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There are many reasons to register a business enterprise if you are thinking about, or currently doing business in this country.

There are considerable advantages involved plus you do not have the added stress of liability if you are currently operating as a sole trader/partnership business enterprise.
One of the most important objectives of the Register of Business Enterprises is to establish beyond doubt who is responsible for what in a business enterprise. The members of the board, the general manager and the auditor must sign to prove that they have assumed these responsibilities. If any changes are made to the distribution of duties in a business enterprise, these must be promptly reported to the Register of Business Enterprises for registration. If the business enterprise neglects to do so, it will be ordered to rectify the situation. Thus the Register of Business Enterprises will always be able to supply up-to-date information about who holds the various positions in a business enterprise, changes to share capital, whether a business enterprise has been sent to the bankruptcy court for enforced dissolution or is undergoing liquidation proceedings, and a number of other matters.
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