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Introduction
Ceasing operations in the Sharjah Media City (SHAMS) Freezone requires entities to execute a formal license liquidation to terminate ongoing statutory...
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The regulatory framework integrates the preparation of the mandatory liquidator's report and the drafting and legalization of the company board resolution
The process requires all active visas (including dependants) to be cancelled, followed immediately by the formal closure of the establishment card and E-Channel registrations (this package includes one visa cancellation; additional visas incur separate fees)
Compliance teams handle all end-to-end coordination and administrative workflows directly with SHAMS-Zone authorities to execute the final business license cancellation
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
The liquidation roadmap executes across clearly defined stages measured in business days, transitioning systematically from initial bank closure to final FTA deregistration
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Before we at Arnifi initiate the formal liquidation process, you must independently close your corporate bank accounts. This foundational step takes approximately 10 to 12 business days
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. This report is included in the service scope.
Yes. The service package explicitly covers the mandatory government and professional fees for the cancellation of one active visa linked to the company; additional visas incur separate fees.
The cancellation of active visas takes approximately 4 to 5 business days.
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Pricing Details
SHAMS License Liquidation (Legacy Structure)
Normal service
AED 10,550
Total
AED 10,550
Arnifi Price
AED 10,550
Note: The payment is prepaid.
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Pricing Details
AED 10,550
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