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

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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.

 

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