DED seeks to improve liquidation procedures in Dubai

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group-photoThe Business Registration & Licensing and Corporate Quality divisions at the Dubai Department of Economic Development (DED) organised a meeting with top chartered accountants involved in undertaking liquidation procedures for companies in the emirate. The meeting was aimed at enhancing joint relations and communication channels with the private sector.

Mohamed Ali Lootah, Executive Director, Corporate Quality Division, said: “This meeting is part of DED’s strategic plan to enhance cooperation with the private sector, leverage customers’ satisfaction and achieve the quality and excellence drive led by Dubai’s government.”

The objective of improving the liquidation procedure is to make it easily implemented. Mr Lootah added: “By improving the liquidation procedure, we reduce time to undergo the liquidation process, regulate the procedure and strengthen the protection of companies, liquidators, and government rights alike.”

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