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50% fee cut to encourage 34m SMEs to formalise – Lady Azinge Private

8 months ago Services Ikeja   437 views

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Location: Ikeja
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TheActing Registrar General of the Corporate Affairs Commission (CAC), Lady AzukaAzinge, has said that the Federal Government reviewed the fee for businessregistration downward by 50 per cent to encourage Small and Medium Enterprises(SMEs) to formalise their businesses. Shesaid this when the management of Daily Trust Newspaper visited her in the CACheadquarters in Abuja yesterday. Representedby the Commission’s Director of Registry, Mr Abdul Hakeem Mohammed, Lady Azinge said the National Bureau ofStatistics (NBS) estimated that about 34 million SMEs operate in the informalsector of the economy and the fee reduction was targeted at enrolling them intothe formal sector of the economy.  Read more: https://innerkonsult.com/50-fee-cut-to-encourage-34m-smes-to-formalise-lady-azinge/

contact Inner Konsult for Professional services on Tax, accountancy and CACservices . O8038460036 , www.innerkonsult.com