Offshore Company Liquidation in Dubai
Close Your Offshore Firm with Confidence
Whether you’re restructuring, relocating, or winding down, Capital Closure ensures your offshore company is closed legally, securely, and without international compliance risks.
Quick Highlights:
- Registered Liquidators & Offshore Specialists
- Coordination with Offshore Registrars & Agents
- Fast Turnaround: 2 to 4 Weeks
- Support for Non-UAE Residents via POA
What is Offshore Company Liquidation?
Offshore company liquidation is the legal process of closing a UAE-registered offshore entity — such as those incorporated in RAK ICC, JAFZA Offshore, or Ajman Offshore — in compliance with registrar and international business regulations.
Key Differences from Mainland or Free Zone Liquidation
- Offshore companies are non-operational within the UAE — no office space, local employees, or VAT registration.
- Liquidation is filed directly with the offshore registrar, not through DED or Free Zone authorities.
- Most offshore entities are used for holding assets, IP, or international trade, making compliance and banking closure more sensitive.
Offshore Jurisdictions We Cover
At Capital Closure, we specialize in liquidating all major UAE offshore jurisdictions. Each registrar has specific filing requirements, and we ensure full compliance across all entities.
RAK ICC (Ras Al Khaimah International Corporate Centre)
- Most common offshore jurisdiction for global holding companies
- Registrar requires audited financials in some cases
- Certificate of deregistration issued upon successful closure.
JAFZA Offshore (Jebel Ali Free Zone Authority)
- Used frequently for real estate ownership and cross-border structures . Requires coordination with JAFZA-approved registered agent
- Public notice and clearance certificates may apply.
Ajman Offshore
- Known for simplified setup and closure processes
- Requires coordination with registered agent and Ajman Free Zone
- Registrar approval typically within 15–25 working days.
Optional (by request or special license types):
- Known for simplified setup and closure processes
- Registrar approval typically within 15–25 working days.
Ready to Close Your Offshore Company the Right Way?
Thousands of businesses form offshore companies — but only a few close them correctly. Don’t leave your name, finances, or legal status exposed.
At Capital Closure, we:
- Work directly with RAK ICC, JAFZA, and Ajman Offshore
- Coordinate with registered agents and UAE banks
- Provide remote closure support for international clients
- Issue your official certificate of deregistration, fast
How Capital Closure Handles Offshore Company Liquidation
Liquidating an offshore company requires precision, registrar coordination, and often, working with agents you may no longer be in touch with. At Capital Closure, we act on your behalf to manage the entire process—quickly, legally, and with zero disruption.
Liaison With Registered Agents
- Communicate with your existing offshore agent.
- Recover company records and initiate closure on your behalf
Certificate of Deregistration
- Final confirmation from registrar that the entity has been struck off
- Shared with shareholders and legal advisors for recordkeeping
Board Resolution & Closure Filing
- Draft and notarize shareholder resolutions to dissolve the company
- File closure applications with the offshore registrar.
Bank Account Closure Support
- Assist in obtaining bank closure letters and confirm final balances
- Ensure all linked accounts are cleared to avoid international compliance flag
Financial & Legal Clearance
- Prepare and submit final financials (where required by RAK ICC or JAFZA)
- Coordinate with auditors and agents for final report
Required Documents for Offshore Liquidation
Offshore liquidation involves both registrar filings and coordination with your registered agent and bank. Here’s what you’ll typically need to complete the process:
Corporate Documents
- Trade License or Incorporation Certificate
- Memorandum & Articles of Association (MOA / AOA)
- Share Certificates
- Company Stamp (if applicable)
- Shareholder Resolution approving liquidation (we’ll draft it)
Personal Identification
- Passport copies of all shareholders and directors
- Emirates ID (if UAE resident)
- Power of Attorney (if you're abroad and want us to act on your behalf)
Financial & Regulatory Documents
- Final Bank Account Closure Letter
- Latest financial statement (RAK ICC & JAFZA may require auditor-issued)
- NOC from your registered agent (if applicable)
- Proof of settled agent and registrar fees
Lost documents or inactive agent?
- Don’t worry — we’ll recover them or coordinate alternate filings with the registrar.
Step by Step Guide to Liquidate your Company in Dubai
Liquidating a company in Dubai requires a clear, structured approach to ensure that all legal, financial, and regulatory requirements are met. Here’s a simple step-by-step guide to help you navigate the liquidation process smoothly:
01
Initial Consultation & Registrar Check
- Review your offshore company’s jurisdiction and status
- Confirm registered agent and assess any renewal or penalty history
- Advise on required documents, costs, and legal steps.
02
Board Resolution Drafting & Signing
- Prepare and notarize a resolution from shareholders approving liquidation
- Assist with POA setup for international clients if needed.
03
Registrar Application & Agent Coordination
- File closure request with offshore registrar (RAK ICC, JAFZA, or Ajman)
- Liaise with the registered agent to submit all documentation
- Publish notices if registrar mandates public declaration.
04
Financial Statement & Clearance (If Required)
- Prepare final financials or auditor statement (RAK ICC or JAFZA)
- Secure bank account closure letter and ensure all dues are cleared.
05
Certificate of Deregistration
- Final review and confirmation by the registrar
- Official certificate issued — your company is now legally struck off
Google Reviews from Dubai Clients
Why Choose CapitalClosure?
Specialists in UAE offshore regulations
Experience across RAK ICC, JAFZA, and Ajman
Fluent in registrar protocols and agent coordination
Power of Attorney–based execution available for non-residents
We manage board resolutions, registrar filings, and legal clearances across RAK ICC, JAFZA Offshore, and international jurisdictions — ensuring a discreet and compliant business exit.
Frequently Asked Questions (FAQs)
Do I need to visit the UAE to liquidate an offshore company?
No. With a notarized Power of Attorney, we can complete the entire process on your behalf.
Can I liquidate if my offshore license has already expired?
Yes. Even expired companies can be struck off — but outstanding penalties must be cleared first.
What if I’ve lost contact with my registered agent?
We can work with the registrar to appoint a new agent or bypass the original one if permitted.
What if I miss the 20-day deregistration window?
FTA will impose an AED 10,000 penalty, which must be cleared before deregistration is approved.
100+ Offshore Companies Closed
Looking to Close Your Offshore Company the Right Way?
Thank you for considering Capital Closure. Whether your company is registered under RAK ICC, JAFZA Offshore, or another jurisdiction, our experienced team handles board resolutions, registrar coordination, and final filings discreetly, efficiently, and in full legal compliance.
