The registrant shall submit an application for cancellation of tax registration in accordance with the cases set forth in the Decree-Law, within (20) working days as of the date of occurrence of any of them.

The Authority shall approve the application for cancellation of tax registration submitted by the registrant when the two following conditions are met:

1. The registrant ceases to make supplies referred to in Article 19 of the Decree-Law and does not expect to make any such supplies during the next (12) twelve months.

2. The value of supplies referred to in Article 19 of the Decree-Law made by the registrant, or the taxable expenses incurred thereby, during the preceding twelve months is less than the Voluntary Registration Threshold and the Authority believes that the value of supplies of such registrant, in accordance with the provisions of the Decree-Law, or the taxable expenses expected during the next (30) days, is not expected to exceed the Voluntary Registration Threshold.

If the application for cancellation of tax registration is approved, the Authority shall cancel the tax registration of the registrant as of the last day of the tax period during which the registrant has met the conditions for cancellation of tax registration or from such other date as may be determined by the Authority.

If the Authority finds that the conditions set forth in Clause (2) of this Article are met, and the registrant does not apply for cancellation of tax registration or submits an application and omits to complete its procedures, the Authority shall cancel the tax registration of the registrant from the last day of the tax period during which the Authority finds that the cancellation conditions have been met or from any other date as may be determined by the Authority.

If the registrant applies for cancellation of tax registration due to the reduction of his taxable supplies to less than the Mandatory Registration Threshold, the Authority shall cancel the tax registration, if it approves the application, with effect from:

1. The date specified by the registrant in the application;

2. The submission date of the application if the registrant does not specify the date of cancellation of tax registration in his application; or

3. Any other date as may be determined by the Authority.

If the Authority cancels the tax registration of the registrant, it shall notify the registrant of the effective date of cancellation of tax registration within (10) working days as of the issuance of the cancellation decision.

If the registrant applies for cancellation of tax registration, it shall pay the total due taxes and administrative fines and shall further submit the final tax return required to be submitted under the Decree-Law and the [Tax Procedures Law] ^[G12].

Any goods and services that constitute part of the registrant's business assets shall be considered as supplied by the registrant immediately prior to the cancellation of its tax registration. The tax due on these supplies shall be reported in the final tax return, except in cases where the business is managed by a legal representative as outlined in the [Tax Procedures Law] ^[G13].

[The cancellation of tax registration does not exempt the person from compliance with the Decree-Law and this Resolution, including the requirement to submit a new tax registration application upon meeting the requirements for tax registration.] ^[G14]