Farley And Partners

Can a VAT Registrant De-Register FOR VAT?

YES. A business that has been registered for 2 years and whose taxable turnover was below D500000 for the previous 12 months can apply for de-registration. However, the registrant is required to have filed regularly within this two-year period. Also, the Commissioner General can cancel a taxpayer’s registration if satisfied that they did not meet their reporting obligations.

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