Liquidation is the process of selling off all the assets of an entity, settling its liabilities, distributing any remaining funds to shareholders, and closing it down as a legal entity. The liquidation process is a possible outcome , which a company enters when it does not have sufficient funds to pay its creditors.
Company liquidation in Ras al-Khaimah is a very lengthy process. Closing a company in UAE can be a time consuming and a complicated procedure but our experienced and influential liquidators in UAE can simplify all the legal procedures and assist you in company liquidation process.
Company liquidation in Ras al-Khaimah occurs when the company does not have enough funds to sustain the daily tasks and operations, or do not have enough profit to touch the break even and the company is under a debt. Company liquidation is certain when a company commits a crime or a serious offense such as fraud and violation of rules and regulations. AGX Auditors have a team of qualified and experienced professionals that will cater to your administrative and legal requirements which will cause minimal disruption in your routine work. All you have to do is to appoint us as the official liquidator of your company and our experts will walk you through the procedure and will help you obtain the license cancellation certificate.