A Business Licence is location specific, which means, a licence is required for each place of operation. If the location of the business changes, the owner must notify the Ministry of Finance prior to the move.
Each place of business chargeable
Where different stores, shops or other premises are kept in the name of one person or firm, a separate licence shall be taken out for each place of business, store, shop or other premises:
Licences are not transferable.
The licence is not transferrable between locations. In addition, a licence is not transferable between licence holders, except in the following cases:.
1. Provided that a business licence to a natural person shall on the death of the licensee be deemed to be transferred to the widow or widower of the licensee, so long as the widow or widower remains unmarried:
2. Provided also that a business licence held and used by a company may be transferred on the sale of the company.