Capital: Dodoma

Language:  English, Swahili 

Currency: Tanzanian shilling

 

 

OUR SERVICES;                      

• Consultation (in person, online, phone)
• Helping to prepare your documents
• Start to finish your company registration process
• Immigration services

 

 

Tanzania 

 

Tanzania, located on the eastern coast of Africa, has a rich history, diverse culture, a growing economy, and a multi-party political system. This page provides an overview of these aspects, highlighting the unique characteristics and contributions of Tanzania.

History: Tanzania’s history dates back thousands of years, with evidence of early human habitation in the region. The area saw the rise and fall of various empires, including the Kilwa Sultanate and the Kingdom of Buganda. European colonial powers, including Germany and later Britain, exerted control over different regions of Tanzania. The country gained independence in 1961 under the leadership of Julius Nyerere, who played a significant role in shaping Tanzania’s post-colonial identity and fostering a spirit of African socialism.

Culture: Tanzania is home to more than 120 ethnic groups, each with its own distinct cultural traditions and languages. The country embraces its cultural diversity and celebrates it through music, dance, art, and festivals. Tanzanian music, particularly Bongo Flava, has gained popularity both within the country and internationally. Traditional dances like the Ngoma, Bomas, and Makonde are performed at social gatherings and celebrations. The Tanzanian cuisine features a blend of African, Arab, and Indian influences, with dishes such as ugali, nyama choma (grilled meat), and pilau rice.

Economy: Tanzania has a mixed economy, with agriculture, mining, manufacturing, and tourism being key sectors. Agriculture is the largest employer, with the majority of the population engaged in small-scale farming. The country produces crops such as coffee, tea, tobacco, maize, and cashew nuts. Tanzania is also rich in natural resources, including gold, diamonds, tanzanite, and natural gas, which contribute to its export revenues. The manufacturing sector focuses on textiles, food processing, and construction materials. Tourism, with its diverse wildlife, stunning landscapes, and iconic attractions like Mount Kilimanjaro and Serengeti National Park, is a growing industry.

Politics: Tanzania is a multi-party democratic republic with a President serving as the head of state and government. The political landscape is characterized by periodic elections, with the ruling party being the Chama Cha Mapinduzi (CCM). While Tanzania has a history of political stability, recent years have seen debates around political freedoms and human rights. The government has implemented various development initiatives, including infrastructure projects, social welfare programs, and efforts to promote industrialization and economic growth.

In conclusion, Tanzania’s history, culture, economy, and politics reflect its rich heritage, natural beauty, and the aspirations of its people. The country’s cultural diversity, coupled with its historical sites and vibrant traditions, makes it a fascinating destination. With a growing economy and an abundance of natural resources, Tanzania has the potential for further development and investment. The political landscape, marked by multi-party democracy, presents opportunities for civic engagement and the pursuit of democratic ideals. Whether exploring its stunning wildlife reserves, experiencing its vibrant music and dance, or engaging with its warm and welcoming people, Tanzania offers a captivating and enriching experience.

 

Types of Companies in Tanzania

 

Private Limited Company:

• • This is the most common type of company in Tanzania.
  • Minimum of two shareholders is required to form a private limited company.
  • Limited liability, meaning shareholders’ personal assets are protected from the company’s debts.
  • Shareholders’ liability is limited to the value of their shares.
  • Requires a memorandum and articles of association to be registered with the Business Registration and Licensing Agency (BRELA).

Public Limited Company:

• • Similar to a private limited company but can offer its shares to the public.
  • Requires a minimum of seven shareholders to form a public limited company.
  • Shares can be freely traded on the stock exchange.
  • Higher levels of compliance and disclosure requirements compared to private limited companies.

Sole Proprietorship:

• • Owned and operated by a single individual.
  • Simplest form of business ownership.
  • The owner is personally liable for all debts and obligations of the business.
  • Not a separate legal entity from the owner.

Partnership:

• • A business owned by two or more individuals (partners).
  • The partners share profits, losses, and responsibilities as per the partnership agreement.
  • Each partner is personally liable for the debts and obligations of the partnership.

Limited Liability Partnership (LLP):

• • A hybrid form of business combining elements of a partnership and a company.
  • Partners have limited liability for the debts of the LLP.
  • Compliance requirements are typically less stringent than those for companies.

