Houthis checking companies account by force
English - Saturday 07 September 2019 الساعة 10:49 am
Sana'a– NewsYemen.net
A businessman told "Newsyemen" that the Houthi militia is checking the lists and systems of accounts in the companies and private institutions by force, under the pretext of knowing the size of profits and the company's annual income, to determine the size of taxes, and requires the owner of the facility to pay.
He added that the Houthi coup militia does not trust the private sector, rejects the tax return provided by the companies to the Tax Authority, rejects purchase invoices and customs declarations, and imposes a fictitious tax, which the company owner cannot pay and is not legal, and requires companies to pay them. His company and imprison him.
He pointed out that the militia Houthi, has arrested hundreds of accountants in private companies under the pretext of not being able to access the system of accounts in the companies they work, confirming that the militia confiscated and closed dozens of companies whose owners refused to enable them to access the systems of accounts of their companies, and arrest The owner of the company or his son or one of his relatives and imprison them.
The Iranian-backed Houthi coup militia imposes double illegal taxes on businesses, small and medium-sized enterprises (SMEs), and has opened files for the past years from 2000 to fiscal 2019.
The Houthi militia's practice has led to the displacement of private sector capital abroad, freezing of private sector projects, the suspension of foreign direct investment due to insecurity, looting and robbery, and the imposition of levies and royalties to finance its own activities and military actions against the Yemeni people.
Yemen's ease of doing business fell to the lowest since six years , ranking 187 out of 190 countries in 2019, according to the 2019 Business Environment Report.
Yemen is among the lowest four countries on the map of the business environment in the world, ahead of Venezuela, Eritrea and Somalia, down 58 degrees, from 129 in 2013 to 187 in 2019, making it difficult for Yemen to attract foreign investment and restore the national migrant capital and foreign companies that left Country.
