Is the CAC’s move to deregister 100,000 companies a smart move or an overreach?
Context
The Corporate Affairs Commission has announced plans to strike 100,000 inactive companies off the register for failing to file annual returns. While the government says this will sanitize the business environment, many small business owners are struggling with the cost of compliance and complex administrative hurdles. Do you think this crackdown will actually improve the ease of doing business, or is it just another way to squeeze money from struggling entrepreneurs?
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