The process of liquidation, takes place when a company closes its operations .and the owners must dissolute the assets, properties and cancel the license, any business that is closing must go through this process by emirate law, a certified liquidator has to be assigned to undertakes the procedures. The liquidation of company in Abu Dhabi, UAE can be either compulsory (sometimes noted as a creditors’ liquidation) or voluntary (sometimes noted as a shareholders’ liquidation, though some voluntary liquidations are controlled by the creditors).