Company Liquidation Audit

Company Liquidation Audit

A Company Liquidation Audit is a specialized examination of a company’s financial records, assets, and liabilities conducted when a business is winding up its operations. The audit ensures that all financial obligations, including debts, taxes, and shareholder settlements, are properly accounted for and that the liquidation process complies with UAE commercial and free zone regulations.

Key Points:

Reviews financial statements, cash flows, and asset valuations before liquidation.

Confirms settlement of debts, taxes, and other obligations.

Ensures compliance with UAE laws and free zone regulations.

Provides transparency for shareholders, creditors, and regulatory authorities.

Purpose:

The audit safeguards stakeholders’ interests during the winding-up process, verifies that financial matters are properly settled, and ensures that the company’s closure is legally and financially compliant.