UAE

Meydan Freezone License Liquidation (Revenue Generating Operating Entity)

Introduction

Introduction
Closing an actively trading company in Meydan Freezone requires a more layered approach than standard early-stage exits, as financial closure...
Read more

View Overview

Liquidation

Guides & Resources

Access Liquidation Process Flow

Liquidation Process Flow

Access Required Documents Checklist

Required Documents Checklist

Documents required

1 .

Board Resolution for Liquidation

2 .

Trade License Copy

3 .

MOA / AOA Copies

4 .

Shareholder and Director Passport Copies

5 .

Emirates ID Copies (if applicable)

6 .

Bank Account Closure Letter

7 .

Audited Financial Statements / Liquidation Report

8 .

Visa Cancellation Proof

9 .

Immigration Card & E-Channel Cancellation Proof

10 .

VAT Deregistration Certificate (if applicable)

11 .

Corporate Tax Deregistration Proof (if applicable)

Highlights & Benefits

Financially aligned closure process

Ensures liabilities, accounts, and financial records are properly settled before exit.

Meydan-specific structured workflow

Includes immigration clearance and a mandatory notice period before license cancellation.

End-to-end compliance coverage

Handles visa, immigration, license, and tax deregistration requirements.

Authority-coordinated execution

Ensures smooth interaction with Meydan Freezone and regulatory bodies.

Reduced risk of delays or penalties

Prevents compliance gaps through the correct sequencing of steps.

Process Flow

Bank Account Closure (To be handled by the client)

Close all corporate bank accounts and obtain confirmation before initiating liquidation.

Visa Cancellation

Cancel all active visas, including employees and dependents linked to the company.

Immigration Card & E-Channel Cancellation

Apply for cancellation of immigration card and E-channel registration with the authorities.

Notice Issuance

Meydan Freezone issues a notice period (typically 15 days) after immigration cancellation.

License Cancellation

Submit a request for license cancellation post visa and immigration clearances.

VAT Filing & Deregistration (If Applicable)

Complete VAT filing and initiate deregistration with the FTA.

Corporate Tax Deregistration

Complete corporate tax filing and deregistration to conclude the process.

FAQs

Can I liquidate a revenue-generating company in Meydan Freezone?

Yes, but all financial obligations, audits, and compliance requirements must be completed.

Is the notice period mandatory?

Yes, Meydan Freezone requires a notice period after immigration clearance.

Do I need to complete VAT deregistration?

Yes, if the company is VAT registered, deregistration is mandatory.

How long does the process take?

The Meydan Freezone liquidation process typically takes a few weeks, depending on approvals and notice timelines.

Terms & Conditions

In case of additional licenses or additional fees due to a change in rules, etc. Arnifi would inform the client and raise an invoice towards the excess amount.
The total time taken and the project plan share are indicative and would depend on the readiness of documents, resolutions, POAʼs and shareholder availability for review and travel to the UAE for signing, medicals and other formalities.
The payment terms is 100% advance towards the government and Freezone fee.

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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Full refund guarantee and no questions asked.

Pricing Details

AED 14,250

UAE

Meydan Freezone License Liquidation (Revenue Generating Operating Entity)

Introduction

Introduction
Closing an actively trading company in Meydan Freezone requires a more layered approach than standard early-stage exits, as financial closure...
Read more

View Overview

Liquidation