Company liquidation refers to the insolvency process where all the operations of the company are wound up and properties are dissolved. The received earnings are used to repay debts, cover dues and expenses, and distribute the residual excess to the respective owners. Basically, there are two types of Company liquidation in Dubai – Compulsory liquidation, where the creditors ask the courts to dissolve the company, and Voluntary liquidation, where the shareholders willingly decide to shut down their business. Shuraa provides liquidation services to all kinds of entities across the UAE. Get full assistance in all the preparations associated with the liquidation process.
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