TOGETHER THROUGH OUR TAXES, WE BUILD NEW DIRECTION

 

ENFORCEMENT ACTIONS FOR LATE/NON-PAYMENT OF TAXES

  • Sealing of business premises
  • Confiscation of goods and assets
  • Public auction of goods and assets
  • Third party recovery Litigation/court action
  • Prevention from traveling
  • Prevention from clearing goods through the Ports
  • Non-issuance of Tax Clearance Certificate to facilitate business
  • Imprisonment
  • Share

Installed payment for Corporate Income tax and Trade/Profit tax should be paid:

1st Quarterly Installment: 15th of the third month (e.g. 15th March)
2nd Quarterly Installment: 15th of the sixth month (e.g. 15 June)
3rd Quarterly Installment: 15th of the ninth month (e.g. 15 September)
4th Quarterly Installment: 15th of the twelfth month (e.g. 15 December)
5th Quarterly Installment: 120 days after the end of your accounting year (e.g. 30th April)