Non-Governmental Organization (NGO):

• • A not-for-profit organization that operates for social, charitable, religious, or cultural purposes.
  • Must be registered with the Registrar of NGOs and comply with relevant laws.

Branch Office:

• • A foreign company can establish a branch office in Tanzania to conduct business.
  • The branch office is an extension of the foreign company and is subject to Tanzanian laws.

Representative Office:

• • A foreign company can set up a representative office in Tanzania for market research or promotional purposes.
  • It cannot engage in profit-making activities and is subject to certain restrictions.

“Our team can provide assistance if you need help registering a company in Tanzania .”

 

Common Questions

 

What is the first step to register a company in Tanzania?

The first step is to conduct a name search and reserve the desired company name with the Business Registration and Licensing Agency (BRELA).

How many shareholders are required to form a private limited company?

A minimum of two shareholders is required.

Can foreigners own a company in Tanzania?

Yes, foreigners can own a company in Tanzania. Foreign investors are encouraged to participate in various economic sectors.

Is there a minimum capital requirement for company registration?

No, there is no specific minimum capital requirement for company registration in Tanzania.

What is the maximum number of shareholders allowed in a private limited company?

There is no maximum limit on the number of shareholders in a private limited company.

Can a foreign company establish a branch office in Tanzania?

Yes, a foreign company can establish a branch office in Tanzania, subject to approval from the Tanzania Investment Centre (TIC).

What is the procedure for company registration in Tanzania?

The procedure involves name search, preparation of documents, submission of the application, and payment of registration fees.

What are the documents required for company registration?

Documents include the memorandum and articles of association, particulars of directors and shareholders, and a statement of capital.

“Our team can provide assistance if you need help registering a company in Tanzania .”

 

How long does it take to register a company in Tanzania?

The registration process usually takes about 7 to 14 business days, depending on the workload at BRELA.

Can a foreigner be the sole shareholder of a company in Tanzania?

Yes, a foreigner can be the sole shareholder of a company in Tanzania.

Are there any restrictions on foreign ownership in certain sectors?

Yes, some sectors may have restrictions on foreign ownership. It is essential to check with the relevant authorities for specific sector requirements.

What are the types of taxes a company needs to pay in Tanzania?

Companies in Tanzania are subject to various taxes, including corporate income tax, value-added tax (VAT), and employee-related taxes.

Is it necessary to have a physical office in Tanzania for company registration?

Yes, a physical address in Tanzania is required for company registration.

Can a company name be changed after registration?

Yes, a company can apply for a name change with BRELA.

What are the annual compliance requirements for companies in Tanzania?

Annual compliance includes filing annual returns and audited financial statements with BRELA.

Can a company be registered with a foreign director only? 

Yes, a company can have a foreign director, but there must be at least one Tanzanian resident director.

Can a company change its business activities after registration?

Yes, a company can change its business activities after obtaining the necessary approvals.

What is a company’s memorandum of association?

The memorandum of association outlines the company’s objectives, powers, and scope of activities.

Is it possible to register an online business in Tanzania?

Yes, online businesses can be registered in Tanzania like any other type of company.

What is the role of a company secretary?

A company secretary is responsible for ensuring compliance with legal and regulatory requirements and maintaining company records.

Can a company have a foreign company secretary?

Yes, a company can have a foreign company secretary, but it must also have a local company secretary.

What is the cost of company registration in Tanzania?

The registration fees depend on the type and capital of the company and can vary.

“Our team can provide assistance if you need help registering a company in Tanzania .”

 

Is it mandatory to register for taxes after company registration?

Yes, a company must register for taxes with the Tanzania Revenue Authority (TRA) after registration.

Can a company have a corporate bank account in Tanzania?

Yes, a registered company can open a corporate bank account in Tanzania.

What is the validity period of the certificate of incorporation?

The certificate of incorporation has a perpetual validity unless the company is dissolved.

Can a company change its registered office address?

Yes, a company can change its registered office address after obtaining the necessary approvals.

Is there a requirement for a minimum number of directors in a company?

Yes, a private limited company must have a minimum of two directors.

What is the significance of a company seal in Tanzania?

The company seal is used to execute documents on behalf of the company.

Can a foreign company hold shares in a Tanzanian company?

Yes, a foreign company can hold shares in a Tanzanian company.

What is the role of the Tanzania Investment Centre (TIC) in company registration?

