LC to hold hearing with business chambers on business licence revision | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

LC to hold hearing with business chambers on business licence revision

Tuesday, 08 Sep 2020 04:28 PM MYT

“The hearing will allow them to voice any concerns they have and ask questions about the proposed adjustment,” LC licensing officials told Bernama. The officials also disclosed that the existing licence fee had not be revised for over a decade as LC is using the Sabah’s local government by-laws since Labuan was elevated as a Federal Territory in 1986.

He said instead of increasing the business licence fee, LC should encourage businesses and get them to pay taxes more promptly, adding that by imposing more regulations, it would also hurt businesses as operations would slow down.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines