Tax Audit & Company Liquidation Services in UAE

A tax audit is an examination conducted by the Federal Tax Authority (FTA) to assess the tax liabilities of a taxable person. The purpose of a tax audit is to ensure that taxes are calculated accurately, paid on time, and in full compliance with applicable laws such as UAE VAT and Excise Tax regulations. The FTA may conduct a tax audit either by visiting the business premises or by requesting relevant documents for review. It is the responsibility of the taxable person to maintain proper records and comply with all requirements under UAE tax laws.

We also provide professional company liquidation services in the UAE. Our team prepares the Liquidator’s Report, commonly known as a No Liability Letter, through a certified auditor. The process begins with issuing the Appointment of Liquidator letter to notify the licensing authority, followed by a final report after verifying all financial and legal liabilities of the company. Our experts ensure that all liabilities are thoroughly reviewed before issuing the Liquidator’s Letter, making the closure process smooth and fully compliant. With extensive experience in handling company liquidation in Dubai, we manage the entire process efficiently, as closing a business can often be more complex than starting one.

In the UAE, there are two types of liquidation:

Voluntary Liquidation

when the business owners are not interested to run the business or unable to run the business. They jointly take a decision to move out of business.

Mandatory Liquidation

In this case, the Licensing authority or UAE court orders to liquidate the company when the company does something wrong which is not permitted in their line of business.