VAT De Registration Service

What is VAT De Registration? When VAT registered company can apply for VAT De-Registration?

Cancellation of VAT Registration or Tax Registration Number (TRN) is called VAT De Registration.
VAT registered company must apply for VAT De-Registration within 20 business days from the following event (if occurs):

• Company stops making taxable supplies; or
• The company still making taxable supplies but taxable turnover in last 12 calendar months is less than AED 187,500.
• VAT registered company may apply for VAT De-Registration if;
• The company still making taxable supplies but taxable turnover in last 12 calendar months is less than AED 375,000.
• If company registered on voluntary basis and 12 months have been completed from the date of registration.

So, all you a bit confusing? Give us a call for this and we will get all things done for you.