DED (Dubai Mainland) Liquidation Audit Report  

DED (Dubai Mainland) - Approved Auditor for Company License Cancellation & Deregistration – From AED 1,499

WHY CHOOSE FASTLANE FOR LIQUIDATION AUDIT REPORT?

  • DED (Dubai Mainland)-Accepted Liquidation Audit Report
  • Liquidation Reports for License Cancellation
  • VAT & Corporate Tax deregistration support

Why DED (Dubai Mainland) Liquidation Audit Reports Are Mandatory

The Dubai Department of Economy and Tourism (DED) requires an approved liquidation audit report before processing company cancellation.

Licence cancellation is completed only after the liquidation audit report is accepted by the authority.

The report ensures:

  • All liabilities are settled.
  • Financial records are complete.
  • Shareholder positions are finalized.
  • Regulatory compliance is fulfilled.
  • No outstanding financial disputes exist
.

Without this report, your license cancellation request will be rejected.

Regulatory Compliance During Liquidation

Your liquidation audit must align with:

The audit report supports:

DED (Dubai Mainland) Liquidation Audit Report – AED 1,499 (All Inclusive)

Preparation of liquidation financial statements

Auditor’s official liquidation report

Compliance with IFRS / UAE accounting standards

DED (Dubai Mainland) submission-ready format

Review of accounting records

VAT & Corporate Tax compliance check

Step-by-Step DED (Dubai Mainland) Company Liquidation Process

We manage the complete liquidation workflow for mainland companies.
1. Board Resolution and Shareholder Approval
For LLCs and other corporate structures, the liquidation process begins with a shareholder resolution formally approving the company’s closure. This resolution must be notarized or attested depending on the jurisdiction.

2. Appointing a Licensed Liquidator
A registered auditor or accounting firm must be appointed as the official liquidator. A liquidator’s appointment letter must be submitted to the relevant authority.

3. Issuing the Notice of Liquidation
Most authorities require a notice of liquidation to be published in at least two local newspapers (in Arabic and English). This notice typically runs for 45 days, allowing creditors to submit any claims.

4. Settling Debts and Liabilities
All outstanding debts, salaries, and statutory obligations (such as VAT or corporate tax dues) must be cleared before final deregistration.

5. Obtaining Clearance Certificates
The company must obtain NOC (No Objection Certificates) from:
Utility providers (e.g., DEWA, Etisalat, DU)
Leasing or office space authorities
Banks (confirmation of account closure)
Immigration and labor departments (visa cancellations)
Customs or other regulatory bodies (if applicable)

6. Final Audit and Liquidation Report
The liquidator will prepare a liquidation report or final accounts, which must be submitted to the licensing authority along with a deregistration request.

7. Cancellation of Trade License
Once all documents and NOCs are submitted, the relevant authority will cancel the trade license and issue an official deregistration certificate, confirming the company's closure.

Documents Required for DED (Dubai Mainland) Liquidation Audit

To prepare your DED (Dubai Mainland) liquidation audit report, the following documents are typically required:
  Trade License copy
  Memorandum of Association (MOA)
  Shareholder passport copies / Emirates ID copies
  Board resolution approving liquidation
  Bank statements
  VAT registration certificate (if applicable)
  Clearance certificates (if available)

Frequently asked questions

What Is a DED (Dubai Mainland) Liquidation Audit Report?

A DED (Dubai Mainland) liquidation audit report is a final financial verification report issued at the time of company closure. It confirms the company’s financial position up to the liquidation date, including assets, liabilities, shareholder balances, and outstanding obligations.

It is not a routine annual audit. It is a mandatory closure-specific report required for mainland company deregistration under DED (Dubai Mainland) authority.

Who Requires a DED (Dubai Mainland) Liquidation Audit Report?

A liquidation audit is typically mandatory for:
  • Mainland LLC companies
  • Civil companies
  • Branches of foreign companies
  • Companies with multiple shareholders
  • Companies registered for VAT
  • Corporate Tax registered entities

Is a liquidation audit report mandatory for DED (Dubai Mainland) company closure?

Yes. DED (Dubai Mainland) requires submission of an approved liquidation audit report before processing license cancellation. The report confirms financial closure, settlement of liabilities, and completion of regulatory obligations prior to company deregistration.

Who is authorized to prepare a DED (Dubai Mainland) liquidation audit report?

The report must be prepared by a UAE-licensed auditor accepted by DED (Dubai Mainland) authorities. It should comply with IFRS / UAE accounting standards and be issued in the format required for liquidation submission.

How long does the DED (Dubai Mainland) liquidation process take?

On average, DED (Dubai Mainland) company liquidation takes 30–45 working days, depending on completion of visa cancellations, bank account closure, regulatory clearances, and submission of the liquidation audit report.

Is VAT deregistration required before DED (Dubai Mainland) liquidation?

Yes. Companies registered for VAT must complete VAT deregistration with the Federal Tax Authority (FTA) before final license cancellation. The liquidation audit report supports this process by confirming financial closure.

Do I need to file Corporate Tax before company liquidation?

If the company is registered for UAE Corporate Tax, final tax filings and deregistration may be required before or during liquidation. Our team reviews the status and handles Corporate Tax compliance alongside the audit process.

Can Fastlane handle the complete DED (Dubai Mainland) liquidation process?

Yes — we provide end-to-end support including liquidation audit reports, VAT deregistration, Corporate Tax compliance, accounting finalization, and coordination with liquidators and DED (Dubai Mainland) authorities.

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