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đźš©Corporate Tax Filing – Sep 2025 deadline | đźš©AED 10,000 penalty | Corporate Tax Payment – same as filing date | Late payment penalties daily | VAT Filing – Quarterly/Monthly | AED 1,000 first penalty | VAT Payment – Same day as filing | 2% immediate penalty | Audit Report Due – Within 6 months of year-end | Non-compliance fines | License Renewal – Before expiry | Trade license blocked | Economic Substance Report – Jun 2025 | AED 50,000 penalty | UBO Declaration – Annually | AED 100,000 penalty   |  

VAT Deregistration Services UAE

IQFA

VAT Deregistration Services UAE

Legally Close Your VAT Account

If your business is winding down, below VAT thresholds, or no longer making taxable supplies, it's mandatory to deregister your VAT with the Federal Tax Authority (FTA) within 20 business days to avoid penalties.

At IQFA Chartered Accountants, a trusted VAT consultant in Dubai, we provide complete assistance for VAT deregistration in UAE, ensuring full FTA compliance.

What Is VAT Deregistration?

VAT deregistration is the official cancellation of your VAT registration when your business is no longer eligible. Late applications may result in FTA fines: AED 1,000 (initial), AED 2,000 (repeat offenses).

When Should You Deregister?

  • Turnover falls below AED 187,500
  • Business closed or ceased trading
  • No longer making taxable supplies
  • Sold/transferred business ownership
  • Voluntarily registered but now ineligible
  • Left a VAT group

Our Services Include:

  • Eligibility assessment & document preparation
  • Submission via FTA portal
  • Final VAT return filing & outstanding settlement
  • Deregistration certificate follow-up

Required Documents:

Trade license closure, VAT returns, proof of supply cessation, bank records, Emirates ID. We serve Dubai, Abu Dhabi, Sharjah, all Free Zones (DMCC, DIFC, JAFZA, DSO, etc.).

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