UAE

RAKEZ Liquidation Proposal (Early-Stage Operational Entity)

Introduction

Ceasing operations in the Ras Al Khaimah Economic Zone (RAKEZ) requires businesses to execute a formal license liquidation to terminate ongoing statutory...
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View Overview

Liquidation

Highlights & Benefits

Liquidation Documentation

The regulatory framework integrates the preparation of the mandatory liquidator's report and the drafting and legalization of the company board resolution

Complete Immigration Clearance

The process systematically executes the cancellation of one visa (additional visas available at extra cost), followed by the formal closure of the immigration file, Mazeed charges, and E-Channel registrations

Integrated RAKEZ Authority Representation

Compliance teams handle all end-to-end coordination and administrative workflows directly with RAKEZ-Zone authorities to execute the business license cancellation

Sequential Tax Deregistration

The final closure phase natively includes sequenced filings with the Federal Tax Authority, initiating VAT deregistration (if applicable) before finalizing Corporate Tax (CT) returns and deregistration

Structured Operational Milestones

The liquidation roadmap executes across clearly defined stages measured in business days, transitioning systematically from initial visa cancellations to final FTA deregistration

Process Flow

Initiation of Liquidation Request

Submission of board resolution and application to RAKEZ authority confirming intent to liquidate.

Appointment of Auditor (If Required)

Depending on company activity, an auditor may be appointed to prepare a basic report.

Corporate Tax Filing & Deregistration

Completion of final corporate tax filing and deregistration.

Visa Cancellation (If Applicable)

Cancellation of all employee and dependent visas linked to the company.

Establishment Card Cancellation

Closure of establishment card with immigration authorities.

Bank Account Closure

Closure of company bank account by shareholders.

Clearance from Authorities

Obtain approvals from RAKEZ and relevant service providers.

Final License Cancellation

RAKEZ authority issues final approval confirming company closure.

FAQs

What is the required first step before initiating RAKEZ liquidation?

Before Arnifi initiates the formal liquidation process, you must independently close your corporate bank accounts.

Is a liquidator's report mandatory for RAKEZ license cancellation?

Yes. The formal liquidation process requires a liquidator's report to confirm the financial standing of the company before the license can be legally canceled.

What happens to active employee and dependent visas?

All active visas must be canceled during the initial stages. Arnifi's package includes one visa cancellation; additional visas incur separate government fees.

How long does the visa cancellation stage take?

The cancellation of all active visas typically takes 4 to 5 business days.

Terms & Conditions

Arnifi does not guarantee approval of any license, visa, or registration; decisions rest solely with the relevant Authority.
Professional fees are non-refundable once services commence; government and third‑party fees are non‑refundable once paid.
The Client is solely responsible for the accuracy, genuineness, and legality of all documents and information provided.

Pricing Details

RAKEZ Liquidation Proposal (Early-Stage Operational Entity)

Normal service

AED 12,085

Total

AED 12,085

Arnifi Price

AED 12,085

Note: The payment is prepaid.

100% Money Back Guarantee

Full refund guarantee and no questions asked

Real Time Dashboard
Never miss a deadline

Compliance calendar integrated in your dashboard

24×7 Operational Support

Round-the-clock support for all clients available every day, any time

Pricing Details

AED 12,085

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4th Floor, Vaswani Presidio, Panathur Main Rd, Kadubeesanahalli, Bengaluru, Karnataka-560103

+91 70229 66202

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API Trio Tower - Office 1105 - Sheikh Zayed Rd - Al Barsha First - Dubai - United Arab Emirates

+971-58-5054423

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UAE

RAKEZ Liquidation Proposal (Early-Stage Operational Entity)

Introduction

Ceasing operations in the Ras Al Khaimah Economic Zone (RAKEZ) requires businesses to execute a formal license liquidation to terminate ongoing statutory...
Read more

View Overview

Liquidation