Just as important as registering for VAT is knowing when and how to de-register. If your business ceases to make taxable supplies or if your turnover falls below the voluntary registration threshold, you may be required or eligible to de-register for VAT. Hidaya Consultants provides expert guidance and end-to-end management of the VAT de-registration process, ensuring you remain compliant with all FTA regulations and avoid unnecessary administrative burdens.
Our team handles the entire de-registration application, from assessing your eligibility to submitting the final forms and settling any outstanding liabilities with the FTA. We ensure all legal requirements are met, including filing the final VAT return and clearing all dues. Our professional approach prevents potential penalties and ensures a smooth and conclusive exit from the VAT system, allowing you to close a chapter of your business with confidence and clarity.
Our systematic approach ensures that your VAT de-registration is handled professionally, meeting all legal requirements and deadlines:
You must apply for VAT de-registration if your business stops making taxable supplies (e.g., closure of business). You may also apply if your turnover in the last 12 months falls below the voluntary registration threshold of AED 187,500.
Yes, if you are mandatorily required to de-register, you must submit the application to the FTA within 20 business days of the event that requires you to do so. Failure to comply can result in administrative penalties.
The FTA will review your application and financial status. You will need to file a final VAT return and settle any outstanding taxes and penalties. Once all obligations are met, the FTA will approve the de-registration and your TRN will be deactivated.