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Student's Book Form Five
Failure to operate the business (a) Premises have ceased to be used for
Most of the Acts establishing various the purpose for which the certificate
licenses have clearly stated that a business of registration was issued;
entity that has not complied with the (b) The business owner, manager or
regulations should not start the respective person-in-charge has, since the
FOR ONLINE READING ONLY
business. A medium-sized business in certificate of registration was issued,
particular is not expected to operate in been convicted of any offence;
Tanzania without having a valid business (c) The business owner has become
license. Therefore, any business without bankrupt or if a company has gone
a valid business license is not expected to into liquidation;
start or run a business in Tanzania. (d) Failure to comply with any condition
Fines or penalties of the certificate of registration;
The majority of the Acts and regulations (e) Submitted false information during
have clearly stated that there will be fines the application; and
or penalties in case a business entity fails to (f) Not complying with the laws
acquire the necessary licenses and permits. governing the business.
For example, in Tanzania Mainland, failure
to comply with the Business registration Fines or penalties
procedures, may result in a respective There are some situations in which fines or
business entity is facing a fine depending penalties are instituted even after business
on the offense(s) committed. registration. These situations include the
following:
Imprisonment (a) Changing location without
Some of the sanctions stated in some notification to the issuing
Acts and regulations have suggested authority;
imprisonment due to non-compliance. For (b) Failure to file tax returns to the
instance, failure to meet the regulatory relevant authority;
requirements of the business registration (c) Carrying on business at any place
Act attracts a fine or imprisonment for a not specified in the certificate of
certain period. registration; and
Suspension or revocation or (d) Failure to surrender certificate
de-registration of the license of registration which has been
Some licenses such as business license may suspended, revoked or cancelled
be suspended, revoked, de-registered, or to Registrar.
cancelled if the following happens:
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