VAT Deregistration in UAE

Avail seamless VAT deregistration services !

When a business needs to cancel its VAT registration with the UAE Federal Tax Authority, VAT de-registration, also known as termination or end of VAT registration, is commonly done. The FTA can only authorize VAT deregistration in the UAE if the reason for termination is legit and the prerequisites are met according to the legislation. Businesses in the UAE can de-register from VAT if their sales in the first 12 months after registering with the FTA did not exceed AED 187,000 or if they stop producing taxable supplies.

Deregister for VAT in Dubai, UAE

VAT Deregistration in the UAE is a simple online process that may be completed using the FTA website. However, businesses that cease operations must get a company liquidation letter from the government before applying for VAT deregistration. To assist businesses in cancelling their VAT services, Reyson Badger provides seamless VAT deregistration services in Dubai and the UAE.

According to the Federal Decree-Law No. 8 of 2017, businesses can choose to be deregistered from the VAT if they meet specific conditions.

In the United Arab Emirates, VAT de-registration is a procedure that permits a company to stop paying taxes, either voluntarily or compulsorily.

Once the FTA receives the application for VAT deregistration in the UAE, it will review it and, if the firm has followed the law, will cancel the VAT number granted to it. The FTA may reject the application for deregistration if the reasons are not acceptable and the prerequisites are not met.

The UAE Tax System, according to the FTA, is fully based on voluntary compliance by Taxable Entities, whether in terms of registration, submitting Tax Returns, paying due tax, or de-registration.

Hence, a business can apply for deregistration voluntarily or compulsorily as discussed below:

Voluntary Deregistration in Dubai, UAE

As per Article 17, a Registrant cannot request VAT Deregistration within 12 months of the date of registration.

A company can proceed with a voluntary deregistration procedure if it meets the following criteria: -

• If it’s been 12 months from the tax registration date.
• If the company does not supply the goods that are taxed
• The annual sales are less than AED 187,500 even after supplying taxable goods
• If the total value of anticipated taxable supplies or taxed costs in the next 30 days does not exceed the voluntary registration level.
• If the company is permanently closed.

Mandatory Deregistration in UAE

A company can go ahead with a mandatory deregistration process

• If the company no longer makes revenue of AED 375,000
• If the company doesn’t supply any taxable goods

How Reyson Badger can help you?

In accordance with Emirati VAT laws, Reyson Badger delivers expert VAT Deregistration services in the UAE. We examine the issues in detail and simplify the deregistration process for you. To make the process easier, Reyson Badger evaluates your business operations and deregistration choices from the ground up.

We recognize the value and necessity of VAT services for every business entity in the UAE, and we provide a comprehensive set of VAT services in Dubai, including:

• VAT Training
• VAT registration
• VAT deregistration
• VAT compliance and control
• VAT filing and payment
• VAT Impact on company cash flow, etc.

We provide VAT deregistration services in Dubai, UAE. Apart from that, Reyson badger provides you with various business services such as Auditing services, Accounting & Bookkeeping Services, Due Diligence services, and many more.

Contact us for a free consultation…!!!