How To Register A New Company In Tanzania
Only registration fees assuming you have at least 9 USD as your share capital Hare is Brela total registration fees registration filling and Stamp duty fees. How to Register a Business Name in Tanzania You first need to conduct a name search by applying for the proposed business name by submitting three names to make sure your proposed business name has not already being registered.
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How to register a new company in tanzania. Applicant has to register themselves in the Online Registration System ORS. The process of registering a company in Tanzania may take up to 4 weeks and includes. Since 2003 Healy Consultants Group PLC has been efficiently and effectively assisting our Clients with establishing a business in Tanzania.
The Tanzania Public Limited Company. Under the Tanzanian Companies Act Act. The company incorporated will be considered as a local company.
Application for company name at the BRELA agency. In Tanzania all businesses. How to Register a Company in Tanzania.
12 of 2002 establishing a new company in Tanzania requires making an application to the Registrar of Companies at the Business Registration and Licensing Authority BRELA to acquire a Certificate of Incorporation. All payments are payable to the Registrar of Companies against. So actually you dont need capital to register a company in Tanzania.
Certified copy of a TIN certificate obtained from the Tanzania Revenue Authority. REGISTRATION OF A COMPANY IN TANZANIA FREQUENT ASKED QUESTIONS. Before January 2018 any person wishing to register a company in Tanzania had to complete filling in all the required documents for registration and then physically go to the offices of the Business Registration and Licensing Agency BRELA to submit the documents.
The expenses in setting up a business in Tanzania are low as the country has one of the lowest consumer cost indices in Sub-Saharan Africa. Benefits of Company Registration in Tanzania Tanzania allows free outflow of capital and profits and does not exercise foreign exchange controls or restrictions promoting investment activity. Following Tanzania business setup this entity must submit audited financial statements to the Business Registrations and Licensing Agency BRELA.
All business operating in Tanzania must register with Business Registration and Licensing Agency BRELA which is under the Ministry of Industry and. 2Select a Company Name. Select company to tell the system that you want to register a company and in service type select Registration of a new company.
Select Business Name. The associated cost is TZS 50000 per each name submitted for reservation. Currently Company registration in Tanzania is conducted through online system where all the documents are submitted electronically through Business Registration and Licensing Agencys Online Registration System and Zanzibar Property and Business Registration Online Registration System which are government agencies for business registration in Tanzania Mainland.
The branch must register with the Tanzania Revenue Authority TRA wwwtragotz for a Tax Identification Number that will be used by the branch for payment of taxes within 15 days from the date of commencement of business or investment. Certified copy of the Memorandum. Our services include with i Tanzania business registration ii government compliance iii license registrations iv visa applications v work space rental solutions and vi employee recruitment services in Tanzania.
Select Private Company Limited by Shares You can register a company as foreign private limited by guarantee private limited by sharespublic limited by shares or unlimited company. The second step is to decide is a suitable name for the company. On 1 February 2018 BRELA commenced their new Online Registration System ORS.
With share capital minimum of only 20000Tsh 9 USD as your initial share capital to register your company. The first step that has to be taken into consideration while forming a company in. The processes to register company in Tanzania is as follow.
Certified copy of a Certificate of Incorporationcompliance. The company name reservation can last up to 30 days and can be renewed for a similar period. The company is also required to register for VAT unless its annual sales are below US45000 TNS100 million.
Before establishment of Online Business Names Registration System a person wishing to establish a company was supposed to apply via Form 1 as shown here in below THE UNITED REPUBLIC OF TANZANIA Form 1 JAMHURI YA MUUNGANO YA TANZANIA BUSINESS NAME REGISTRATION ACT Cap213 SHERIA YA KUANDIKISHA MAJINA YA BIHASHARA Sura 213 Statement of. To change particulars in a business Name. And in the Service type select Registration of a new Business Name and.
1Select the Type of Business Entity. -Applicant fills in form no 6 Attach pdf Form Fees Structure. Certified copy of the Tax.
