Saturday, July 23, 2016

Deadline to submit quarterly performance report to the MIC

The MIC wishes to make investors aware that businesses with an MIC permit have to submit quarterly performance reports; the deadline for the submission of the performance report for the first quarter of the 2016/17 financial year has been set for 27 July (http://tinyurl.com/gl4chjq). Section 42 Foreign Investment Law and section 32 Citizens Investment Law specify penalties for non-compliance.

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