“Abandoned” companies in the UAE: what to do with a legal entity that does not operate?

Webinar: “Abandoned” companies in the UAE: what to do with a legal entity that does not operate?”

Many people know the story of abandoned luxury cars in Dubai that have been parked for years, losing value and accumulating fines. A similar situation sometimes happens with companies in the UAE. Despite the active and promising market, some owners leave the firm out of business for various reasons, including doing other business in the UAE. However, unlike cars, such companies may incur significant risks and liabilities that owners may not be aware of.

We are happy to invite you to a webinar where leading Versus.UAE incorporation experts will tell you what to do in such cases.

🗓 Date: October 15, 2024

⏳ Time: 11:00 (UAE), 10:00 (Moscow)

At the meeting, we will tell you:

— What happens if you “leave” the company? Fines, taxes and expenses.

— Are founders and directors responsible for inactive activity?

— What should I do with an inactive company? To support or liquidate?

— How is the company liquidated?

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The webinar will be useful for business owners, lawyers, accountants and anyone involved in managing companies in the UAE. You will receive practical advice and guidance.

🔗 Participation in the event is free of charge. You must register in advance using the link.

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