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Dubai Deregistration Services
VAT Deregistration Services in dubai
Get your VAT deregistration services in dubai in Quickest and Most Affordable way with Capital Plus Auditing, even if you have tried yourself already and failed!
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about
About Our Service
CPA, one of the best VAT companies in Dubai, has the required experience to help you to optimize your tax position. VAT registration and deregistration, VAT consultancy, VAT training, control, compliance, and return filing services in Dubai affordably and effortlessly.
VAT Services
Our VAT Services
- 1. VAT consultancy Service
- 2. VAT registration Service
- 3. VAT deregistration Service
- 4. VAT compliance and control
- 5. VAT return filings
- 6. VAT refund
- 7. VAT training and payment
- 8. And much more related to finance, accounts, auditing, and assurance.
Importance
Importance of VAT Deregistration Consultancy in Dubai
VAT deregistration is just as crucial as VAT registration in Dubai. Dubai has specific scenarios that decide whether you must pay VAT (Value Added Tax). You must register with the Free Trade Agreement FTA upon fulfilling these scenarios.
When a registered company, known as a registrant, no longer fulfils the requirements for VAT to be applied. They must deregister themselves. You have to complete VAT deregistration in a given time. Otherwise, you may be penalized by authorities as a punishment.
Prevent yourself or your business from a penalty by higher authorities. You need to hire VAT deregistration services in Dubai.
Requirements
Requirements
There are different requirements for VAT deregistration in UAE. They are known as mandatory and voluntary.
Both of these have different requirements for deregistering yourself.
For Mandatory VAT Deregistration
A company can go forward with a mandatory deregistration procedure if:
- If the company no longer makes revenue of AED 375,000.
- If the company doesn't work on any taxable goods.
For Voluntary VAT Deregistration
Your company can go forward with the voluntary deregistration procedure if the following:
- It has been completed 12 months after the date of Tax Registration.
- It no longer supplies taxable goods.
- Its annual turnover is below AED 187,500, even after supplying taxable goods.
- Its total value of the anticipated taxable supplies or expenses subject to tax in the coming 30-day period will not exceed the voluntary registration threshold.
- The company is closed forever.
VAT services in Dubai
Request for VAT Deregistration
You can make requests in Dubai electronically. There are steps to follow to submit your request after confirmation of your eligibility criteria. These steps are as follows:
Fulfill all the requirements to deregistration of vat in Dubai uae.
Log in to the VAT Account on FTA Portal.
Fill out all the needs to deregister for VAT in Dubai.
Log the VAT deregistration form along with the details and reasons for the VAT deregistration.
Receive confirmation text on the registered number for submission.
Click on SUBMIT button to put forward your request.
Who We Are?
1. A team of professionals and experts with 7+ years of experience in diverse industries.
2. Certified forensic auditors will assist you with your business issues.
3. Goal-driven auditors are keen to provide 100% accurate results.
4. Affordable for all businesses, whether it’s voluntary or mandatory.
5. Accepted and certified deregistration procedure for your business VAT.
6. We provide flawless documents and keep them transparent throughout the process.
Why Choose Us?
VAT deregistration Services In Dubai is more complex than approaching the FTA and revealing to them that you are no longer eligible for VAT. This complexity can make it difficult for businesses to cancel their VAT registration. A piece of advice to engage with a reputable auditing and tax consultancy firm will help you in this case.
We Capital Plus Auditing are an experienced and reliable accounting and tax consultancy agency with plenty of experience with VAT-related matters. We will guide you through the entire process and ensure that your VAT deregistration is carried out correctly. You can visit our office or make a call to learn more about our services.
registration for VAT
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Q & A
Frequently Asked Questions About Value Added TAX
Is VAT applicable for services in Dubai?
VAT was established in the UAE on 1 January 2018. The general VAT rate is 5% and is implemented on most goods and services. Some goods and services are subject to a 0% rate or excluded from VAT.
Which services are VAT-exempt?
VAT exemptions for goods and services are as follows;
1. Sporting activities and physical Education.
2. Education and training.
3. Some medical treatments.
4. Financial services, insurance, and investments.
Do I pay VAT on services?
Value-added tax (VAT) will be charged if: the business is disclosed for VAT. The client’s supply of effective legal services is subject to VAT and not exempt from VAT or zero-rated.
Can I deregister for VAT and then re-register?
A person can register voluntarily at any time after canceling as long as they have an entitlement to be registered.