TIC facilitates and promotes investments in Tanzania by foreign and local investors.

Can a company be registered without a physical presence in Tanzania?

No, at least one director must be physically present during the registration process.

Is it possible to reserve a company name online?

Yes, name reservations can be done online through the BRELA website.

Can a company operate multiple businesses under one registration?

Yes, a company can operate multiple businesses under one registration.

Is it mandatory to have audited financial statements for a newly registered company?

For the first year of operation, a newly registered company is not required to submit audited financial statements.

Can a foreign company transfer funds to its Tanzanian branch office?

Yes, a foreign company can transfer funds to its Tanzanian branch office, subject to foreign exchange regulations.

“Our team can provide assistance if you need help registering a company in Tanzania .”

 

Can a company have a different trading name from its registered name?

Yes, a company can operate with a trading name different from its registered name.

Can a company have a virtual office in Tanzania?

A virtual office is generally not accepted for company registration, as a physical address is required.

What is the role of the Registrar of Companies?

The Registrar of Companies oversees the registration and regulation of companies in Tanzania.

Can a company engage in business activities outside Tanzania?

Yes, a company can engage in international business activities.

Is there a difference between a company limited by shares and a company limited by guarantee?

Yes, a company limited by shares has share capital, whereas a company limited by guarantee has members who provide guarantees instead of shares.

What are the requirements to open a branch office of a foreign company?

Requirements include submission of specific documents, approval from TIC, and registration with BRELA.

Is it possible to reserve a company name indefinitely?

No, a company name reservation is valid for a limited period, typically 30 days.

Can a company have a foreign chairman of the board?

Yes, a company can have a foreign chairman of the board.

What is the process for changing the company’s directors?

Changes to the board of directors must be filed with BRELA within 14 days of the change.

Can a company be registered with a foreign address for shareholders?

Yes, foreign addresses can be used for shareholders, but a physical Tanzanian address is also required.

Can a foreigner serve as a company secretary in Tanzania?

Yes, a foreigner can serve as a company secretary, but a local company secretary is also necessary.

Are there any restrictions on the company’s name?

Yes, certain words or phrases may be restricted for use in the company’s name.

Can a company’s articles of association be changed after registration?

Yes, the articles of association can be amended with the approval of the shareholders.

What is the penalty for non-compliance with annual returns filing?

Non-compliance can result in fines and potential removal of the company from the register.

“Our team can provide assistance if you need help registering a company in Tanzania .”

 

Can a company operate in multiple locations within Tanzania?

Yes, a company can have multiple branches operating in different locations within the country.

Is it possible to register a non-profit organization (NPO) as a company?

Yes, NPOs can be registered as companies limited by guarantee.

Can a company have different classes of shares?

Yes, a company can issue different classes of shares, such as ordinary shares and preference shares.

Can a company’s registered office be in a different city from its principal place of business?

Yes, the registered office and principal place of business can be in different locations.

Can a company have a foreign CEO or managing director?

Yes, a company can have a foreign CEO or managing director.

Is it possible to transfer ownership of shares in a Tanzanian company to a foreigner? 

Yes, shares can be transferred to foreign individuals or entities, subject to compliance with relevant regulations.

 

Major Banks in Tanzania

 

• RDB Bank Plc: https://www.crdbbank.com/
• National Bank of Commerce (NBC): https://www.nbc.co.tz/
• NMB Bank Plc: https://www.nmbbank.co.tz/
• Stanbic Bank Tanzania: https://www.stanbicbank.co.tz/
• Exim Bank Tanzania: https://www.eximbank-tz.com/
• Standard Chartered Bank Tanzania: https://www.sc.com/tz/
• Barclays Bank Tanzania: (Note: Barclays Bank Tanzania was rebranded as Absa Bank Tanzania. The website might have changed, but you can search for Absa Bank Tanzania)
• CRDB Microfinance Services Company Limited: http://www.crdbmicrofinance.co.tz/
• Akiba Commercial Bank: https://www.akibabank.co.tz/
• TPB Bank Plc: https://www.tpbbank.co.tz/
• Tanzania Postal Bank: https://www.postbank.co.tz/
• UBL Bank Tanzania Limited: http://www.ubltz.com/
• DCB Commercial Bank Plc: https://www.dcbbankplc.com/
• Azania Bank Limited: https://www.azaniabank.co.tz/
• Mkombozi Commercial Bank Plc: https://www.mcb.co.tz/
• I&M Bank Tanzania Limited: https://www.imbank.com/tz/
• Yetu Microfinance Bank: https://www.yetumfbank.com/
• FINCA Microfinance Bank Tanzania: https://www.finca.co.tz/
• Maendeleo Bank Plc: https://www.maendeleobank.co.tz/
• KCB Bank Tanzania Limited: https://ke.kcbbankgroup.com/tz/

“Our team can provide assistance if you need to open a bank account in Tanzania .”

