a request for license cancellation post visa and immigration clearances.
Complete VAT filing and initiate deregistration with the FTA.
Complete corporate tax filing and deregistration to conclude the process.
Yes, but all financial obligations, audits, and compliance requirements must be completed.
Yes, Meydan Freezone requires a notice period after immigration clearance.
Yes, if the company is VAT registered, deregistration is mandatory.
The Meydan Freezone liquidation process typically takes a few weeks, depending on approvals and notice timelines.
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Pricing Details
Meydan Freezone License Liquidation (Revenue Generating Operating Entity)
Normal service
AED 14,250
Total
AED 14,250
Arnifi Price
AED 14,250
Note: The payment is prepaid.
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Pricing Details
AED 14,250
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