Page 63 - Bisiness Studies_Form_3
P. 63
Business Studies for Secondary Schools
creates an online account via BRELA (iv) Details of the business activities;
or BPRA. Once an account is created, and
the applicant will select the business (v) Ownership details.
name option among the e-services tabs
provided. From the business name Uploading the required documents if
segment, the applicant has the option to any: The applicant is obliged to upload
FOR ONLINE READING ONLY
register a new business name, change the the required supporting documents as
particulars of a business name, process attachments.
stopping using the business name, pay an Making and confirming payment: Once
annual maintenance fee, and update an documents are successfully uploaded,
existing business name. a control number will be generated for
payment. This includes the registration
Name clearance: Before commencing
the processing of a new business name fee and annual maintenance fee.
registration, the applicant must perform a Submitting the application: Once payment
name clearance exercise online whereby is received, the applicant will submit the
he or she assesses other business names application.
registered with the agency similar to his Decision from the agency: If the
or hers. The name-clearance services can submission needs corrections, the
also be accessed even for those who do applicant will receive feedback on the
not have an account. areas requiring corrections. If there are no
Filling in the application form: Once issues, the applicant will receive approval
satisfied that there are no similar and a certificate with the business name.
names, the registration process begins. Procedures for acquiring a business
In registering the new business name, licence from LGAs
the applicant is supposed to prepare the The LGAs are entitled to offer a business
application. The details to be filled in licence for class “B” businesses. Class
the application form will depend on the “B” is such businesses that are established
type of entity being registered. In filling and operate in a specific local/district/
out the application form, the applicant is municipal area. The following are the
expected to have the following details: procedures for obtaining a business
(i) Details of the applicant or owner, licence from LGAs in the Tanzania
such as birthdate, National ID/ Mainland:
Zanzibar ID number;
(ii) Information about the business Opening an account: The applicant of
name; a business entity will open an online
(iii) Principal place where the business is account through the existing portal on
registered in Tanzania; behalf of the entity. The applicant needs
to have a National Identification Number
55 Student’s Book Form Three

