The duration of the dissolution and liquidation process will primarily depend on the status of the company accounts as all assets and liabilities should be cleared from the balance sheet.
The final approval will in essence come from the Revenue Department who will certify that no contingent liability subsists in the company books.
The process can take as little as 60 to 90 days, up to several years. Hereunder is the timeline to expect if the company books are in order: