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Tanzania Investment Centre. General overview

Introduction. The Tanzania Investment Centre (TIC) is the primary government agency tasked with promoting, coordinating and facilitating investments in Tanzania. As the first point of contact for potential investors, Tanzania Investment Centre (TIC) plays a crucial role in streamlining the investment process, making it more accessible for both local and…
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Mining licences acquired in Tanzania. Comprehensive guide.

Introduction. In Tanzania, the mining sector is a significant contributor to the economy, driving growth and development across various regions. To regulate and manage this sector effectively, the Mining Commission under the Ministry of Minerals established through the written laws (Miscellaneous Amendments) Act, No. 7 of 2017, regulates mining activities…
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Members’ Voluntary Winding Up Procedures in Zanzibar

Winding Up of a Company refers to the legal process of closing down the Company’s operations and bringing its existence to an end. This process involves settling the Company’s liabilities, selling off its assets and distributing any remaining assets to its shareholders or members. In Zanzibar, this process is governed…
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Registration of a Foreign Company in Tanzania

Introduction In Tanzania, a foreign investor has two options for establishing a business in Tanzania; either register a new limited liability company (local company) or expand an existing foreign company into Tanzania. According to the Tanzanian Companies Act No. 12 of 2002, forming a new company requires applying to the…
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Tax obligations and compliance for non-profit organisations in Tanzania.

INTRODUCTION Nonprofit organizations in Tanzania are varied and include Non-Governmental Organizations (NGOs), charitable organizations, faith-based institutions, trusts, associations, cooperative societies, legal aid providers and philanthropic entities. These organizations operate with the primary objective of serving public or community needs rather than generating profits. However, like any entity engaged in activities…
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A Guide to Residence Permits in Tanzania

Introduction. A residence permit is an essential document for foreign nationals looking to live and work in Tanzania. The Immigration Department may grant residence permit to a person who intends to reside in Tanzania through an Application and Issuance System (OWAIS); the system which is integrated with the Online System for…
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