VAT De-Registration
In the UAE, VAT deregistration allows a taxable person or business to cancel their VAT registration and suspend their Tax Registration Number (TRN). FTA VAT Deregistration is done online. Only businesses and individuals registered with the Federal Tax Authority (FTA) are eligible to deregister from VAT.
Who must de-register for UAE VAT?
- A VAT-registered business or individual can only apply for VAT deregistration in the following circumstances:
- If a company or individual ceases to make taxable supplies and does not expect to make any taxable supplies in the next 12 months, they must apply for VAT deregistration.
- If a company or individual continues to make taxable supplies but the value in the previous 12 calendar months is less than the Voluntary Registration Threshold (AED 187,500), they must apply for VAT Deregistration.
- If the business or individual is still making taxable supplies but the value in the previous 12 months was less than the Mandatory Registration Threshold (AED 375,000) and 12 months have passed since the date of registration, you are exempt from registration.