ICB
Home
Company
Services
Blogs
ICB

VAT Deregistration in UAE

VAT deregistration is a crucial process for businesses in the UAE that no longer meet the requirements for VAT registration or are ceasing operations. Understanding the procedures and requirements for VAT deregistration ensures compliance with the UAE's tax regulations and avoids unnecessary penalties. At ICB Tax Consultancy, we offer comprehensive VAT deregistration services in Dubai and across the UAE to help your business smoothly transition out of the VAT system.

logo
pattern

What is VAT Deregistration ?

VAT deregistration is when a business cancels its VAT registration with the Federal Tax Authority (FTA). Businesses may need to deregister for VAT under the following circumstances:

  • The business ceases to make taxable supplies.
  • The business’s annual taxable turnover falls below the mandatory registration threshold of AED 375,000.
  • The business stops trading or closes.

VAT Deregistration Services in UAE

At ICB Tax Consultancy, we provide expert VAT deregistration services in the UAE, ensuring a hassle-free process. Our services include:

01

Eligibility Assessment

We evaluate your business's eligibility for VAT deregistration, ensuring you meet all the criteria set by the FTA.

02

Documentation Preparation

Our team assists in preparing all necessary documentation required for the deregistration process.

03

Application Submission

We handle the submission of your VAT deregistration application to the FTA, ensuring all details are correctly filled out.

04

FTA Correspondence

We manage all communications with the FTA on your behalf, addressing any queries or additional information requests.

05

Final VAT Return

Assistance with filing your final VAT return to close out your VAT account.

06

Advisory Services

Post-deregistration advisory to ensure your business remains compliant with other regulatory requirements.

VAT Deregistration Process

Initial Consultation

We begin with a consultation to understand your business's VAT status and the reasons for deregistration.

Review and Assessment

Our experts review your financial records and assess whether your business qualifies for VAT deregistration.

Preparation of Documents

We compile and prepare all necessary documents required for the VAT deregistration application.

Submission to FTA

The completed application is submitted to the FTA for approval.

Final VAT Return

We assist in filing the final VAT return and ensure all outstanding VAT obligations are settled.

Follow-up:

Continuous follow-up with the FTA until the deregistration is confirmed.

Why Choose ICB Tax Consultancy?

Expertise

Our team of tax professionals has extensive knowledge and experience in UAE VAT laws and regulations.

Comprehensive Service

We provide end-to-end services, from initial consultation to final deregistration.

Personalized Approach

We tailor our services to meet the unique needs of your business, ensuring a smooth and efficient deregistration process.

Compliance Assurance

We ensure your business complies with all FTA requirements, avoiding penalties and fines.

icb-logo
Expert Tax Consultants in UAE

For more information about our VAT deregistration services in Dubai and the UAE, contact ICB Tax Consultancy today.

Our team is ready to assist you with all your VAT deregistration needs, ensuring a seamless and compliant process.