Why is IPA charging extra K1,000 fee?

Letters

WHY is the Investment Promotion Authority charging extra K1,000 penalty fees on every outstanding annual return lodgements for companies?
Can the Government look into this and do something about it?
The Government is talking about promoting and growing the small to medium enterprises (SME) in the country but how can we achieve this if the government agencies such as the Investment Promotion Authority is charging extra penalty fees and making it difficult for SMEs to comply with requirements?
Can the Investment Promotion Authority relax the penalty fees for annual return lodgements and encourage SMEs to grow?

Concerned SME Owner

One thought on “Why is IPA charging extra K1,000 fee?

  • It’s time the board under the directive of NEC reduce fees to K200 flat.

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