Company liquidation is the way toward closing an LLC, canceling the trade license, and distributing the organization's assets and properties. After liquidation, the organization will no longer exist.
The first category can be defined as the decision made by all shareholders concerning the voluntary liquidator. In order to wind up an organization, no money has to be paid to creditors as a result of the loss of business and loss of profit.
In a compulsory liquidation, assets are distributed to creditors, and the debts or contributors are paid based on the priority of claims.
Start the liquidation process by contacting our experts at AMCA. Insolvency specialists from our team have decades of experience operating confidentially. Directors will always be kept updated on the progress of the liquidation by our experts. Liquidation is the best alternative for your company, so we ensure it's handled appropriately. In addition, we aim to provide you with transitional solutions and help you focus on new opportunities
As liquidators in Dubai, we offer a variety of solutions to clients in various sectors due to our experience and expertise. When directors opt to liquidate a company, they face limited liability or negligible risk, but only if the process is conducted properly and promptly. Our insolvency practitioners can help reduce your risks and provide professional guidance,
so act now.