The Basics of Company Liquidation in UAE
Company liquidation is the process of closing down a company. It is an event that usually occurs when a company has no money to pay its remaining debt. When the company operation ends, usually the organizational assets are distributed to creditors and shareholders, based on their priority of claims.
In general, the person who conducts the overall liquidation process is called a liquidator. A liquidator is appointed by the court or the shareholders of the company, according to the type of liquidation.
Leeway offers highly expert company liquidation services to businesses that need assistance with closing down. Our services are based on years of experience and unmatched expertise. So if things have reached a point where liquidation in UAE is unavoidable, feel free to get in touch with us right away.
Liquidation in Dubai - Types
Role of a Liquidator
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