The Registrar-General’s Department has stated that digital addresses are a prerequisite for the registration of businesses while the Tax Identification Number (TIN) is not.
This is because the TIN will be generated automatically as part of the department’s new business registration process from 2019.
This was contained in a press statement issued on Thursday, 29 November 2018 which was signed by Registrar-General Jemima M. Oware.
The statement clarified that some media repotage had indicated that the TIN will be replaced by the digital address but that is not so.
“We wish to state that digital address will be required as part of the business registration process in order to enable officers of the Metropolitan Assemblies to locate where the business is to follow up and give Business Operating Licences but it will NOT replace the TIN as indicated in the publication,” the release noted.
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The release added that “The Department, therefore, wants to clarify that Tax Identification Numbers (TINs) will no longer be a prerequisite for business registration because it will be AUTOMATICALLY generated as part of our NEW BUSINESS REGISTRATION PROCESS from 2019”.