Home / Tolley's EU and Global VAT / 13 Finland / VAT deregistration
Commentary

VAT deregistration

13 Finland
13 Finland | Commentary

VAT deregistration

13 Finland | Commentary

VAT deregistration

There are a number of reasons why a business may wish or be required to cancel its VAT registration. The main reasons for doing so are as follows:

  1.  

    •     Turnover falls below the VAT deregistration threshold (see 13.1).

  2.  

    A business in this situation can choose whether to continue with its VAT registration or cancel its VAT number.

  3.  

    •     Transfer of a going concern.

  4.  

    Where the whole of a business is transferred as a going concern to a new owner, the buyer can:

  5.  
    1.  

      –     apply for a new VAT registration number; or

    2.  

      –     apply

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial