VAT DE-REGISTRATION

The Registrant who want to apply for VAT De-registration should follow the below conditions :

    1. If he stops making Taxable Supplies.
    2. If the value of the Taxable Supplies which are made over a period of 12 months is less than the voluntary VAT Registration threshold and said Registrant does not expect that they’ll cross the voluntary registration threshold during the coming 30-days.

 

Taxpayers can apply for voluntary de-registration when taxable supplies fall below the mandatory threshold of AED 375,000 but above AED 187,500. The Registrant must apply to the De-Registration process within 20 business days of the happening of any of the  above conditions.

 

FOR MORE INFORMATION, CONTACT US :

Phone : +971 52 1952 532 / +971 4 240 1110

Mail-Id : info@yugaaccounting.com

Website : www.yugaaccounting.com