Professional VAT Deregistration Services
UAE VAT Consultancy is a professional and reputed company offering various VAT-related services- VAT Registration Service, VAT Implementation, VAT filing services VAT Training & Consultation, and VAT Deregistration in UAE.
There might be several reasons a company may have to file for VAT Deregistration. Your organisation needs to be appropriately represented in front of the FTA officials, and they accept the deregistration form if they find the reason valid and genuine.
We assist you in VAT deregistration after thoroughly evaluating your case. It is noteworthy that the FTA will reject the deregistration request if it finds the reasons to be invalid and not fulfilling the requirements.
If you want to file for VAT Deregistration, you must ensure that the reason is valid. An expert professional VAT Services provider such as UAE VAT Consultancy can offer you the correct guidance to present your case with all the facts and information.
If the application is based on false information, the FTA will impose a penalty, which is financially draining. Therefore, as a business owner in the UAE, you need a knowledgeable VAT partner who guides you with the correct deregistration process. With professional assistance, you can present your case with excellence and furnishing all the facts and records. We help you provide a satisfactory response to the FTA officials.
Our experts are aware of the VAT deregistration requirements. Rely on our professional virtual VAT services.
Simplify the VAT Deregistration in UAE. Call us now to get in touch with the Experts.
Mandatory VAT Deregistration in UAE
As a business owner in Dubai, you need to deregister for VAT if you fulfill certain conditions laid down by the FTA, and then it would be mandatory to unregister for VAT. Some common scenarios for VAT Deregistration are –
When the annual Turnover of the taxable good or services is less than AED 187,500 (the minimum limit for filing VAT) in the past year, in such a case, the company can file for VAT Deregistration without option.
When your company stops selling the taxable good and services you were selling earlier and for which you were paying VAT.
It is mandatory to apply for VAT deregistration within 20 days. If the business fails to do so, it will have to pay a penalty of AED 10,000. With the help of expert VAT Consultants, you can apply for mandatory deregistration before the deadline and avoid the penalty.
Voluntary VAT Deregistration:
Two criteria form the basis of the Voluntary VAT Deregistration process.
Annual Turnover for the previous 12 months is below AED 375,000. Compulsory VAT Deregistration is followed when the yearly Turnover of the same period goes below AED 187,500.
After 12 months of the registration date of the voluntary VAT registration process, you can apply for voluntary VAT Deregistration anytime.
Please note that there’s no time limit for Voluntary VAT deregistration. It is advisable to contact the VAT experts with the requisite knowledge and experience. They will assist you with a successful voluntary VAT Deregistration process.
Get in touch with us and analyse your business -know if it is eligible for VAT Deregistration.
Get in Touch with Us For a Successful VAT Deregistering Process
VAT Deregistration Process
We at UAE VAT Consultancy are expert VAT Consultants who assist you with the correct process for filing for VAT Deregistration. We focus on ensuring that your business fulfills the criteria for VAT Deregistration. The FTA is likely to reject your application if your business is not eligible for the VAT deregistration.
One of the primary criteria for applying for VAT Deregistration is the annual Turnover being less than the mandatory turnover threshold. If the yearly taxable turnover amount has been miscalculated, then your application for VAT Deregistration will be outrightly rejected.
The worse part being you might also need to pay a huge penalty. To avoid such scenarios and be VAT compliant and apply for VAT Deregistration, you will need the help of VAT experts.
Visit the official FTA Website and log in to your VAT account.
Visit the official FTA Website and log in to your VAT account.
Click on the VAT deregistration form. Fill in the required details and mentioning the grounds on which you are applying for the deregistration process.
Click on the VAT deregistration form. Fill in the required details and mentioning the grounds on which you are applying for the deregistration process.
Click on the submit button. Your activity will be verified with a message sent to your registered mobile number.
Click on the submit button. Your activity will be verified with a message sent to your registered mobile number.
After the verification process, the FTA receives your application. The department will thoroughly scrutinise the application and evaluate why you have submitted for the VAT Deregistration process. They will check all the facts and records and will also verify if there are any unpaid penalties.
After the verification process, the FTA receives your application. The department will thoroughly scrutinise the application and evaluate why you have submitted for the VAT Deregistration process. They will check all the facts and records and will also verify if there are any unpaid penalties.
Step : 1
Step : 2
Step : 3
Step : 4
It is noteworthy that FTA will validate the VAT Deregistration only when they find the reasons to be appropriate. It is also mandatory to pay the outstanding tax and ensure the VAT Returns have been filed before the VAT deregistering process is initiated.
Visit the official FTA Website and log in to your VAT account.
Step : 1
Click on the VAT deregistration form. Fill in the required details and mentioning the grounds on which you are applying for the deregistration process.
Step : 2
Click on the submit button. Your activity will be verified with a message sent to your registered mobile number.
Step : 3
After the verification process, the FTA receives your application. The department will thoroughly scrutinise the application and evaluate why you have submitted for the VAT Deregistration process. They will check all the facts and records and will also verify if there are any unpaid penalties.
Step : 4
It is noteworthy that FTA will validate the VAT Deregistration only when they find the reasons to be appropriate. It is also mandatory to pay the outstanding tax and ensure the VAT Returns have been filed before the VAT deregistering process is initiated.
Are you Eligible for the VAT Deregistration for Groups? Find out Now!
VAT Deregistration for Groups
The rules and regulations for VAT Deregistration are similar for groups and individuals, but the case scenarios might differ. If a tax group needs to file for VAT Deregistration, it must have the following reasons and follow the VAT laws.
The registered business no longer meets the requirements to be considered as a group.
The registered business venture has no financial relations with the group anymore.
FTA can trigger the VAT deregistration process if it finds that tax evasion might arise out of VAT Registration.
The VAT Deregistration can prove to be a time-consuming and lengthy process. To avoid penalties and any other financial loss, rely on UAE VAT Consultancy professional virtual services. We guide you at every step, simplifying the VAT deregistration process for you. Outsourcing the complex VAT Deregistration for Groups to experts will enable you to focus on business growth.
We offer complete VAT-related services -Vat Deregistration, VAT Registration, VAT Filing, VAT Consultancy, and VAT Training services. We have worked with several businesses and provided professional virtual assistance. We also provide regular accounting services and return filing for organizations across different industry verticals. With a customer-centric approach, we focus on delivering high value to our clients.
Contact us for all the VAT-Related Services. Get Professional VAT Help now!
Our Strength
UAE VAT Consultancy has a dedicated team of VAT consultants. We offer professional VAT Consultancy services in UAE and provide 24x7 services. If you are looking forward to getting expert assistance for the VAT Deregistration services, you can rely on us for VAT professional assistance. Don’t stress over chasing deadlines as our experts will take care of the VAT Deregistration process enabling you to focus on mission-critical tasks.