A registered individual may request that the tax authority discontinue the registration of excise tax if he is no longer liable for excise tax as provided for in the law. This is deregistration.
When the taxable individual ends taxable practices such as importing, manufacturing or stockpiling excise products in the UAE. The taxable person may de-register via the online portal by filling in the De-Register application form. He should determine the date from which to de-register the Taxable individual.
Deregistration shall occur within 30 days of the date a registered individual ceases to make taxable supplies.
According to the rules of the statute, the authority shall respond to the request for deregistration within 20 business days of receiving the letter.
To conclude the deregistration, the claimant must pay all tax payments in compliance with the statute, along with the tax returns. The claimant shall also be responsible for the amount of all civil fines payable at the time of deregistration.