Compliant VAT De-registration: Close the Loop Safely

Whether your business is closing or your turnover has changed, Accura Consultancy manages the final FTA filing and de-registration process to protect you from late-exit penalties.

Avoiding the 10,000 AED Exit Trap

 

Many businesses fail to realize that VAT de-registration must be applied for within 20 business days of becoming eligible. Missing this window results in a mandatory 10,000 AED fine. Accura Consultancy ensures your final tax period is reconciled, all outstanding liabilities are settled, and your application is submitted with the correct “Reason for De-registration” to ensure a smooth approval from the FTA.

Common Scenarios for De-registration
Business Closure

If you have ceased making taxable supplies due to trade cessation.

Turnover Drop
If your taxable supplies in the last 12 months fell below the voluntary threshold (187,500 AED)
Legal Change
If the legal entity has changed (e.g., Sole Prop to LLC) and a new TRN is required.