VAT registration signifies that a business is authorized by the government to collect and remit VAT. The UAE implemented the VAT system in 2018, applying to most goods and services transactions. Registered businesses must carefully document their income, costs, and VAT charges, reporting them regularly to the government online. It is crucial to comply with VAT regulations to avoid penalties. VAT De-Registration is an important process that requires careful interpretation and timely management. Late applications for de-registration can result in penalties. Falak Business Consultants (FBC) offers specialized VAT De-Registration services in the UAE, ensuring error-free and timely submission of applications to cancel Tax Register Numbers (TRN). By partnering with FBC, businesses can benefit from the expertise of a trusted team and avoid penalties associated with VAT De-Registration. FBC also provides thorough analysis to determine whether VAT registration is necessary for a business, aligning with UAE laws and regulations.
VAT De-Registration refers to the process of canceling a business's VAT registration with the tax
authority. It is applicable when a business no longer meets the criteria for mandatory VAT
registration or voluntarily chooses to cease its VAT-registered status.
It is advisable to consult with VAT experts or professional advisors to assess the eligibility for de-registration, understand the implications, and navigate the de-registration process effectively while complying with the applicable laws and regulations.
In the UAE, businesses should consider VAT De-Registration in the following situations:
1. Ceased Business Operations
2. Falling Below Mandatory Threshold
3. Ineligible for Voluntary Registration
4. Merging with a VAT Group
5. Change in Legal Structure
The timeframe for VAT De-Registration in the UAE depends on various factors, including the
complexity of the business structure and the efficiency of the tax authority's processing.
Typically, businesses are required to submit the VAT De-Registration application within 20 business
days from the occurrence of the de-registration event. While the Federal Tax Authority (FTA) aims to
process the application in a reasonable timeframe, the actual duration can vary.
Businesses should anticipate that the de-registration process may take several weeks or longer. To ensure a smooth and timely process, it is important to adhere to the de-registration procedures outlined by the FTA, provide accurate information, and submit all necessary supporting documents. Seeking guidance from VAT experts or professional advisors can also help businesses navigate the de-registration process efficiently and minimize any potential delays.
At Falak Business Consultants (FBC), we offer expert assistance to businesses in VAT De-Registration
in the UAE. Our specialized team understands the complexities of the de-registration process and can
guide businesses through the necessary steps to ensure compliance with the Federal Tax Authority
We provide comprehensive support, including reviewing the eligibility for de-registration, preparing and submitting the de-registration application, and assisting with the collection and organization of the required supporting documents. Our experienced professionals ensure that all relevant information is accurately presented to the FTA, minimizing the risk of delays or complications during the de-registration process.
Take control of your business finances and ensure accurate financial records with our professional VAT deregistration services. Book now to streamline your financial management and gain peace of mind knowing your financial transactions are in expert hands.
You can book your appointment by just dialing or sending a WhatsApp message to +971 52 302 7682
You will be assigned to a respected consultant based on your requirements. Our skilled experts will then get in touch with you for consultation.
If all of the necessary facts and documentation are provided during the consultation, our professionals will complete the work in the shortest period feasible.