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About Business Name 
Business Introduction 

Under the Business Registration Act, "business" includes every form of trade, commerce, craftmanship, calling, profession and any activity carried on for the purposes of gain but does not include any office, employment or occupation, or any of the businesses specified in the First Schedule.

A business firm is either a sole-proprietorship or a partnership. Individuals and companies, being "legal persons", may set up and own a business firm. A business firm, not being a legal entity, cannot register another business firm.

A foreign company also cannot register a business firm unless it has registered itself under the Companies Act.

SOLE PROPRIETORSHIP

A sole-proprietorship is a business firm owned by one person or one company. There are no partners. The sole-proprietor has absolute say in the running of the business firm.

PARTNERSHIP

Partnerships may have between two and twenty partners. Once there are more than twenty partners, the business entity must be registered as a company under the Companies Act, Cap.39.