Declaration of solvency
Solvency Declaration in Dubai
A solvency declaration confirms that a company or an individual can meet their debts, most often as part of a company’s voluntary liquidation or to support a personal visa or immigration file. Our in-house notary public notarises it at our Business Bay office, online or at your home, from AED 600.
In-house notary public at our Business Bay office. Online and home visit notary services across the UAE.
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In-house notary public
We notarise your solvency declaration at our Business Bay office
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Two uses, one document type
A company winding up, or a personal financial declaration
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Arabic and English
Both texts checked before you sign
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In person, online or at home
Sign where it suits you
What a solvency declaration is
A solvency declaration confirms that the person or company signing it can meet its debts. The most common use is corporate: before a company can close through a members voluntary liquidation, the directors sign a declaration confirming the company can pay everything it owes within a set period, and the shareholders then pass a resolution to wind up and appoint a liquidator. A less formal, personal version appears in some visa, residency or sponsorship files, where an applicant signs a declaration of financial solvency to support an income or net worth claim, usually alongside bank statements or an accountant’s certificate. The two are worded differently and carry different weight. We ask which one applies before we draft it, because a liquidation declaration sits inside a wider legal process and a personal one does not.
When a solvency declaration is used
Company liquidation
Directors confirm the company can settle its debts before winding up begins.
Personal visa or immigration file
Supports a financial capacity claim alongside bank statements or an accountant’s letter.
Confirming solvency to a partner or bank
A written confirmation requested as part of a transaction or facility.
Before a shareholder resolution to wind up
The declaration directors sign ahead of the resolution.
What the declaration must contain
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The company or individual’s identity
Full legal name, as on the licence or passport.
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The basis for the claim
Figures or accounts the solvency statement relies on.
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The period covered
How long the signer confirms the debts can be met.
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A declaration of truth
That the statement is made knowingly and is true.
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Signatures before the notary
Every director, or the individual, witnessed at signing.
Getting the basis right
A solvency declaration is only as sound as the figures behind it. A liquidation declaration should follow the company’s actual accounts, and a director who signs one carries personal responsibility for it being accurate. A personal declaration should match the bank statements, salary letters or net worth certificate submitted alongside it, not state a larger figure than the file can support. We ask what the declaration is for and what it will be submitted with, so the wording stays consistent with the rest of your file.
How your solvency declaration is notarised
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Contact us
Send a WhatsApp message or book online.
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Tell us the purpose
A liquidation, a visa file, or a request from a bank or partner.
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Share your documents
Accounts, bank statements or a net worth certificate, and your ID.
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Sign before our notary
In person at Business Bay, online, or at your home.
What it costs
| Document | Fee | What you need |
|---|---|---|
| Solvency declaration | AED 600 | Passport, Emirates ID or licence, the figures it relies on |
| Liquidation-related solvency declaration, drafted | We quote after reading the document | The company’s accounts and the resolution it supports |
Fees may vary with the document; we confirm the figure before you sign.
What to bring
Passport, Emirates ID or trade licence, the accounts, bank statements or certificate the declaration relies on, and a note of what it is being submitted for.
Solvency declaration
Solvency declaration
A sworn statement that debts can be met, witnessed by our notary.
Net worth certificate
Net worth certificate
A figure calculated and certified by a licensed auditor or accountant.
The figures have to hold together
A solvency declaration is read against whatever else is in the file, accounts, bank statements or a certificate. We check the figures match before you sign.
- Consistent with the supporting documents
- The right period and basis stated
- Both language texts checked together
Who signs, and what we check
Every director, on a liquidation declaration
The individual, on a personal declaration
Passport, Emirates ID or trade licence
The accounts or financial documents relied on
The shareholder resolution it supports, where one exists
Authority to sign, for a corporate declaration
Where a solvency declaration gets stuck
A solvency declaration is refused or questioned when the figures in it do not match the accounts or bank statements submitted alongside it, when a director signs without having seen the actual accounts, or when the declaration states a period longer than the figures can support. We check the basis before notarising, because this is one declaration where a receiving authority or a liquidator is likely to look closely at the number, not just the signature.
