Company liquidation is a necessary legal procedure to formally terminate business operations following the laws and regulations in force in the Kingdom of Saudi Arabia. This process aims to ensure the closure of companies in a manner that preserves the financial and legal rights of all involved parties, including partners, creditors, and employees.
We provide comprehensive services in company liquidation, including the preparation of all required legal documents, official announcement of the liquidation as per regulatory requirements, and ensuring that all financial and administrative obligations are fulfilled. We also work to ensure that the liquidation procedures are carried out in full compliance with Saudi laws, helping to avoid any potential legal consequences related to the closure.
Our Services in Company Liquidation Include:
- Preparing companies’ liquidation documents under applicable regulations
- Publishing the company’s liquidation announcement as per approved legal procedures
- Settling financial dues and paying off debts related to the companies under liquidation
- Terminating relevant contracts and regulatory licenses during companies’ liquidation
- Providing legal consultations to ensure the company’s liquidation process is carried out efficiently and in full compliance
We are committed to offering full legal support throughout all stages of the company’s liquidation process — from the decision to liquidate, through the completion of administrative and regulatory procedures, to the official termination of the company’s legal entity.
Our company’s liquidation approach is based on a thorough assessment of existing obligations to ensure that no future liabilities or claims affect the partners or legal representatives after the liquidation is completed.
Companies’ liquidation procedures are carried out by the highest legal standards to ensure full compliance whether the liquidation is voluntary by decision of the partners or mandatory by judicial rulings or regulatory laws. We also provide legal advice on the available options before starting the company’s liquidation process to ensure the best possible outcomes while minimizing legal and financial risks.
