Small and micro businesses across the country that have, over the years, grown used to operating in an informal, even illegal environment, neglecting to register as a business, failing to comply with the requisite safety and health regulations and evading taxes will have to agree to a much higher level of compliance if they are to benefit from the financial and other forms of support that will soon be on offer under the provisions of the 2004 Small Business Act.
The Small Business Bureau (SBB) the executing agency for the largest small business initiative ever undertaken by the government says that strict compliance with national laws and regulations including honouring obligations to the Guyana Revenue Authority (GRA) and National Insurance Scheme (NIS) are among the conditions
