There is light at the end of the tunnel now as the Ministry of Commerce and Industry has embarked on an initiative to take its business registry arm to rural Liberia as a way of encouraging business owners to formalize their establishments.
Speaking to newsmen at the launch of the exercise in Grand Cape Mount County, Monday, April 18, 2016, Deputy Commerce Minister for Commerce and Trade Services-designate, Stephen Marvie, said the launch of the Mobile Business Registration as an opportunity for businesses to formalize.
He said the Mobile Business registration service is intended to take government services to its people by reducing the difficulties faced by businesses in getting certificates of business registration.
Marvie also indicated that the excise will be carried out in all parts of the country to enable businesses pay their fair share to government through taxes that will bring development.
The program brought together business owners and stakeholders in the sector.
The exercise is being jointly carried out by three government agencies including the Liberia Revenue Authority (LRA), National Social Security Welfare Corporation (NASSCORP) and the Ministry of Commerce and Industry.
Also speaking, Commissioner for Domestic Tax at the LRA, Darlingston Talery, appealed for business owners to cooperate with the mobile registration team because according to him, that way, business owners, whether SMEs or petty traders, can contribute to the national revenue envelop of the government.
Commissioner Talery stressed that the development of the country depends on the taxes citizens pay. Hence, he encouraged them to pay their fair share by always helping the LRA to collect rightful taxes.
The market women of Robertsport City welcomed the initiative and promised to cooperate with the mobile team by registering their businesses.