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Skrooge.ai delivers highly professional accounting and tax services in the UAE through an advanced, AI-powered system that ensures accuracy, efficiency, and full regulatory compliance. Their technology-driven platform brings transparency and automation to accounting and VAT processes, significantly improving turnaround time and reliability. We would like to specially recognize Kirill, Anatoly, and Sohail for doing an exceptionally fantastic job. Their professionalism, responsiveness, and hands-on support truly reflect the firm’s high standards and commitment to excellence. We highly recommend Skrooge.ai as a trusted, forward-thinking, and AI-enabled accounting and tax partner for businesses operating in the UAE.
I recently started working with Skrooge and my experience so far has been absolutely seamless. They have good onboarding, account management and SOPs. I was looking for a firm that is responsive, available, reliable and cost-effective and Skrooge is all of these. Highly recommend working with them.
Excellent accounting firm with strong expertise in VAT, audit, corporate tax, and AML compliance. Very professional, responsive, and reliable-everything is handled accurately and on time. Highly recommended
Thank you guys !
Since September, we switched to using Skrooge.ai for accounting, and it’s been a genuinely great experience. They’ve automated a lot of the process in a smart way, using AI, so everything feels clear, fast, and easy to manage. Most of the invoices are grabbed automatically from our emails and we don't have to think about it. The team is professional, very detail-oriented, and consistently improving their system.
We’re happy to be working with them across our two businesses, Eco Mind Cafe and Eka Mai Holistic Yoga (Port de La Mer, Dubai), and we would confidently recommend them.
Amazing product and very involved professional team that is always online and ready to help. Skrooge is the best option for accounting when you are on your way to boost your business.
Who it’s for
You have decided to close your UAE entity (LLC, Free Zone, or Branch) voluntarily.
You want to ensure no future liabilities or fines attach to the shareholders or directors.
You need a licensed liquidator to manage the formal deregistration process.
What you get
Licensed Liquidator
Appointment of a registered liquidator required by UAE law.
Coordinated process
We liaise with the liquidator, handle queries, and ensure you stay on the right track.
Final Liquidation Report
The formal document confirming the company is dissolved (available as a standalone service - see pricing below).
Why it matters?
- Avoid Fines: Improper liquidation or abandoning a company can lead to significant fines and penalties from authorities.
- Future Access: Unresolved liabilities can lead to travel bans or difficulties opening new businesses in the UAE in the future.
- Clean Break: Ensures all visas, bank accounts, and contracts are formally closed.
Why Skrooge
One point of contact
You deal with Skrooge—we coordinate with the liquidator and authorities so you don't have to chase multiple parties.
Vetted partner network
We work with licensed UAE liquidators we trust to handle the legal formalities.
End-to-end oversight
We ensure your final audit (if needed) and liquidation report align to prevent delays.
How we work
Timing: Typically 2-3 months after we
receive all required data and access.
Scope & Resolution
Board resolution to liquidate is signed; liquidator is appointed.
Initial Filings & Notice
Submission of initial documents and publication of the liquidation
notice in newspapers (mandatory 45-day waiting period).
Clearances & Final Audit
Obtaining clearances from utilities and government
bodies; preparation of final liquidator's report.
Final Deregistration
Submission of the final report and cancellation
of the license and commercial registration.
Where we operate
We support businesses across the UAE.
- Mainland: Dubai, Abu Dhabi, Sharjah, Ajman, RAK, UAQ & Fujairah
- Free Zones: DMCC, JAFZA, DIFC, ADGM, Meydan, RAKEZ, etc
Pricing
From AED 9,999
Final fee depends on entity type, FZ vs mainland, and complexity.
From AED 2,999
Final Liquidation Report only.
Frequently
Asked Questions
Still have questions? You can
email us on info@skrooge.ai
or
submit your request
How to liquidate a company in Dubai?
In the UAE, company liquidation is a two-stage process. In stage 1, you must confirm company liquidation in the minutes of your general assembly, appoint a liquidator, receive a liquidation certification from the Department of Economic Development (DED), and publish a liquidation notice in two local newsletters. Then, after a 45-day waiting period, you need to submit a no-objection declaration letter to the DED, collect approvals for license cancellation, cancel visas of foreign partners, cancel the firm card at the Ministry of Human Resources and Emiratisation (MoHRE), submit the required documents, pay a fee to DED, and receive the deregistration certificate.
What happens if a company gets liquidated?
When a company is liquidated, all visas, bank accounts, and contracts are formally closed, and the company is officially dissolved with a final deregistration certification from the Department of Economic Development (DED).
How much does it cost to liquidate a company in the UAE?
Skrooge’s comprehensive liquidation services start from AED 9,999, with the final fee depending on entity type and complexity, whereas the cost of standalone final liquidation reports starts from AED 2,999.
What is a liquidation service?
As part of our liquidation service, Skrooge appoints a licensed liquidator, submits initial documentation, publishes a liquidation notice, obtains approvals from relevant government bodies, submits the final liquidation report, and cancels the license and commercial registration.
What are the three stages of liquidation?
The first stage of liquidation involves formally confirming the liquidation, appointing a liquidator, and notifying the relevant parties. The next stage is a 45-day waiting period where debtors can submit claims. The final stage involves seeking approval from all the relevant government bodies, cancellation of licenses and visas, payment of DED fees, and receipt of the deregistration certificate.
How do I deregister a company in Dubai?
Skrooge can handle the deregistration process for your UAE business, handling communication with government bodies, debtors, as well as liquidators, and preparing the necessary documents and reports.
What is the difference between deregistration and MVL?
Liquidation of a company is sometimes referred to as deregistration, but deregistration can also simply refer to VAT deregistration. On the other hand, members’ voluntary liquidation (MVL) is when a solvent company’s shareholders decide to liquidate the company. So, MVL can be seen as a type of deregistration/liquidation.
What does it mean to deregister a business?
Deregistering a business means formally closing your UAE entity through the liquidation process, which involves canceling your license, commercial registration, visas, bank accounts, and contracts to ensure a clean dissolution with no future liabilities.
What is the liquidation report, and how do I prepare it?
The liquidation report is the formal document confirming your company is dissolved. It is prepared by the licensed liquidator as part of the clearances and final audit stage and submitted for final deregistration.