Company Dissolution Services in KSA

Company dissolution, also known as liquidation or winding up, is a legal process that formally ends the existence of a company. In Saudi Arabia, this process is governed by strict regulations and requires adherence to legal protocols to ensure the proper closure of business operations.

Our Services

Legal Compliance

Preparation and submission of all necessary legal documents. Coordination with relevant government authorities. Ensuring compliance with laws and regulations.

Financial Settlements

Management of financial obligations, including settling debts and liabilities. Preparation of final financial statements. Distribution of remaining assets.

Termination and Settlement

Guidance on employee termination procedures in accordance with Saudi labor laws. Calculation and disbursement of final settlements.

Tax Clearance

Assistance in obtaining tax clearance certificates. Settlement of outstanding tax liabilities with the General Authority of Zakat and Tax (GAZT).

Closing Bank Accounts

Assistance in closing corporate bank accounts. Cancellation of business licenses and permits.

Final Deregistration

Submission of final deregistration request to the Ministry of Commerce. Removal of the company name from the commercial register.

Why Timely Dissolution Matters

Failing to dissolve a company properly can result in legal complications, financial penalties, and damage to your business reputation. Our expert team ensures that your company dissolution is handled efficiently, reducing risks and providing peace of mind.

Initial Consultation

Assessment of the company’s financial status and legal standing. Develop a dissolution plan.

Resolution of the Board

Drafting and passing the necessary board resolution for dissolution. Contact J K today.

Notification and Publication

Notifying relevant stakeholders and publishing the dissolution notice as required by law.

Settlements and Liquidation

Execution of financial settlements, payment of debts, and liquidation of assets.

Finalization

Completion of the deregistration process and issuance of dissolution certificates.

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