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The resolution or Power of Attorney must be notarized, attested from the UAE embassy of the foreign country, and legalised by the UAE Ministry of Foreign Affairs and Ministry of Justice if the shareholders are not present in the UAE. The attestation of a Notary Public is not necessary for businesses that are registered in the majority of the Free Zones. The appointment of the company’s liquidator should also be mentioned in this declaration of the resolution, together with the name of the involved liquidator and their complete address. Additionally, this procedure is not applicable when liquidating a sole proprietorship.
A liquidation certificate (primary) will be given once the aforementioned documents have been filed and the initial payment has been made to the relevant Authority (Department of Economic Development). The Authority issues the liquidation certificate as documentation allowing the company to proceed with the winding up of a company in the UAE.
The corporation can move forward with the advertisement that is planned to run in the newspaper after the liquidation certificate (primary) is obtained. Limited Liability Corporations and other free zone businesses, such the Dubai Creative Cluster Authority, are required to publish a forty-five (45) day notice of liquidation notice in a public journal. Four advertisements in Arabic must be issued in the case of LLC companies.