VAT -De-registration
Understanding VAT -De-registration in UAE
If your business no longer meets the criteria for VAT registration or you’ve ceased operations, VAT de-registration is essential to remain compliant with the UAE Federal Tax Authority (FTA). Whether you are closing your business or simply no longer exceed the mandatory registration threshold, we ensure a hassle-free de-registration experience.
What Are the Benefits of VAT De-registration?
De-registering from VAT offers several advantages for businesses that no longer meet the VAT registration requirements
Avoid VAT Filing
If your taxable turnover falls below the required threshold, you can stop filing VAT returns, saving time and resources.
Reduce Administrative Burden
With VAT de-registration, you no longer need to maintain complex VAT records or file regular returns, streamlining your operations.
Compliance Assurance
Proper de-registration ensures your business complies with UAE tax laws, preventing any future tax issues or penalties.
When is VAT De-registration Required in the UAE?
Understanding when VAT de-registration is required is crucial for any business operating in the UAE. According to the UAE VAT law, businesses must apply for VAT de-registration under the following circumstances:
- Your taxable turnover falls below the mandatory registration threshold (AED 375,000).
- You cease business operations entirely.
- You merge with or are acquired by another entity.
- Your taxable supplies are below the voluntary registration threshold (AED 187,500), and you choose to cancel your VAT registration.
- Your business is no longer involved in any VAT-eligible transactions.
Steps to VAT De-registration in the UAE
Below is an overview of the steps we take to ensure successful VAT de-registration:
Initial Consultation and Eligibility Check
Prepare Required Documents
Submit Application to the FTA
Confirm De-registration Approval
Final Tax Return Submission
How Long Does VAT De-registration Take?
The VAT de-registration process in the UAE typically takes 4 to 12 weeks from the date the application is submitted, depending on the complexity of your case. Our team at Finhub Advisory Middle East ensures that all documents are submitted accurately and promptly to minimize delays and ensure timely de-registration.
How To Share Your Documents
Your financial data is sensitive, and we take its security seriously
PHYSICAL DELIVERY
Please ensure that sensitive information is securely packaged.
CLOUD STORAGE LINKS
Simply create a shared link to the folder or documents and send it to us.
Why Choose Us for VAT De-registration in the UAE?
At Finhub Advisory Middle East, we offer professional VAT de-registration services to help you comply with UAE tax regulations quickly and effectively. Here’s why businesses across the UAE trust us for VAT de-registration assistance:
Expert Knowledge
Our team of VAT specialists is up to date with the latest UAE tax regulations and provides expert advice on the de-registration process.
Seamless Process
We handle the entire de-registration process from start to finish, ensuring minimal disruption to your business.
Timely Compliance
Avoid penalties and fines with our timely VAT de-registration services, ensuring that your business remains compliant.
Transparent Fees
Our services are cost-effective, and we provide upfront pricing with no hidden fees.
Local Expertise
As a UAE-based company, we understand local VAT laws and procedures, making us the perfect partner for VAT de-registration in the region.
Common Questions About VAT De-registration
Yes, if you are permanently closing your business or stopping VAT taxable activities, you must de-register from VAT. This is required to ensure that your business is no longer liable for VAT obligations.
You must submit the final VAT return after de-registration to ensure that any outstanding VAT is paid. This is typically the last VAT return for the period in which you applied for de-registration.
If your business is eligible for VAT refunds (e.g., for excess VAT paid on purchases), you can apply for a refund before de-registration. However, after de-registration, you must ensure all VAT obligations are settled.
Once your VAT registration is cancelled, you will no longer be required to collect VAT on sales or pay VAT on purchases. However, you must still comply with other tax obligations, such as filing final VAT returns and paying any outstanding VAT due.
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Office 289, Mezzanine floor, Hamsah A building, Karama, Dubai, UAE