Close the accounting gaps
Review the ledger, bank reconciliations, receivables, payables, assets and shareholder balances. Identify missing records and prepare the agreed closing schedules.
DUBAI · UAE COMPANY CLOSURE
Close the company.
Resolve the accounting and tax work.
Bring the records, tax position and professional handovers together before the final closure steps. Support for mainland and free-zone businesses, with the appropriate specialist route for DIFC entities.
ACCOUNTING & TAX SUPPORT
Four workstreams. One coordinated handover.
Map the tax work
Establish the status of Corporate Tax and VAT registrations, returns, balances and correspondence. Define the preparation, review and submission responsibilities for the work required.
Prepare the handover
Organise the financial records and supporting documents requested by the appointed liquidator or other authorised professional, with a visible list of outstanding items.
Coordinate the sequence
Bring accounting, tax and licence-closure dependencies into one action list. Identify the approvals, documents and third-party actions needed at each stage.
The engagement defines the entities, periods, deliverables and responsible parties. Formal liquidation appointments, legal advice and authority decisions remain with the appropriately authorised professionals and institutions.
JURISDICTION MATTERS
Mainland, free zone or DIFC?
Mainland company closure
Identify the licensing authority, legal form and required closure process. Prepare the accounting and tax file alongside the documents and appointments required by that authority.
UAE Government: mainland closure →Free-zone company closure
Work from the requirements of the specific free zone. Map company and branch registrations, relevant clearances and the financial information needed for the closure application.
UAE Government: free-zone closure →DIFC liquidation
DIFC appointments require particular attention: its Registrar requires registration for insolvency practitioners acting in the specified roles. MP Elites can scope the accounting and tax handover; this does not replace a registered practitioner or legal counsel.
DIFC: insolvency practitioners →Where a company cannot meet its liabilities, creditors dispute the position or proceedings are involved, establish the appropriate insolvency and legal route before treating the matter as routine licence cancellation.
WHAT TO PREPARE
Start with the facts, not a generic closure package.
Company and authority
Legal name, licence, jurisdiction, ownership, branches and the intended reason for closure.
Financial position
Latest accounts, missing periods, bank statements, outstanding invoices and a summary of assets and liabilities.
Registrations and notices
Tax registrations, filing status and any relevant authority, creditor or professional correspondence.
Existing professionals
Current accountant, any appointed liquidator or legal adviser, and the documents they have requested.
COMMON QUESTIONS
Clarify the scope before the work starts.
Is cancelling a licence the same as closing every obligation?＋
Treat licence cancellation, financial records, tax registrations and other relevant permits as separate workstreams. The applicable steps depend on the entity, its authority and its actual registrations.
Can MP Elites act as the appointed liquidator?＋
This page describes accounting, tax support and coordination. Appointment as a liquidator, insolvency practitioner, statutory auditor or legal representative is a separate regulated role and is not included by implication.
Can you help when the accounts are incomplete?＋
We can start by defining the missing periods, records and reconciliations. Any reconstruction is scoped separately, using available evidence and management explanations before closing figures are prepared.
What determines the cost and timing?＋
The authority, legal form, condition of the accounts, tax status, employees, creditors and professional appointments affect the scope. The proposal separates our work from authority and third-party fees; an authority decision or completion date is not guaranteed.
COMPANY CLOSURE ENQUIRY
Know what remains to be done.
Tell us the company jurisdiction, the condition of the accounts and the closure stage. We will discuss the appropriate accounting and tax scope before a proposal is agreed.
Email your closure enquiry →