Business Registrations & Licensing Agency (BRELA)

About Business Registrations & Licensing Agency (BRELA):

Market economy unregulated and un facilitated breeds chaos and social economic anarchy. Regulation and facilitation therefore, are a necessary ingredient for a vibrant, sustainable and effective market economy. The two activities are responsible for the refereeing and provision of level field in which participants in the market economy compete.

In other words regulatory and facilitatory mechanisms in the market economy arena are responsible for the fair play of all players in the market.

Aim
The aim of the Agency is to ensure that businesses operate in accordance with the laid down regulations and sound commercial principles.

Roles
The specific roles include the following :
To administer companies and business names laws.
To regulate business by administering business and industrial licensing laws.
To administer intellectual property laws.
To encourage and facilitate local and foreign business investment.
To stimulate scientific and technological inventiveness and innovation and encourage technology transfer.
To protect the development of creativity in artistic, literary works, and expression of folklore by protecting such work in conjunction with rights owners.

Strategic Objectives
The Strategic Objectives of the agency are :
Ensuring that businesses comply with the laid down regulations to the satisfaction of the Government and the business community.
Improving service delivery by the adoption of modern business practices.
Building an efficient and effective workforce by adopting modern Human Resource Management policies.
Achieving financial self-sufficiency and generate surplus of income that supports the implementation of other strategic objectives.