Free CAC registration for 250,000 businesses sounds good on paper, but does anyone else think this is just a way to get more small businesses into the tax net later? Today it's "register for free," tomorrow it's new levies, more compliance costs and more agencies knocking on your door. If the goal is to help entrepreneurs, shouldn't the focus be on making it cheaper to actually run a business instead?
ifiokambrose
1 Comments
Free registration is nice, but electricity, fuel prices and multiple levies are what make it hard to stay in business. Fix those first.
Formal registration does have benefits like access to loans, grants and bigger contracts, but many small businesses say they rarely see those opportunities.
That's why people are skeptical. The obligations usually come immediately, while the promised benefits either take years or never materialize.