Dissolution, Liquidation and Bankruptcy
Business-focused legal support for dissolution, liquidation & bankruptcy in the UAE, helping companies reduce risk and move forward with
Dissolution, Liquidation & Bankruptcy
We guide businesses through closure, handling liquidation, debt settlement, and compliance with legal requirements, ensuring transparency and protecting stakeholders.
In-depth description
Dissolution and liquidation services provide comprehensive support for closing a business in a structured and compliant manner.
- From asset liquidation to debt settlement, we handle each step meticulously, ensuring compliance with all legal requirements.
- For bankruptcy proceedings, we guide companies through the process of restructuring or formal closure, protecting stakeholders’ interests and adhering to regulatory obligations.
- Our team ensures a smooth, transparent process tailored to meet the unique challenges of each case.
Scope of work
- Prepare the board resolutions and shareholder resolutions to initiate the company’s dissolution.
- Manage the appointment of a registered liquidator.
- Oversee the liquidation process, including the cancellation of visas, closure of bank accounts, and settlement of liabilities.
- Prepare and submit the final liquidation report and all necessary de-registration applications to the authorities.
Price range
AED 20,000 – AED 300,000
Cumulative assessment – billed Lump Sum
Primary Determinants of Pricing
Standard liquidation with liquidator and registrar.
All-inclusive management (visa, banking, tax etc.).
Existing structure, number of shareholders and stakeholders.
Private or public company.
Class of shares.
Deliverables
- A formal company de-registration or liquidation certificate.
- A final liquidation report.
Are you closing a company and need it done correctly?
Are you shutting down a UAE business or subsidiary?
Does the company have outstanding debts or liabilities?
Is a business facing insolvency or unable to pay its debts?
Do you need someone to manage the full closure process?
Frequently asked questions
Yes. The UAE Bankruptcy Law provides for formal restructuring procedures, including court-supervised composition and preventive composition, as alternatives to liquidation. Out-of-court restructuring with creditor agreement is also possible. These options preserve the business and are preferable where the underlying enterprise has genuine value.
Key contacts:
Romain Astruc
Managing Partner – Generalist, Advisory & Litigation
Gabriel Elmarzouki
Associate – Corporate, Commercial & Litigation
Mehdi Al Ghafari
Associate – Corporate, Commercial & Litigation
Other services you might need
Company closure involves employment, debt and tax obligations that must be handled in the right order and to the right standard.
HR & Employment Contracts for UAE Businesses
Accounting, Auditing & Tax - UAE Corporate Compliance
Business Disputes, Arbitration & Litigation
WHAT SET US APART
Why ASTRUC & Co
Closing a company in the UAE is a regulated process with real consequences. We manage it properly from start to finish.
1.
Commercial priorities
We manage dissolution around your commercial priorities – protecting directors from personal liability, settling employee claims correctly and managing creditor relationships
2.
Senior counsel only
Liquidation and insolvency carry personal liability risks for directors if handled incorrectly. Senior lawyers manage every step – from the initial solvency assessment
3.
Cross-border fluency
Dissolving a UAE entity with a foreign parent involves coordination across jurisdictions. We manage both sides – ensuring the UAE closure is properly reflected in the parent
More than legal counsel
With you, all the way
Life in the UAE brings extraordinary opportunities — and equally complex legal realities. Whether you’re relocating your family, navigating a divorce across jurisdictions, or structuring an inheritance that spans continents, you deserve a legal partner who understands both the technicalities and the human side of what you’re going through. At ASTRUC & Co, we treat every client’s situation as if it were our own.
From our offices in Dubai to our network spanning Riyadh, Paris, and Luxembourg, we bring senior-level attention to every matter — personal or financial. We believe the best legal advice is honest, clear, and delivered by someone who genuinely cares about the outcome. That’s why our clients stay with us, and why they come back when life presents its next chapter.
Ready to move forward?
Book a consultation with our team to discuss your situation and explore the right legal and strategic approach for your business.
