VAT Deregistration in the UAE

Vat deregistration in the UAE 

VAT Deregistration in the UAE

1.    Conditions for VAT Deregistration

  • Taxpayer ceases making taxable supplies and does not expect to make supplies in the next 12 months
  • Taxable turnover over the last 12 months is less than AED 187,500 and does not expect to exceed this in the next 30 days

*Voluntary deregistration may be made if taxable turnover exceeds AED 187,500 but is less than AED 375,000.

2.    How to deregister for VAT?

  • Taxpayers must submit the VAT deregistration within 20 business days from occurrence of the event that requires you to deregister.

a)    Submit deregistration in the EmaraTax portal

b)   File the final VAT return to the FTA

c)    Settle all outstanding liabilities or submit refund application

3.    Other Considerations

  • Late deregistration may result to penalty of AED 1,000 and monthly thereafter, up to AED 10,000
  • Goods or services forming part of the business may be treated as a deemed supply and shall be reported in the final VAT return
  • Taxpayers shall continue to file the VAT returns until the deregistration is approved and final VAT return is generated

How can Crowe help?

  • Support in analyzing whether the taxpayer is eligible for VAT de-registration
  • Support in the submission of the VAT deregistration form and final VAT return

Contact Us

Markus Susilo
Markus Susilo
Partner- Payroll and Indirect Tax
Michel Ruitenberg
  Partner DIFC - Indirect Taxes