Simplified VAT Deregistration Process in Ras Al Khaimah

We facilitate online deregistration of companies, institutions and entities registered as taxable person under value added tax with the Federal Tax Authority in Ras Al Khaimah

Turnover limits for Deregistration: 
​A business must deregister online at FTA portal under UAE VAT if their taxable supplies for the last 12 month is less than AED 187,500.
Furthermore, a business may choose to deregister for VAT voluntarily if their taxable supplies  for the last 12 month is less than AED 375,000.

A Registrant shall apply to the Federal Tax Authority online for Tax De-registration in any of the following cases:

•    1.   If he stops making Taxable Supplies.
•    2.  If the value of the Taxable Supplies made over a period of (12) consecutive months is less than the Voluntary Registration Threshold and said Registrant does not         meet the condition stipulated in Clause (2) of Article (17) of UAE VAT Law.  

who should also deregister:
If the company opts for liquidation or cancellation of the license then respective companies based in or having license from following authorities should go for the deregistration under UAE VAT to complete the process of the company closure.  

RAK  companies
RAKEZ ​- Ras Al Khaimah Economic Zone​

Ras Al Khaimah VAT Compliance Experts | Gupta Accountants

The Gupta Accountants team of professionally vat consultants offers best assistance on the vat registration, vat filings, vat refund, vat audit, vat consulting, vat deregistration , vat voluntary disclosure and all other stages of compliance under value added tax in Ras Al Khaimah.