What is the penalty for non-submission of a FAS?

No fines are currently prescribed for non-submission of FASs, but it depends on the merits of the case

If e.g. no accounting records were kept, fine may be issued


Disclaimer:

Please note that the information provided does not constitute legal or professional advice, but rather the applicability of existing theory to a given practical situation. Due care is taken to ensure that the information is correct, but it remains subjective and an interpretation of application of information.

Tags:
Previous: What is the minimum amount of administrative penalty that can be imposed on non-compliant companies and CCs?
Next: If you want to calculate the 10% penalty for the period that the company was non-compliant, when does the period of non-compliance start?
Scroll to Top

welcome.

The only thing that interferes with my learning is my education. - Albert Einstein

Log In to Your SAIBA Account!

Please Login
*
Username
Username can not be left blank.
Please enter valid data.
*
Password
Password can not be left blank.
Please enter valid data.
Please enter at least 1 characters.
LOGIN