Page 91 - Business_Studies_F5

Student's Book Form Five

Pension funds registration Class C is issued to other professions, Class
Apart from different business licenses, D is issued to employees or foreigners
certificates or permits that the businesses engaged in approved religious and
need to possess to start business operations, charitable activities and Class E is issued
business owners (employers) have to to refugees.
FOR ONLINE READING ONLY
register their employees with pension Residence permit
funds. Pension funds play a crucial role in
securing the financial future of employees, This is the permit issued to non-citizens
including in the context of medium-sized intending to live in Tanzania. It is issued by
businesses. In Tanzania Mainland, the the Commissioner General of Immigration
National Social Security Fund (NSSF) and Services in Tanzania Mainland and
the Public Service Social Security Fund Zanzibar. There are three types of residence
(PSSSF) are institutions responsible for permits ranging from Class A to C. Class
managing pension contributions. NSSF A permit may be granted to non-citizens
serves private sector employees while who intend to enter or remain in the
PSSSF serves public sector employees. United Republic of Tanzania and engage
In Zanzibar, the Zanzibar Social Security in trade, business, professional activities,
Fund (ZSSF) serves both in public and agriculture, animal husbandry, mineral
private sector employees. prospecting or manufacturing. Class B
permit may be issued to a foreigner who
Work permit has obtained specified employment in the
This is a permit that is issued to non-citizens United Republic of Tanzania, and has been
in Tanzania. For Tanzania Mainland, the issued with a work permit by the Labour
Commissioner of Labour is responsible Commissioner. Class C permit may be
for issuing work permits to non-citizens, issued to foreigners intending to enter and
while in Zanzibar work permits are issued reside in Tanzania for purposes other than
by the Labour Commissioner of Zanzibar. those specified for the grant of residence
Non-citizens who need to work in different permit Class “A” or “B”. These include;

sectors including the business sector need students, researchers, volunteers, persons
to have a work permit. There are five attending cases in Courts of Law, former
categories of work permits, from class A employees winding up affairs, and persons
up to E. Class A is issued to investors and attending medical treatment.
the self-employed; Class B is issued to Intellectual property rights
those possessing prescribed professions
(medical and health care professionals, There are various types of intellectual
experts in oil & gas, teachers and university property rights in Tanzania Mainland and
lecturers in science and mathematics); Zanzibar that are important in protecting

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