Corporate Tax Deregistration
The tax team at Gupta Accountants is committed to providing expert guidance to clients navigating the tax de-registration process. Understanding the complexities of federal decree-law no. 47 of 2022, which governs the taxation of corporations and businesses, our team ensures that clients are well-informed about the necessary steps and timelines involved in the de-registration process. We prioritize clear communication and personalized support, helping clients to meet compliance requirements while minimizing potential disruptions to their business operations. With our extensive knowledge and experience, Gupta Accountants is here to facilitate a smooth transition through tax deregistration, allowing clients to focus on their core business activities without the added stress of tax-related concerns. Trust us to be your reliable partner in this important phase of your business journey.
When to move for the DeRegistration
A tax deregistration application must be submitted by any individual or entity with a tax registration number to the relevant authority upon the cessation of business activities, whether through dissolution, liquidation, or other means. This application must adhere to the specific format, process, and timelines set forth by the authority. It is important to note that a taxable person will not be eligible for deregistration until all corporate taxes and administrative fines have been settled, and all necessary tax returns have been filed as mandated by the decree-law, including the final tax return covering the period up to the date of business cessation. Once the tax deregistration application is approved, the authority will officially deregister the individual or entity for corporate tax purposes, marking the conclusion of their tax obligations.
Gupta Accountants
Tel +971 4 396 7982 +971 55 989 3299 Email info@guptaaccountants.com www.guptaaccountants.com
Head Office : Unit No. 03 ABA Building, Al Musalla Road, Sharaf DG Metro, Bur Dubai PO Box 123 383 Dubai - UAE