Page 72 - Bisiness Studies_Form_3

Business Studies for Secondary Schools

6. Mr. and Mrs. Kasa plan to establish a small business selling home appliances
in Arusha. Describe the licences that they will be required to acquire before the
commencement of the business.
7. What are the important documents needed in acquiring the business licence

from either BRELA or BPRA?
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8. Ms. Khadija is establishing a business in Babati. Describe the procedures that

she must follow in registering the following:
(a) Business name
(b) Taxpayer identification number
9. Baraka has recently opened a small shop selling electronics in Katavi. Although
he has been in business for several months, he has not yet registered his business.
A friend has informed him that businesses operating without registration may
face fines or even be shut down by the authorities. Baraka is unsure about the
importance of business registration and is considering whether it is necessary
for his small shop.
(a) Discuss the importance of registering a small business in Tanzania.

(b) What are the specific requirements for registering a small business in
Tanzania?
(c) In your response, discuss the legal and financial benefits of business

registration, the consequences Baraka may face if he fails to register, and
the necessary steps he must follow to legally register his business.
10. Nathan is the owner of a small clothing boutique in Tanga. He has been operating
his business for over a year but has yet to apply for a TIN. Recently, he received
a notice from the responsible authority informing him that the businesses must
obtain a TIN to comply with tax regulations. Nathan is concerned about the
registration process and wants to understand the importance of a TIN for his

business.
(a) Analyse the role of a TIN in small business registration in Tanzania.
(b) Discuss why Nathan’s business needs a TIN, the consequences of not

obtaining one, and the steps he should follow to acquire a TIN.
(c) What are the legal obligations for businesses regarding tax compliance in
Tanzania?

Student’s Book Form Three 64