 

The top universities in Tanzania

 

University of Dar es Salaam (UDSM)

• • Website: https://www.udsm.ac.tz/
  • Location: Dar es Salaam
  • Major Courses: Various undergraduate and postgraduate programs in fields like arts, social sciences, business, engineering, law, medicine, and natural sciences.

Sokoine University of Agriculture (SUA)

• • Website: https://www.sua.ac.tz/
  • Location: Morogoro
  • Major Courses: Agriculture, veterinary medicine, environmental sciences, forestry, and related disciplines.

Muhimbili University of Health and Allied Sciences (MUHAS)

• • Website: https://www.muhas.ac.tz/
  • Location: Dar es Salaam
  • Major Courses: Medicine, dentistry, nursing, pharmacy, public health, and allied health sciences.

Ardhi University (ARU)

• • Website: https://www.aru.ac.tz/
  • Location: Dar es Salaam
  • Major Courses: Architecture, urban and regional planning, land management, and related disciplines.

Nelson Mandela African Institute of Science and Technology (NM-AIST)

• • Website: https://www.nm-aist.ac.tz/
  • Location: Arusha
  • Major Courses: Science and engineering programs, including materials science, renewable energy, computer science, and telecommunications.

Mzumbe University (MU)

• • Website: https://www.mzumbe.ac.tz/
  • Location: Morogoro
  • Major Courses: Business administration, public administration, law, finance, accounting, and management.

The Open University of Tanzania (OUT)

• • Website: https://www.out.ac.tz/
  • Location: Dar es Salaam
  • Major Courses: Open and distance learning programs in various disciplines, including education, business, law, and social sciences.

St. Augustine University of Tanzania (SAUT)

• • Website: https://www.saut.ac.tz/
  • Location: Mwanza
  • Major Courses: Business administration, law, education, social sciences, and humanities.

Hubert Kairuki Memorial University (HKMU)

• • Website: https://www.hkmu.ac.tz/
  • Location: Dar es Salaam
  • Major Courses: Medicine, nursing, pharmacy, public health, and allied health sciences.

Catholic University of Health and Allied Sciences (CUHAS)

• • Website: https://www.bugando.ac.tz/
  • Location: Mwanza
  • Major Courses: Medicine, nursing, pharmacy, and public health.

“If you need assistance registering for college or university, our team is here to help.”

 

Strange or unusual to visitors in Tanzania

 

Greetings and Handshakes: Tanzanians place great importance on greetings. It is customary to greet people with a handshake, and sometimes, this can be prolonged with multiple handshakes, especially in rural areas.

Chewing Miraa (Khat): In some regions, particularly in the northern part of the country, people chew miraa, a stimulant plant. Visitors may find it unusual to see locals chewing the leaves, especially as it can cause hyperactivity and a talkative demeanor.

Traditional Healers: Traditional healers play a significant role in Tanzanian culture, and many people seek their services for various ailments. Some visitors may find the practices and beliefs of traditional healers intriguing and different from what they are accustomed to.

Public Transport: In cities like Dar es Salaam, visitors might find the local public transport, such as “dala-dalas” (minibusses), to be crowded and chaotic compared to what they are used to in their home countries.

Clothing Choices: Tanzanians generally dress modestly, especially in rural areas and conservative communities. Visitors should respect local customs and dress appropriately, covering shoulders and knees.

Prolific Use of Mobile Phones: Tanzania has a high mobile phone penetration rate, and you’ll find people using their phones extensively for communication, even in remote areas.

Time Perception: The concept of time in Tanzania can be more relaxed compared to some Western cultures. Punctuality may not be as strictly observed in social settings, so it’s essential to be patient and flexible.

Traditional Dances: Visitors might witness traditional dance performances in various regions of Tanzania. Some dances involve elaborate costumes, rhythmic movements, and chants, which may be unusual to those unfamiliar with African cultural expressions.

