As per Article 21 of the UAE Decree-Law read with Article 14 of Executive Regulation, Registrant of VAT with Federal Tax Authority (FTA) can apply for VAT De-registration if any of below conditions are met :
1- If registrant of VAT stops making Taxable Supplies & does not expect to make any such supplies over the next 12 month period;
2- If VAT registrant total value of taxable supplies or expenses incurred have not exceeded the voluntarily_registration_threshold i.e AED 187,500 in the next 12 months after registration & they expect will not exceed AED 187,500 during the next 30 day period.
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