Challenges
- Lack of knowledge of new compliance
- Possibility of skipping a compliance due date or for a particular period
- High number of compliances spread across multi-locations and multi-people having their own inconsistent practices
- The responsibility of ensuring the compliance of various statutory laws lies solely with the top management and directors exist under most of the laws is held responsible for any non-compliance or delay.
- Minor violation and unintentional delay in complying with these statutory requirements not only result in levy of damage and penalties but also prosecutions.
Challenges
- Lack of knowledge of new compliance
- Possibility of skipping a compliance due date or for a particular period
- High number of compliances spread across multi-locations and multi-people having their own inconsistent practices
- The responsibility of ensuring the compliance of various statutory laws lies solely with the top management and directors exists under most of the laws are held responsible for any non-compliance or delay.
- Minor violation and unintentional delay in complying with these statutory requirements not only result in levy of damage and penalties but also prosecutions.
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