How to Deregister for VAT in UAE (Step by Step)
Registering is hard. Deregistering is harder. If you stop trading, the FTA expects you to tell them immediately.
When to Deregister
- Business Closure: You cancelled your Trade License.
- Revenue Drop: Your taxable supplies for the LAST 12 months are below AED 187,500.
The 20-Day Rule
You must submit the application within 20 business days of the event. Fine for late submission: AED 10,000.
The Process
- Log in to EmaraTax.
- Select "VAT Deregistration."
- Upload the Liquidator Letter or Audited Financials proving low revenue.
Calculate First
Before you click submit, ensure you really are below the threshold. Use TaxMate UAE to audit your last 12 months. If you are AED 1 over, and you deregister, the fines are massive.