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Introduction
Introduction
RAKEZ Liquidation Proposal (Early-Stage Operational Entity) outlines the structured procedure for closing companies operating within Ras Al Khaimah...
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Liquidation Process Flow
Required Documents Checklist
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Reduced complexity due to minimal operations and liabilities
Complete management from initiation to final closure.
Experienced professionals ensuring compliance and accuracy.
Efficient handling of approvals with RAKEZ authorities.
Clear visibility on stages, timelines, and cost structure.
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Submission of board resolution and application to RAKEZ authority confirming intent to liquidate.
Depending on company activity, an auditor may be appointed to prepare a basic report.
Completion of final corporate tax filing and deregistration.
Cancellation of all employee and dependent visas linked to the company.
Closure of establishment card with immigration authorities.
Closure of company bank account by shareholders.
Obtain approvals from RAKEZ and relevant service providers.
RAKEZ authority issues final approval confirming company closure.
It is the procedure to close a RAKEZ free zone company by completing compliance steps and cancelling the license.
Typically takes 2–5 weeks depending on approvals and documentation.
It may not always be mandatory, depending on the level of business activity.
Yes, all active visas must be cancelled before final license cancellation.
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Pricing Details
RAKEZ Liquidation Proposal (Early-Stage Operational Entity)
Normal service
AED 12,100
Total
AED 12,100
Arnifi Price
AED 12,100
Note: The payment is prepaid.
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Pricing Details
AED 12,100
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