YOUNG AND RIGHT
ACCOUNTING & TAX CONSULTANCY
Young & Right
Accounting Audit Assistance
Internal Audit Statutory Audit Audit in free zones Liquidation Audit Tax Audit Stock Audit
Advisory & Consulting
VAT SERVICES
Vat Consultants Vat Return Filing Vat Refund Vat Fines Vat in Uae Vat Audit Vat Deregistration Vat Assessment & Appeals Vat Implementation VAT and Tax Advisory Key VAT Points VAT Training VAT Compliance Services International Taxation
OTHER SERVICES
Zakat Consultancy Aml Registration Company Liquidation Tax Residency Certificate Tax Consultancy Services Software Implementation CFO Services
CORPORATE TAX
Services Registration Assessment Return filing Corporate Tax audit
ADVISORY
Financial Reporting & Statement Analysis Corporate Governance Business Strategy & Planning Budgeting & Financial Planning Strategy & Operation AML Compliance
About Us Blogs Contact Us
Home
Accounting
Bookkeeping Services Accounts Payable Outsourcing Accounting & Financial Reporting Account Reconciliation Services Payroll Services Updating Of Backlog Accounts
Audit Assistance
Internal Audit
Financial Statement Audit Risk Management Operational Audit Compliance Audit Financial Control audit Independent Review Investigation Audit Forensic & Special Audit
Statutory Audit Audit in free zones Liquidation Audit Tax Audit Stock Audit
Advisory & Consulting
Vat Services
Vat Consultants Vat Return Filing Vat Refund Vat Fines Vat in Uae Vat Audit Vat Deregistration VAT Assessment and Appeals Vat Implementation VAT and Tax Advisory Key VAT Points VAT Training VAT Compliance Services International Taxation
Corporate Tax
Services Registration Assessment Return filing Corporate Tax audit
Advisory
Financial Reporting & Statement Analysis Corporate Governance Business Strategy & Planning Budgeting & Financial Planning Strategy & Operation AML Compliance Mergers and Acquisitions Financial Feasibility Business Succession Planninge Business Restructuring Human Capital Valuation and Financial Restructuring Tax Advisory
Other Services
Zakat Consultancy Aml Registration Company Liquidation Tax Residency Certificate Tax Consultancy Services Software Implementation CFO Services
About Us Blogs
Document
How to Deregister VAT in UAE?

How to Deregister VAT in UAE?

Blog / By Master Consultant

VAT deregistration is the process of canceling a business's VAT registration with the Federal Tax Authority (FTA) in the UAE. This is required when a business no longer meets the criteria for VAT registration. Below is a step-by-step guide on how to deregister for VAT in the UAE: Who Can Deregister for VAT? Mandatory Deregistration: A business must apply for VAT deregistration if: The taxable supplies or income have fallen below the mandatory registration threshold of AED 375,000. Voluntary Deregistration: A business can apply for deregistration if: The taxable supplies or expenses are below AED 187,500. The business is no longer operational or has ceased taxable supplies. Steps to Deregister for VAT in UAE Log in to the FTA Portal: Visit the FTA website: www.tax.gov.ae. Log in to your e-Services account using your credentials. Navigate to the VAT deregistration Section: After logging in, go to the VAT deregistration section. Click on ‘Apply for VAT deregistration’. Fill in the Deregistration Application: Provide the following details: Reason for deregistration. Date when the business ceased making taxable supplies. Supporting information such as financial statements, closure certificates, or other relevant documents. Submit the Required Documents: Prepare and upload all necessary documents, including: Final financial records showing no taxable supplies. Evidence of business closure (if applicable). Proof of reduced turnover (if applicable). Review and Submit the Application: Double-check all the details entered. Submit your deregistration application for FTA review. Await Approval from the FTA: The FTA will review your application and notify you via email regarding the approval status. Upon approval, your VAT deregistration will be processed, and your Tax Registration Number (TRN) will be deactivated. Important Points to Note: Deregistration must be applied for within 20 business days of becoming eligible to avoid penalties. Businesses with pending tax liabilities must settle them before deregistration. Maintain your records for at least 5 years, even after deregist

Let's Talk

Free Consultation
Document Document