Page 71 - Bisiness Studies_Form_3
P. 71

Business Studies for Secondary Schools


          2.       Match the agencies and compliance documents from Group A with their
                 respective corresponding explanation in Group B by writing the letter of the
                 correct option in Group B that corresponds to an item in Group A .

                          Group A                                Group B

        FOR ONLINE READING ONLY
              (i)      Business Registration      A.   A law that governs the registration of
                     Certificate                      business names in Tanzania.
              (ii)   BRELA                        B.   A  certificate  issued  by  the  TRA  or
                                                      ZRA, proving that  a business is in
              (iii)  TIN                              good standing with its tax obligations.
              (iv)   Business Names               C.   The government authority responsible

                     Registration Act                 for tax collection and enforcement in
                                                      Tanzania.
              (v)    TRA or ZRA                   D.   A document  that  grants  the  right

              (vi)  Business licence                  to operate a business in a particular
              (vii)  National Identity Card           region.

              (viii)   Tax Compliance Certificate  E.   The  official  identity  document
                                                      required for  Tanzanian citizens to
                                                      register  a business or obtain  legal
                                                      identification.
                                                  F.     The  legal  document  issued by the
                                                      government  allowing a business to
                                                      operate.
                                                  G.   The government agency responsible
                                                      for registering businesses and issuing
                                                      business licences.
                                                  H.   The registration number required for
                                                      all  businesses  to  operate  legally  for
                                                      tax purposes.

          3.  Describe the scope of business registration for a small business in Tanzania.

          4.   Most applicants consider registering a small business time-consuming, bureaucratic,
             costly, and of little  value. Discuss  this belief by examining  the importance  of

             registering a business to the owner and the public.
          5.   Registering a small business is a phenomenon that requires many licences. Describe
             the generic licences or permits, or certificates that apply in Tanzania, the Mainland,

             and Zanzibar.



                                                  63                 Student’s Book Form Three
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