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Government plans to register all businesses

16 April 2013 No Comment

Government has begun a process that will require all people doing business in South Africa, including all foreigners legally able to run a business in the country, to register their business activities.
In terms of the Draft Licensing Bill, everybody wanting to do business in South Africa would have to register to do so.
Trade and Industry Minister Rob Davies said that the registration of business would give the government a tool to know who was conducting business in different communities, as well as the ability to act against illegal activities.
The register would also give authorities the added benefit of being able to act against fronting.
Government was also “aware of the proliferation of illegal or semi-illegal activities”, which might well have to do with the illegal importation of goods.
Licences would be issued by licensing authorities to be established in local or metropolitan municipalities and they would be valid for five years after which they would be renewable.
The mooted business register was not an attempt to raise extra revenue, said Davies.
The process will be simple: those who do not get a reply 30 days after applying to register can assume that they were successful, while those who receive notices will have to respond to them.
Licences may be revoked after a licensing authority has received and investigated a complaint, or the licence-holder has either been found guilty of contravening the country’s laws, or of being guilty of employing an illegal foreigner.
The Minister said that the intervention was a way to bring about a cheap, easy and accessible process to register business activity in South Africa. – SAnews.gov.za
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