IFZA Liquidation Audit Report for License Cancellation

Approved Auditor for IFZA Liquidation & Company Deregistration – AED 1499

WHY CHOOSE FASTLANE FOR LIQUIDATION AUDIT REPORT?

  • IFZA-accepted liquidation audit report
  • Liquidation Reports for License Cancellation
  • VAT & Corporate Tax deregistration support

Why IFZA Liquidation Audit Reports Are Mandatory

IFZA requires submission of an approved liquidation audit report before processing company license cancellation. The report validates financial closure and ensures all regulatory obligations are completed.

FEDERAL TAX AUTHORITY (FTA)

A liquidation audit report helps confirm that the company’s accounting records are complete and accurate up to the liquidation date. It supports Corporate Tax deregistration, VAT deregistration, and ensures there are no pending tax liabilities before IFZA license cancellation.

MINISTRY OF ECONOMY 
(MoE)

Liquidation audit reports must be prepared in accordance with UAE-approved accounting standards (IFRS / UAE FRS). The report validates the company’s financial position, including assets, liabilities, and shareholder balances, prior to submission to IFZA for company closure.

IFZA Authority Requirement

IFZA requires submission of an approved liquidation audit report issued by a licensed UAE auditor before processing company deregistration. The report ensures all financial and compliance obligations are completed prior to license cancellation approval.
  • Companies registered under the International Free Zone Authority (IFZA) must obtain a liquidation audit report when undergoing company closure or license cancellation.

  • The report confirms the company’s financial position up to the liquidation date and is a mandatory requirement for deregistration approval from IFZA authorities.

Why Choose Fastlane for IFZA Liquidation Audit Report?

AFFORDABLE & TRANSPARENT PRICING

Clear, upfront pricing starting at  AED 1499 — with no hidden fees or surprise costs.

MOE-REGISTERED AUDITORS

Trusted by 1000+ UAE businesses, we deliver fully compliant audit reports for Mainland and Freezone license cancellation, FTA,& MoE requirements.

IFZA Approved Audit Format

Reports prepared exactly as per IFZA authority submission standards.

IFZA Liquidation Audit & Compliance Checklist

Here’s what every IFZA company must comply with during liquidation:

Liquidation Audit Requirement

  • A liquidation audit report is mandatory for IFZA companies undergoing license cancellation or company closure.
  • The report must confirm the company’s financial position up to the date of closure, including assets, liabilities, and final balances.
  • The audit must be issued by a UAE-licensed and IFZA approved auditor.
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Liquidation Audit Submission Timeline

  • The liquidation audit report must be submitted to IFZA as part of the company deregistration process.
  • License cancellation is approved only after the audit report is reviewed and accepted by the IFZA authority.

What Our IFZA Liquidation Audit Package Includes

IFZA LIQUIDATION AUDIT REPORT – 
AED 1499

Prepared as per IFZA license cancellation submission standards.

FULL LIQUIDATION AUDIT & AUDITOR’S REPORT

Preparation of a complete liquidation audit report confirming the company’s financial position up to the closure date, including assets, liabilities, and final balances, Accepted by IFZA & UAE licensing authorities.

FTA & MOE COMPLIANCE SUPPORT

We ensure your books are aligned with Federal Tax Authority (FTA) and Ministry of Economy (MoE) requirements, supporting VAT deregistration, Corporate Tax compliance, and post-closure reviews, where applicable. Supports IFZA liquidation tax clearance.

READY FOR LICENCE CANCELLATION

All reports and documents are prepared in the exact format required by IFZA licensing authorities, helping you complete the liquidation and licence cancellation process smoothly, without delays or rejections.

Documents Required for IFZA Liquidation Audit Report

To prepare your IFZA liquidation audit report , the following documents are required intially
  • Trade License copy  
  • MOA / Shareholder documents  
  • Internal Financial Statements  
  • Bank Statements  and Bank account status
  • VAT Returns (if applicable) 
  • Clearance letters

Frequently asked questions

Is a liquidation audit report mandatory for IFZA company closure?

Yes. IFZA 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 an IFZA liquidation audit report?

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

How long does the IFZA liquidation process take?

On average, IFZA 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 IFZA 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 IFZA 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 IFZA authorities.

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