IFZA Company Liquidation in Dubai
Close Your Business With IFZA the Right Way; Fast, Legal, and Stress-Free
IFZA (International Free Zone Authority) is one of Dubai’s most flexible and entrepreneur-friendly Free Zones, but even there, proper liquidation is legally required. CapitalClosure manages your IFZA company closure end-to-end, ensuring full compliance with authority, VAT, and immigration regulations, even if your company was inactive.
Why Liquidation Is Mandatory, Even at IFZA
- Stopped business activity
- Let your license expire
- Never used the company
- Are relocating or switching jurisdictions
- VAT fines from FTA
- Visa issues with immigration
- Blacklisting in UAE Free Zone records
- Bank account complications and renewal blocks
IFZA companies that are not properly liquidated continue to accumulate penalties even if they’re inactive.
IFZA Liquidation Process, Handled by CapitalClosure
Step 1: Review & Closure Intent
- Confirm business status (active/inactive)
- Draft Board Resolution to close the company
- Prepare closure application for IFZA
Step 2: Initiate Cancellation With IFZA
- Submit cancellation request via IFZA’s official platform
- Upload resolution, ID copies, license, and tenancy NOC (if applicable)
- Pay license cancellation fee
Step 3: Clearance & Deregistration Steps
- MOHRE & GDRFA: Cancel visas for owners/staff
- FTA: File final VAT return and apply for VAT deregistration
- Business Center: Confirm office lease clearance
- Telecom (if used): Return any devices and cancel contract
Step 4: Liquidation Audit or Closure Letter
- If applicable, a simple closure report or liquidator’s letter is prepared
- We manage submission to IFZA for final review
Step 5: Final Deregistration
- IFZA reviews and issues the License Cancellation Certificate
- Company file is deactivated
- Bank account can now be closed officially
Required Documents
Documents | Purpose |
Trade License & Shareholder Passport | Identify and authorize cancellation |
Board Resolution to Liquidate | Approves company shutdown |
MOHRE/GDRFA Clearance | If visas were issued |
VAT Deregistration | Mandatory if registered with FTA |
Lease Agreement / NOC | For office or flexi-desk confirmation |
Bank Clearance Letter | Confirms account is closed or inactive |
Who Needs This Service?
- Freelancers or consultants no longer using the IFZA company
- Small businesses shifting to another Free Zone or country
- Dormant companies with no activity for 6–12 months
- Digital entrepreneurs, Amazon sellers, or e-com brands winding down
- Company owners with expired licenses and open liabilities
Penalties to Avoid
Mistake | Fine / Risk |
Not deregistering VAT | AED 10,000 FTA penalty |
Leaving staff visas active | Immigration blacklisting |
Expired license without cancellation | IFZA late renewal fines |
Open lease not cleared | Business center legal notices |
Unclosed bank account | Blocked personal accounts or company misuse |
Google Reviews from Dubai Clients
Why CapitalClosure for IFZA Liquidation?
Liquidation experts familiar with IFZA’s flexible but structured rules
Zero hassle: we handle everything from start to finish
Support for inactive or zero-revenue companies
Remote handling via Power of Attorney available
Transparent pricing and fast documentation
Close Your IFZA Company With No Surprises
Whether you had no activity or are shutting down a running company, our team will ensure your IFZA business is closed 100% legally and efficiently, no hidden delays, no missed steps.
Frequently Asked Questions?
Can I close my IFZA company without visiting Dubai?
Yes — via Power of Attorney, we can liquidate your company remotely.
Do I need a full audit report for liquidation?
Usually not for IFZA. A simplified closure report or NOC is accepted depending on activity level.
What if I never did business or registered VAT?
Then the process is even faster. We’ll confirm that you’re exempt from FTA deregistration.
Can I reuse the trade name later?
No — once deregistered, the license and name cannot be reactivated. A new registration is required.
100+ Companies Cleared
Secure Your Final Municipality & Chamber NOCs.Fast & Hassle-Free
Missing clearances can stall your liquidation. Let our expert team coordinate with Dubai Municipality, DED, and the Chamber of Commerce to get your NOCs issued quickly, correctly, and on time.