Local Cuisine: Traditional Tanzanian cuisine includes dishes like Ugali (maize porridge), which is eaten with hands, and some visitors may need time to adjust to this style of eating.

Language Diversity: Tanzania is a multilingual country with over 100 spoken languages. While Swahili is the official language, visitors might encounter various local languages and dialects during their travels.

 

“Tips for Newcomers: Adjusting to Life in Tanzania”

 

Learn Swahili: Swahili is the most widely spoken language in Tanzania and is essential for day-to-day communication. Invest time in learning basic Swahili phrases, as it will help you interact with locals and navigate daily life more comfortably.

Embrace the Culture: Tanzanian culture is diverse and vibrant. Embrace the customs, traditions, and local way of life. Respect the cultural norms and show interest in learning about the local customs and practices.

Be Patient: Adapting to a new environment takes time. Be patient with yourself and others as you adjust to the different lifestyle and pace of life in Tanzania.

Respect Dress Codes: In many parts of Tanzania, especially rural areas and conservative communities, dressing modestly is important. Pay attention to local dress codes, and avoid wearing revealing or inappropriate clothing.

Understand Time Perception: Tanzanian time perception might be more relaxed compared to what you’re used to. People may not always adhere to strict schedules, so be flexible and patient in your daily interactions.

Be Open-Minded: Embrace the differences you encounter and keep an open mind. Be willing to try new foods, experience local traditions, and engage with people from diverse backgrounds.

Health Precautions: Prioritize your health by drinking bottled water, getting vaccinated for tropical diseases, and taking necessary precautions against malaria and other potential health risks.

Transportation: Public transportation, especially in cities like Dar es Salaam, can be crowded and chaotic. Be prepared for this and plan your travels accordingly.

Security Awareness: While Tanzania is generally safe for tourists and expats, exercise standard safety precautions. Avoid walking alone in unfamiliar areas at night, keep your belongings secure, and stay informed about local safety conditions.

Connect with Expats and Locals: Join expat groups or local clubs to meet like-minded individuals and build a support network. Engaging with locals can also help you integrate and understand the community better.

Explore the Country: Tanzania offers a wide range of natural and cultural attractions. Take the opportunity to explore the country’s national parks, beautiful landscapes, and vibrant cities.

Be Respectful in Wildlife Encounters: If you visit wildlife areas, remember that you are in the animals’ habitat. Adhere to park rules, maintain a safe distance from wildlife, and do not disturb or feed animals.

Financial Considerations: Familiarize yourself with the local currency and banking system. Use reputable exchange services, and keep a record of your transactions.

Internet Connectivity: Internet access can vary across the country. Be prepared for intermittent connectivity and explore options for mobile data or Wi-Fi services.

 

Top recruitment agencies in Tanzania

 

• Summit Recruitment & Search: https://www.summitrecruitment-search.com/
• Tanzania Recruitment Services: http://www.tanzaniarecruit.com/
• Jobs in Tanzania: https://www.jobstanzania.net/
• CV People Tanzania: https://www.cvpeopleafrica.com/
• BrighterMonday Tanzania: https://www.brightermonday.co.tz/
• Zoom Tanzania: https://www.zoomtanzania.com/
• MyJobo Tanzania: https://www.myjobo.com/tz
• Jobweb Tanzania: https://www.jobwebtanzania.com/
• Tanzania Jobs Portal: http://www.tanzaniajobsportal.com/
• AjiraLeo Tanzania: https://ajiraleo.co.tz/

 

Necessary phone numbers in Tanzania

 

• Police Emergency: 112 or 999

• Medical Emergency/Ambulance: 112 or 999

• Fire and Rescue: 112 or 999

• Tanzania Tourist Police: +255 754 303 300

• Traffic Police (Dar es Salaam): +255 754 832 775

• Tanzania Revenue Authority (TRA) Help Desk: 0800110066 (toll-free)

• Tanzania Civil Aviation Authority (TCAA) Emergency: +255 22 211 7111

• Dar es Salaam International Airport (Julius Nyerere International Airport) Emergency: +255 222 845 005

• Tanzania Meteorological Agency (TMA) Weather Information: 022 245 1470 / 022 245 1471

• Tanzania Electric Supply Company Limited (TANESCO) Emergency: 022 211 6760