Registration Fee For SMEs: From Rs 2,500 to Rs 500

A Rs 2,000-decrease will be applied to the registration fee of Small & Medium Enterprises (SMEs) as from next month.

business-competition

The annual registration fees for Small Private Companies whose turnover do not exceed Rs 10 million go from Rs 2,500 to Rs 500 — this will be applicable as from January 2016.

This measure was announced when the Budget 2015-2016 was presented by the Minister of Finance, Vishnu Lutchmeenaraidoo; it is aimed at encouraging SMEs in their endeavours.

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