Who Has to Apply for VAT De-Registration in UAE?

VAT deregistration of TRN from the FTA is required in certain cases. Following are the scenarios when a VAT Registered person should go for De-Registration.

• If he stops making Taxable Supplies
• If the value of the Taxable Supplies made over a period of (12) consecutive months is less than the Voluntary Registration Threshold ie, AED 187,500/ and he does not anticipate that they’ll cross the Voluntary registration threshold during the coming 30-days.

How to Apply for VAT Deregistration in UAE?

VAT Deregistration for VAT in the UAE is an online process which can be accessed through the Federal Tax Authority’s online portal. Before proceeding for VAT Deregistration, the applicant should consider various aspects such as turnover requirements or discontinuation of business etc.

The Registrant must apply to the Authority for de-registration in accordance with the cases mentioned above, within (20) business days of the occurrence of any of them.

The Authority shall accept a Registrant’s application for deregistration where the above two conditions are met.

Once you open the online web portal for deregistration for VAT in the UAE, the following screen will be visible.

If the registered person doesn’t deregister within the prescribed time period as per the law, it will attract penalty from the Authority.

Once the FTA confirms acceptance of your de-registration application form, you will be notified the message of “Deregistration Pre-Approval”. The status of your de-registration in the dashboard will be changed to ‘Pre-Approved’.

You shall also be required to submit a final tax return which will be generated by the system in the “VAT returns” section. You will receive an email and an SMS notification informing you of the status of the application and requesting you to complete the payment of the outstanding liabilities.

How can we of Help?

Musthafa Abdul Hameed Auditing of Accounts provide following services under TAX Services

• Tax Audit Service
• VAT Implementation Services
• VAT Return Filing
• VAT Compliance Review
• TAX Consultancy Services
• Tax Agent Service

And VATderegistration Services in the all Seven Musthafa Abdul Hameed Auditing of Accounts Dubai, Abu Dhabi, Sharjah, Ajman, Fujairah, Ras Al Khaima, Um-Al-Quwain

For more information on Tax Deregistration services, please contact our following representatives: