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
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