Скачать или смотреть Liquidation of Companies in the UAE | Episode

In this episode of Lawgical with Ludmila, Ludmila Yamalova, Founder and Managing Partner of HPL Yamalova & Plewka, takes you through the complexities of closing down a business in the UAE. While setting up a company may be straightforward, winding it down involves careful planning, legal compliance, and navigating various regulatory hurdles.

Takeaways:
• The formal liquidation process is essential to close a business in the UAE.
• Key steps include appointing a liquidator, settling debts, and obtaining government clearance.
• Failing to properly liquidate can lead to penalties and ongoing liabilities.
• Business owners should take a strategic approach to avoid complications.