MSMEs exempt from paying fee for up to 20 quotas

1 week ago

Micro, Small and Medium Enterprises (MSMEs) have been granted exemption from paying quota fees for up to 20 quotas. Businesses are required to pay an annual quota fee of MVR 2,000 for expatriate workers. But an amendment to the regulation on employment of expatriate workers on April 1 exempts MSMEs from paying the fee for up to 20 quotas. However, they will