Online Event
Experts discussed issues of Women in Entrepreneurship topic at the second meeting of the BRICS Women in Tax Network
Published: Oct 22, 2024 14:45

Following the successful meeting of BRICS Tax Heads and Experts chaired by the FTS of Russia held in Moscow in September this year, the members of the BRICS WIT Network gathered to discuss national and international approaches to promoting female entrepreneurship, improving the business climate for women, and recognizing that women entrepreneurs still require additional help.

The members addressed the most pressing difficulties and challenges faced by women entrepreneurs in BRICS nations, as well as strategies for overcoming them, promoting female entrepreneurship, and contributing to gender equality in this area.

This online event focused on increasing tax and digital literacy for women to start and run successful businesses. It also provided an overview of digital services that support women in starting and growing their own businesses, as well as strategies for promoting women's entrepreneurship in BRICS countries.

The speakers representing national tax authorities, international organizations, and consulting firms, and outlined the common problems and challenges faced by female entrepreneurs in the BRICS countries in terms of bridging the tax gap and compliance, tax education, financial and digital literacy and engagement, security, and women's leadership in tax authorities and business. It is now possible for women in tax to achieve and maintain a work-life balance. In addition, the participants introduced a new subject on female health.

In closing remarks, Ekaterina Mikhailu noticed that despite the countries had different economies, cultures, tax systems, but still they all had common problems. And such collaboration provided access to digital services and in particular easiness of tax compliance for women so that the national tax authorities could make not only trainings on how to fill tax returns, but make digital services for women to make everything automatic remotely and not to spend time on tax compliance, but spend time on their business, on their interests, on their families, children and on their knowledge, on their trainings and education. It would be fruitful for all of the members, not only for tax authorities and women in tax authorities, but for all our female businesses and for our prosperity of our economies.

Women in Tax