What is VAT Deregistration? • VAT deregistration is the process of cancelling a company’s VAT registration with the UAE tax authority when the business no longer qualifies for VAT registration. • After deregistration: • The business stops charging VAT on invoices • VAT returns no longer need to be filed • The Tax Registration Number (TRN) becomes inactive
When is VAT Deregistration Required? VAT deregistration may be required in the following cases: • • • •
Business stops making taxable supplies Company closes or trade license is cancelled Business is liquidated or dissolved Taxable turnover falls below the required threshold
Documents Required • • • • • •
Common documents required for VAT deregistration: Trade license cancellation or closure proof Final VAT return details Financial statements or turnover proof Proof of settlement of VAT liabilities Bank statements or payment confirmations
Our Address • Sharjah • Shams Business Center, P O Box: 515000, Al Mtsannid Suburb, Sharjah, UAE • Ajman • Falcon Tower, B1 Block, Al Rashidiya 2, Ajman, UAE • Dubai • Dubai Airport Free Zone (DAFZ) Dubai, UAE
Connect with us • +971 56 227 3735 +971 6 573 9984
Guide to VAT Deregistration Process in the UAE
VAT Deregistration UAE Guide to VAT Deregistration Process in the UAE
Guide to VAT Deregistration Process in the UAE
• Understanding VAT Deregistra...
