VAT Deregistration
Services

What is VAT Deregistration?

VAT deregistration is a mandatory requirement in the UAE where VAT registrants terminate their registration. VAT deregistration is necessary when the tax registrant stops its operations or no longer requires VAT registration.

The entities must submit a deregistration request to the FTA along with certain documents. Once approved, the FTA will cancel your VAT registration.

Who should apply for VAT Deregistration?

Tax registrant entities must apply for deregistration under the following circumstances:

Compulsory VAT deregistration:

• Companies stop trading or wind up their operations
• Taxable supplies and imports have fallen below the voluntary VAT registration threshold of AED 187,500 in the last 12 months.

Voluntary Deregistration:

• The company’s taxable supplies and imports have fallen below the mandatory VAT registration threshold of AED 375,000 in the last 12 months but more than the voluntary VAT registration threshold of AED 187,500.

Our VAT Deregistration Services

Tax Gian can help you with the UAE VAT deregistration process by rendering the following services:

• VAT deregistration eligibility assessment
• Preparation and review of documentation
• Assistance for the submission of application to EmaraTax platform
• Assistance in filing the final VAT return to the FTA
• Help to settle any outstanding liability
• Submission of refund application
• Facilitates communications with the FTA
• Support clients in case of audits or inquiries

When to Submit a VAT Deregistration Application in the UAE?

The FTA should receive your application for VAT deregistration within 20 business days of being qualified for deregistration. We are one of the leading tax agents in the UAE and we can help you submit the application within the deadline.

VAT Deregistration Penalties in the UAE

If you fail to apply for deregistration within the deadline, you may incur a penalty of AED 1,000 per month and a maximum of up to AED 10,000. We can help you avoid the hefty VAT deregistration penalties in the UAE.

What is the VAT Deregistration Process in the UAE?

The VAT deregistration process involves the following steps:

• Submission of VAT Deregistration application on the EmaraTax Portal
• Submission of pending VAT Refund requests and paying any outstanding liabilities
• FTA issues an acknowledgement to you after the submission of the application
• FTA may ask for additional information including Trial Balance, Invoices, Contracts, etc.
• The FTA reviews the application and documents and changes the status to “Pre-Approval”
• Once the pre-approval is issued, the FTA will provide you time for the submission of the Final VAT Return
• Once the VAT return is filed, the FTA will confirm “Not to use TRN” any further
• FTA issues the UAE VAT deregistration certificate

Why Hire Tax Gian’s VAT Deregistration Services?

It is critical to hire a consultancy such as Tax Gian that provides the best VAT deregistration services in Dubai to avoid hefty penalties. You should hire Tax Gian because,

• We are registered tax agents in the UAE
• A company with over two decades of experience in the UAE
• We can provide accounting and auditing services as well
• We service a reputed client base
• Our clients belong to diverse industries and sectors
• We follow a customer-first approach
• Our team is composed of the best VAT consultants in Dubai

Frequently Asked Questions (FAQs)

1. How can I get a VAT deregistration certificate?

After receiving the approval, you may download the VAT Deregistration Certificate from the e-Services account dashboard on the EmaraTax website. You can use the VAT Deregistration Certificate as the proof of proof of deregistration.

2. When is the final tax return due?

You need to submit the final VAT return to the FTA no later than 28 days from the date as specifically communicated by the FTA before pre-approval of de-registration.

3. When should I settle the payable tax in the UAE?

You have to settle the payable tax no later than 28 days from the effective date of VAT deregistration.

4. How much time is taken for de-registration?

The VAT De-registration normally takes more than 6 months.