Free zone company closure
How is closing a free zone company different from mainland?
The situation
Free zones run their own deregistration process. Many need a liquidator and a newspaper notice for FZ-LLCs, but timelines are often shorter.
The law
- Free zone company regulations: Zone-specific liquidation process
What it means for you
Market guides show zone closure packages from about AED 1,500 to 8,000 depending on the zone. Example: a JAFZA FZ-LLC needs a liquidator. Tax deregistration with the FTA is the same as on the mainland.
What to do
- Read the zone deregistration checklist.
- Appoint a liquidator if required.
- Deregister VAT and Corporate Tax.
- Submit to the zone.
We can do this for youCompany liquidation and deregistration: VAT and Corporate Tax deregistration, visa cancellation and licence cancellation: AED 4,000