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The phrase "are close to completing" is correct and usable in written English.
It can be used when indicating that someone or something is nearly finished with a task or project.
Example: "We are close to completing the final report and will submit it by the end of the day."
Alternatives: "are nearing completion" or "are almost done with".
Exact(45)
Northampton Town are close to completing a takeover deal with a consortium from India.
EXTRA POINTS The Jets are close to completing a contract extension for running back CURTIS MARTIN.
Newcastle United The club are close to completing a loan deal for Marseilles' Hatem Ben Arfa.
Bradway said the Jets are close to completing a deal with their third-round draft pick, offensive tackle Kareem McKenzie.
Tottenham are close to completing a £9m deal for the France midfielder Etienne Capoue from Ligue 1 club Toulouse.
Meanwhile, Everton are close to completing the signing of the Aston Villa midfielder Idrissa Gueye, despite rival interest, according to the Championship club's manager, Roberto Di Matteo.
Similar(15)
By contrast, Florida, Iowa, Maine, Maryland, Vermont and Wyoming are close to complete compliance.
With thousands on their way out — the Olympics end Sunday — the hotels are close to complete.
Mondesi and Pirates Are Close Raul Mondesi said he was close to completing a deal with the Pittsburgh Pirates.
In truth, McIlroy is close to completing the circle.
Roman Pavlyuchenko is close to completing a £12m transfer to Tottenham Hotspur.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com