This portal website has archived. For Budget 2025,
Explanation
As of now, no submission regarding the loom rubber bands trading license. This is because the price are too high or trading Loom Rubber Bands isn’t the interest of the members of QQ.
To raise the amount of traders in order to grow our economy, the Finance Department will be giving 3 additional months of trader’s license renewal for free after registration. Originally, once register, the trader’s license will be active for 1 month. This time around, it will be for 1 +3 FREE renewed months.
Trading loom rubber bands must have a trader’s license under QQ rules Penal Code 58 Act 2021.
Renew fees for one month is QQ$15.00. To sum it up new traders will receive 3 months of renew license worth QQ$45.00.
Total budget amount: QQ$1,125.00
Benefit to: Up to 25 traders
Minimum requirement
Register to become a new trader between 1st January 2022 until 28th February 2022.
Existing or past traders are not eligible for it
Benefit to be received
3 months of trader's license renewal when registered
How to apply
Current budget status
QQ$1,125 has been distributed for LRB license.