Fine to be Charged by Etisalat on Bill Payment Defaulters
- UAE telecom firm Etisalat will charge subscribers AED 25 if they don’t pay their bills on time
- The late payment charges will be applicable to landline and mobile services, the company said in a statement to its customers
- Etisalat, along with UAE’s other telecom company du, also announced that they will charge 5% VAT on the services and products they offer to UAE consumers from 2018
- Etisalat urged all its business customers who are entitled to recover their input VAT must officially submit their VAT registration details latest by 21st December 2017
- Etisalat is one of the two national telecommunications operators in UAE, and the 14th largest mobile network operator in the world
- Etisalat is the largest carrier of international voice traffic in the Middle East and Africa and the 12th largest voice carrier in the world
- The UAE will impose 5% VAT from 07:00 AM on 1st January 2018
- VAT will be implemented across all GCC countries by 1st January 2019
- The impact of the introduction of VAT on annual inflation in UAE is expected to be only a fraction of the rate of 5%, according to the International Monetary Fund
