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In this Video, we will discuss about, what is VAT De-registration, what are the circumstances where it's mandatory, When should do de-registration and how to apply for de-registration. Tax De-registration means de-activation of the registration and the VAT number of the taxable person, from Federal Tax Authority. Tax de-registration can be applied by a person registered under VAT or it can be done by the FTA on finding that a person meets the conditions for de-registration. Like VAT registration, De-registration also classified in to two: Mandatory De-registration, and Voluntary De-registration If the date of submission of this de-registration form is more than 20 business days from the date the Taxable Person is required to de-register then you will be subject to a late de-registration penalty of AED 10,000. Time Stamps 00:00 Introduction on VAT De-registration 0:54 What is vat deregistration? 1:04 VAT registration thresholds 1:56 VAT De-registration classifications 2:10 Mandatory deregistration, first circumstance 2:36 Mandatory de-registration, second circumstance 3:09 Voluntary De-registration 3:27 VAT De-registration Penalty 3:44 How to apply for VAT de-registration 5:39 Final VAT Return 6:10 Example for Final VAT Return Related Links: Our Website : https://haabaccounting.com/ Blogs : https://haabaccounting.com/accounting... Facebook Page : / haabaccounting Instagram Page : / haabaccount. . Pinterest Page : / haabaccounting #vatinuae #haabaccounting Contact us for free Consultation for VAT consultation Call or WhatsApp : 00971 50 176 8847 Get a Quote : https://haabaccounting.com/free-consu... For Online Booking : https://haabaccounting.com/appointments/