Excise Tax Deregistration
Simplify Excise Tax Deregistration with Stratify. We handle the process, ensuring compliance with FTA regulations and minimizing potential penalties.
Excise Tax Deregistration with Stratify
Excise tax deregistration in the UAE refers to the process by which a business cancels its excise tax registration with the Federal Tax Authority (FTA). This is applicable when a business no longer engages in activities that require excise tax collection and reporting, such as the production or import of excise goods (e.g., tobacco, energy drinks, sweetened beverages). Once deregistered, the business is no longer liable for excise tax obligations
Process of Excise Tax Deregistration
The excise tax deregistration process involves the following steps
Submit Deregistration Request
Log in to your FTA portal account and navigate to the excise tax section. Submit a formal deregistration request along with the required documents.
Review by the FTA
The Federal Tax Authority will review your request, assess the provided documents, and ensure that there are no pending excise tax liabilities or filings.
Clear Outstanding Obligations
Any outstanding excise tax returns or unpaid dues must be cleared before deregistration can be processed. This includes ensuring that all excise tax returns have been filed up to the point of ceasing taxable activity.
Approval and Confirmation
Once the FTA is satisfied with the request, they will approve the deregistration, and you will receive a formal confirmation.
Final Account Closure
After approval, your excise tax account will be closed, and you will no longer be required to submit excise tax returns or reports.
Documents Required
To complete the excise tax deregistration process, the following documents are typically required
Excise Tax Registration Number (TRN)
The unique tax identification number assigned during initial registration.
Proof of Ceased Activity
Evidence demonstrating that the business no longer engages in excise-taxable activities, such as sale closure documents or proof of ceased manufacturing/import.
Business License
A copy of the updated business license showing any relevant changes.
Final Tax Return
The last filed excise tax return that settles any outstanding liabilities.
Bank Account Details
In case of any remaining tax refunds or liabilities that need to be cleared.
Other Supporting Documents
Any other documents requested by the FTA as part of the review process.
How We Can Help You
At Stratify, we offer comprehensive assistance throughout the UAE excise tax deregistration process. Our team of experts will:
Evaluate Your Eligibility
Ensure that your business meets the criteria for excise tax deregistration.
Document Preparation
Help you gather and prepare all the necessary documents required for submission to the FTA
Liaison with the FTA
We will handle communication with the FTA, follow up on the progress of your application, and ensure any issues are promptly addressed.
Final Tax Return Filing
Ensure that all outstanding excise tax returns are accurately filed and any dues are settled.
Post-Deregistration Support
Provide guidance on post-deregistration tax compliance, ensuring your business stays compliant with UAE tax laws.
Start your Business Today
Start your Business Today
Our Other Excise Tax Services
Our Services
Stratify Corporate services is an independent and international organisation with a specialization in crafting sustainable solutions and strategies
Value Added Tax
Ensure full compliance with UAE’s Value Added Tax regulations through tailored advisory, registration, filing, and VAT health check services.
Read More
Corporate Tax
Navigate UAE’s corporate tax landscape with strategic tax planning, filing, and compliance support to optimize your tax position.
Read More
Excise Tax
We assist businesses in understanding and complying with excise tax regulations, including registration, filing, and audit preparation.
Read More
Accounting Outsourcing
Streamline your financial operations by outsourcing your accounting needs, from bookkeeping to financial reporting, for efficient management.
Read More
Customs
Simplify import-export procedures and ensure compliance with UAE Customs regulations through advisory, registration, and customs reconciliation services.
Read More
Company Formation
Start your business in the UAE with expert guidance on company incorporation, licensing, and compliance with local regulations.
Read More
Audit & Assurance
Our audit and assurance services provide reliable financial insights, ensuring transparency and compliance with regulatory requirements.
Read More
Economic Substance
Anti-Money Laundering
Protect your business by staying compliant with UAE’s AML regulations, with risk assessments, monitoring, and reporting solutions.
Read More
Frequently Asked Questions
When should a business apply for excise tax deregistration?
A business should apply for excise tax deregistration when it no longer produces, imports, or trades excise goods in the UAE.
Can I deregister if I have outstanding tax liabilities?
No, all outstanding excise tax returns and liabilities must be cleared before the FTA approves your deregistration request.
How long does the excise tax deregistration process take?
The process may take several weeks, depending on the FTA’s review and any additional documentation required.
What happens if I fail to deregister on time?
Failure to deregister promptly may result in penalties imposed by the FTA for non-compliance.
Can I re-register for excise tax if needed in the future?
Yes, businesses can re-register for excise tax if they resume excise-related activities.
Latest News
Conclusion
With Stratify’s expert guidance, we’ll ensure a smooth and hassle-free excise tax deregistration process, allowing you to focus on your core business operations. Contact us today to get started!
