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Registration of Business Act, 2007

An Act providing for the registration of business names and businesses in Sierra Leone as part of business-environment reforms.

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Summary

The Registration of Business Act, 2007 provides for the registration of businesses and business names in Sierra Leone. It was part of the 'doing business' reforms aimed at simplifying and formalising business start-up and improving the business environment.

The Act requires persons carrying on business under a business name to register, provides for the registry and the registration process, the information to be furnished, and the effects of registration. It supports transparency about who is carrying on business and facilitates formalisation of enterprises, operating alongside the companies-registration framework.

Main provisions

  • Requires the registration of businesses and business names.
  • Provides for the registry and the registration process.
  • Specifies the information to be furnished and updated.
  • Provides for the effects of registration and related offences.
  • Supports business formalisation and the 'doing business' reforms.