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Jul
Liquidation of a company in the UAE Liquidation is a formal insolvency proceeding whereby a company is dissolved (often also referred to as "winding up" or "dissolution" of a company); all its assets are liquidated and the proceeds from the sale of assets are used to pay debts and expenses, with any balance being transferred to the company's shareholders. Once the Company Liquidation Services In Dubai, it ceases to do business and to employ people. In the case of liquidation, the company's business license is revoked, its name is deleted from the commercial register and the entity is considered to…
