UAE

RAKEZ Liquidation Proposal (Revenue Generating Operating Entity)

Introduction

RAKEZ Liquidation Proposal (Revenue Generating Operating Entity) is a structured compliance process for companies actively conducting business within Ras Al...
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View Overview

Liquidation

Guides & Resources

Access Liquidation Process Flow

Liquidation Process Flow

Access Required Documents Checklist

Required Documents Checklist

Documents required

1 .

Trade license copy (for RAKEZ liquidation process)

2 .

Shareholders’ passport copies

3 .

Emirates ID copies (if applicable)

4 .

Board resolution for liquidation under RAKEZ liquidation process

5 .

No Objection Certificate (NOC)

6 .

Audited financial statements

7 .

Liquidation report

8 .

Visa cancellation documents (if applicable)

9 .

Establishment card copy

10 .

Bank account closure letter

Highlights & Benefits

End-to-End RAKEZ Liquidation Process

Complete handling of the liquidation lifecycle from initiation to closure.

Dedicated Liquidation Specialists

Experienced professionals managing revenue-generating company closures.

Strong Authority & Auditor Network

Established coordination with RAKEZ authorities and approved auditors.

Transparent Process & Timelines

Clear visibility into stages, timelines, and cost structure.

Efficient Documentation & Coordination

All paperwork and submissions managed with minimal client involvement.

Process Flow

Initiation of Liquidation Request

Submission of board resolution and application to RAKEZ authority to initiate the RAKEZ liquidation process.

Appointment of Auditor & Financial Review

An approved auditor is appointed to review financial records as part of the RAKEZ liquidation process.

Liquidation Report Preparation

Preparation and submission of the liquidation report based on audited financials.

Settlement of Liabilities

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

Corporate Tax Filing & Deregistration

Completion of final tax filings and deregistration under the RAKEZ liquidation process.

Visa Cancellation (If Applicable)

Cancellation of all employee, investor, and dependent visas.

Establishment Card Cancellation

Closure of establishment card with immigration authorities.

Bank Account Closure

Closure of company bank account after financial settlement.

Authority Clearances

Obtaining approvals from RAKEZ and relevant entities.

Final License Cancellation

RAKEZ authority issues final approval completing the RAKEZ liquidation process.

FAQs

What is the RAKEZ liquidation process for revenue-generating companies?

The RAKEZ liquidation process is the procedure to close an active company after completing audits, settling liabilities, and obtaining approvals.

Is an auditor mandatory for liquidation?

Yes, revenue-generating entities require audited financial statements and a liquidation report.

How long does the RAKEZ liquidation process take?

Typically takes 4–8 weeks depending on financial complexity and approvals.

Is bank account closure required?

Yes, the company bank account must be closed before final license cancellation.

Terms & Conditions

Total price exclude 5% VAT
Government fees are subject to change in accordance with updates issued by RAKEZ-Zone authorities.
The proposal includes end-to-end support, including coordination with relevant authorities

Pricing Details

RAKEZ Liquidation Proposal (Revenue Generating Operating Entity)

Normal service

AED 14,885

Total

AED 14,885

Arnifi Price

AED 14,885

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 14,885

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UAE

RAKEZ Liquidation Proposal (Revenue Generating Operating Entity)

Introduction

RAKEZ Liquidation Proposal (Revenue Generating Operating Entity) is a structured compliance process for companies actively conducting business within Ras Al...
Read more

View Overview

Liquidation