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Foreign firms warned to pay taxes to Afghan government within a month

in Afghan Business

Foreign firms warned to pay taxes to Afghan government within a month

AISAThe Afghanistan Investment Support Agency (AISA) has given a deadline of one month for 15 foreign companies to pay taxes in line with the country’s law of land to the government.

AISA Director Wafiullah Iftikhar said foreign companies must abide by the country’s rules or their licenses would be suspended.

He further added that 52 purchasers of land plots in industrial parks have not had any activity.

“This is against the law and a strong blow to the economy,” Pajhwok Afghan News (PAN) quotes Iftikhar.

“We have invalidated licenses of 4,000 companies, which didn’t conduct any activity,” he said. As many as 40,000 domestic and 5,000 foreign companies are functional in the country, adds the source.

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