3yrs Tax Free Holiday For All Business Start-ups & More

Let us demand better services from the government

as a compensation for tax compliance. We need at
least 3 years tax free holidays for all start-up
companies and amnesty for all Corporate Affairs
Commission registered businesses held captive by

the heavy fines and penalties of the International
Financial Reporting Standard and FRCN, FIRS,
LIRS.
Let us unite for a change that all Nigerians will
benefit from regardless of your State of origin,
tribe or gender. We all need to act now before this
new government loses sight of the major problems
we are facing on a daily basis as Entrepreneurs.
Micro, Small and Medium Enterprises (MSMEs)
remains the engine of growth of many developed
countries, as they offer more than 80 percent of
employments to the youths and the working class
of such countries. In Nigeria, most MSMEs are
finding it difficult to survive, with the burden of
penalties, exorbitant taxes and levies on their
businesses resulting to instant death of such
business, mass unemployment and encouragement of
sharp practices.
While many developed countries exempt their
MSMEs organizations especially the start-ups from
payment of taxes, the reverse is the case in
Nigeria, where they face multiple taxation
problems from the various tiers of the government
agencies right from the start.
A start-up and a Micro business is made to pay
the same tax rate that a Dangote pays, while a
Dangote gets many tax relief.
Women start-ups, those in the informal sector,
often bear the brunt of this problem due to the
ignorance of their tax obligations and the amount
expected to be paid. It has been learnt that most
tax collectors or area boys in the informal sector
play on the ignorance of most business owners and
impose exorbitant taxes and levies on their
businesses with most of the money going to their
private pockets.
We cannot boast of a genuine database of
registered businesses. The CAC database if filled
with stagnant and dead companies’ whose owners
intentionally killed it and set up another just to
avoid the heavy penalties from the FRCN, FIRS
and LIRS. This must stop and we need your support
to make it happen. Please join us, Support Nigeria
Association of Small and Medium Enterprises Lagos
Chapter. Let’s do this sign this petition now!

SIGN THIS PETITION NOW BY CLICKING HERE