Liquidation Report

A liquidation report is a formal statement of a company's financial position prepared when the business is being wound up and removed from the trade register. It confirms the company's assets and liabilities at the date of closure, shows that obligations have been settled, and provides the independent documentation that authorities, free zone bodies and shareholders require to complete a deregistration. ADS Auditors prepares clear, properly supported liquidation reports that help you close your UAE company correctly and without unnecessary delay.

In the UAE, deregistering a company is a structured process rather than a simple cancellation. Mainland licensing authorities and free zone registrars generally require an auditor's liquidation report, and you must also settle your standing with the Federal Tax Authority for Corporate Tax and VAT before the entity can be deregistered. A well-prepared report demonstrates that the company has been liquidated in good order, which keeps the closure smooth and protects directors and shareholders from lingering exposure.

What is included

• Review of the company's books, bank accounts and supporting records up to the liquidation date
• A statement of affairs setting out remaining assets and outstanding liabilities
• Confirmation that creditors, employees and other obligations have been settled or provided for
• An independent auditor's liquidation report in the format accepted by the relevant authority or free zone
• Guidance on the final treatment of Corporate Tax, VAT and any related FTA deregistration steps
• Supporting documentation and a covering letter to accompany your deregistration application

How it works

We work alongside the appointed liquidator, your management and your other advisers to produce a report that reflects the true closing position of the company.

1. Scoping — we confirm the licensing authority or free zone requirements and the documentation you will need to submit.
2. Review — we examine your accounting records, bank statements and contracts to establish final assets and liabilities.
3. Settlement check — we verify that debts, payroll, end-of-service dues and tax positions have been cleared or provided for.
4. Reporting — we issue the liquidation report and supporting documents so you can complete deregistration with the authorities and the FTA.

Who needs a liquidation report

A liquidation report is required by any UAE entity that is closing down and applying to be removed from the register, including:

• Mainland LLCs and other companies completing voluntary liquidation
• Free zone companies and branches following their registrar's deregistration procedure
• Owners exiting a business, restructuring a group or consolidating multiple entities
• Dormant or non-trading companies that are no longer needed
• Appointed liquidators who require an independent audit of the closing position

Why choose ADS Auditors

As an FTA-registered tax, audit and accounting firm based in the UAE, ADS Auditors understands both the audit detail and the wider compliance picture that a clean closure depends on. We are familiar with the documentation required by mainland authorities and free zone registrars, and we coordinate the Corporate Tax and VAT side so nothing is left outstanding.

We work efficiently to keep your liquidation on schedule, explain each requirement in plain language, and give you a single point of contact throughout. The result is a properly documented report that lets you close the company with confidence and move on.