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VAT GIBAN payment

What is GIBAN and how does it make paying VAT and Excise Tax easier?

In a step to facilitate paying due tax, the FTA is introducing a new method of paying due tax as follows:

  • A GIBAN is a unique IBAN number that is given to every taxable person
  • A taxable person can make a fund transfer from certain UAE financial institutions using the GIBAN provided by the FTA
  • This payment method can be used for settling any outstanding VAT and Excise Tax amounts payable, including tax and penalties
  • This option should not be used for other payments such as Miscellaneous Payments

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