Step 5: Business license registration
A foreign investor/company must apply for a business license from the relevant licensing authority in each jurisdiction in which business activities are carried out (e.g., Betio Town Council). The license needs to be renewed annually.
If an investor wishes to add new activities during the implementation of their investment, they must apply for a variation of the initial business activity with the Investment Promotion Division at MTCIC, as well as a variation to their Business License.
Required information
- Completed, signed application form.
- Certificate of Business Name or Foreign Investment Certificate from MTCIC.
- Application Fee: Business license fees are based on the type and category of business activity, as well as the turnover for each activity. A $5.00 fee applies for submitting the application form. A late fee of $50.00 is charged if payment is not made by the end of March each year.
Contact Information
- Office location: Betio Town Council
- Telephone #: 75126278
- Processing officer: Ms Taarai Enoka
- Email: btc.ido@mcia.gov.ki - btcclerk@mcia.gov.ki
- Office location: Tarawa Urban Council
- Telephone #: 75022763
- Officer in Charge: Terubota Taremon
- Email: tucclerk@mcia.gov.ki - tuc.ido@mcia.gov.ki