SHAMS License Liquidation (Early Stage Operational Entity)

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

Depending on activity level, an auditor may be required under the SHAMS liquidation process.

Completion of final tax filing and deregistration.

Cancellation of all employee and dependent visas.

Closure of establishment card with relevant authorities.

Closure of company bank account by shareholders.

Obtaining approvals from SHAMS and associated entities.