⚠️ FTA announces corporate tax deadline & AED 10,000 penalty for late registration
VAT DE-REGISTRATION CONSULTANCY
FOR BUSINESSES HALTING TAXABLE SUPPLIES OR LIQUIDATION
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WHY SHOULD YOU DE-REGISTER IN VAT
As per Article 21 of the VAT law, a business must deregister from VAT in the following two cases: 1) If the business stops providing taxable supplies, or, in other words, stops doing business, 2) If the turnover of the business in the preceding 12 months was less than AED 187,500.
The de-registration must be applied within 20 business days of occurence of either scenario mentioned above.
Contact Us
Pro Financials offers businesses comprehensive VAT consulting services to assist them in maneuvering through the intricacies of VAT compliance. Our experienced consultants offer guidance on VAT registration, VAT de-registration, compliance assessments, VAT return submission, VAT refunds, and customized VAT advisory services tailored to your specific needs.
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Shams Business Center - Sharjah - Sharjah - UAE
