Habib Bank AG Zurich Declaration for treating banking services as
“Zero-rated Supply” for UAE VAT purposes
     

Dear Valued Customers,

In line with VAT Public Clarification published by the Federal Tax Authority of the UAE, banking services offered to a non-resident client are treated as a zero-rated supply (0% VAT), subject to submission of the "Zero Rated Supply Declaration Form" which confirms the residency status.

You are kindly requested to complete the "Zero Rated Supply Declaration Form" available under the link below by 31st October 2020 in order to avoid VAT being charged on our services offered to you.

Please email the scanned copy of the completed form at csd@habibbank.com

Please feel free to get in touch with us on the above email address in case of any query and assistance.

Habib Bank AG Zurich
United Arab Emirates