Hello @simonnwigwe
Thanks for sharing your post in "Dev's Teaching Team"
Here are the feedback and evaluation results:
Point 1.Thanks for describing in detail the registration process in your country. But we are willing to know about your business, particularly as the week four contest is all about the business you run. You mentioned that there is no fixed amount, but the officers sitting across the table use their own discretion to determine the license fees. How did you pay based on your company size, and do you feel what you paid was reasonable, or could you have further negotiated if you pressed a little harder? 1.8/2
Point2. If I remember right, you said in your last post that you are working on a no-profit, no-loss basis to support your fellow citizens or keep your profit low. Do you get any rebate/subsidy for doing so? If not, how do you manage your expenses in such circumstances? 1.8/2
Point3. You have described the tax structure in detail, but we will discuss income tax and rebates in the coming weeks. Right now, we are willing to know in what service or trade tax applies to your business at present. Also, do you have tax slabs based on turnover, or do all money landing businesses fall into the same tax slab? 1.7 /2
Point4. Thank you for a detailed explanation about sorting out the problems with the help of a professional. Do you take the services of a CA/Accountant if a situation arises to this tune, and finally, is there any under-the-table money involved in such a situation? 1.75/2
Quality 1.9 /2
Score 8.95 /10
You have a fair idea of the topic but I am expecting a few personalised answers. Thank you.
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