Common problems, and the fix
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The figures do not match the accounts
Fix: reconcile the declaration against the actual accounts first.
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A director has not seen the figures
Fix: circulate the accounts before the directors sign.
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The stated period is unsupported
Fix: shorten the period to what the figures can show.
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The two languages differ
Fix: correct both texts together before signing.
After notarisation
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File it where required
A liquidation declaration is filed as part of the winding up process.
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Submit it with the file
A personal declaration goes in with the bank statements or certificate it supports.
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Keep a copy
Keep the notarised original and a copy for your own file.
The resolution that usually follows
A liquidation declaration is normally the step before the shareholders pass a resolution to wind up the company.
Tell us whether this is a liquidation or a personal declaration. The wording differs.
Documents we notarise are presented to authorities, free zones and banks across the UAE.
Related documents
Declaration services
The general hub for every kind of declaration we notarise.
Shareholder resolution
The decision that follows a solvency declaration in a liquidation.
Power of attorney for company liquidation
For appointing someone to act during the winding up.
Statutory declaration
A declaration made under a specific legal requirement.
Three ways to get it notarised
Questions about solvency declarations
Is a solvency declaration the same as a net worth certificate?
No. A net worth certificate is calculated and certified by a licensed auditor. A solvency declaration is a sworn statement we notarise.
Do all company closures need a solvency declaration?
It applies to a members voluntary liquidation, where the company is solvent. A different route applies where it is not. Tell us your situation.
Can you draft the declaration?
Yes. Send the accounts or figures it relies on and we quote after reading them.
Who signs a liquidation solvency declaration?
Every director of the company, in front of our notary.
Can a personal solvency declaration support a visa application?
It can support one alongside bank statements or a certificate. Check the specific authority’s requirement first.
Can I sign online?
Yes, our online notary service covers most solvency declarations. Call or WhatsApp us to check yours.
What clients say
Reviews from our Google Business Profile, published as written.
Had experience of getting some of my documents attested from the firm. Service was top notch. Mr. Ali explained everything in detail and was of great assistance. I would recommend firm for any legal assistance or document attestation.Highly Recommended and Excellent Service. I had to do notarization for some documents and Miss Razan assisted us greatly with exceptional professionalism and courtesy. I extend my utmost commendation for the exemplary quality of service provided.I needed statutory declaration for new Zealand notarized. They did for me online since I was based in Abu Dhabi. Thanks for your service.Excellent service from notary services Dubai. They are instant replying agency. Others take long hours to reply for simple questions. Highly recommended for notaries in DubaiGreat and speedy service for getting the NOC to sponsor my child. Big thanks to Ali for handling everything smoothly and on time!Excellent notary service! Everything was handled smoothly and professionally. They even agreed to schedule a call at a time that worked best for us, which was outside their usual practice, a real sign of their flexibility and client focus. Top professionals, willing to go above and beyond. Highly recommendedI contact this office for a notary today on Sunday they processed my notary and I got my documents today onlineI am 100 percent satisfied with their true copy attestation highly recommendLovely staff professional work nice knowledge highly recommendedReviews published on our Google Business Profile and verified by Trustindex. Shown as written.
We have it.
Your reference is . Quote it if you call.
We reply by email within 30 minutes.
What the reply will contain: whether the document is fit for what you need it to do, what would have to change, who would need to attend, and what it would cost.
What has not happened: nothing is booked, nothing is filed, no retainer exists, and this is not legal advice.
Where to find us
Address
Empire Heights Tower B, Fountain Street, Business Bay, Dubai
Hours
Office and calls: Monday to Friday, 9:00 am to 6:00 pm, Dubai time. WhatsApp: 24/7, reply within 10 minutes. Email: 24/7, reply within 30 minutes.
Phone
+971 56 282 2994
info@dubainotaryservices.ae
Get your solvency declaration notarised
Tell us whether it is for a liquidation or a personal file. We confirm the fee before you sign.