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Blog posts : "vat deregistration"

New rules amending tax penalties for VAT and excise tax issued

On 28 April 2021, the United Arab Emirates (UAE) Cabinet gave Decision No. 49 of 2021, which changes the standards concerning regulatory punishments for charge infringement for VAT Amendment and extract charge purposes. The corrections are compelling as of 28 June 2021 and incorporate changes to…

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VAT Fines and Penalties in UAE

The FTA (Federal Tax Authority) forces the VAT fines and punishments in the UAE. All organizations in the UAE should follow the principles and guidelines of the FTA to keep away from weighty punishments and VAT fines. All the authoritative VAT fines and punishments for abusing VAT laws are for…

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All You Need to Know About VAT De-registration in UAE

Tax De-registration is the arrangement for an enlisted available business or element to drop the VAT registration. It infers the de-activation of the registration just as the VAT number of the available element. There are two conditions under which a business can apply for VAT de-registration i…

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How to deregister for VAT?

The need to drop a VAT Registration can occur toward the finish of the lifecycle of a business. VAT Deregistration in the UAE is supported by the Federal Tax Authority provided that the end reasons are substantial, and every one of the conditions for deregistration legally necessary is satisf…

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