How To Register A Foreign Company In Tanzania

18 Mar, 2021

-Applicant fills in form no 6 Attach pdf Form Fees Structure. To form such a company at least 2 directors and 7 shareholders one of whom must be a Tanzanian national with a minimum 40 stake in the company are required.

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General a foreign companyindividual establishes a business in Tanzania by either Setting up a limited liability Tanzanian new company or as a group subsidiary Registering a foreign limited company in Tanzania as a branch that is having an established place of business in Tanzania.

How to register a foreign company in tanzania. A foreign company can be registered in Tanzania or Zanzibar if such company has an established place of business in Tanzania or Zanzibar. To change particulars in a business Name. The company is also required to register for VAT unless its annual sales are below US45000 TNS100 million.

An overseas company is allowed to establish a representative officebranch by registration of an established place of business in the country. REGISTRATION OF A COMPANY IN TANZANIA FREQUENT ASKED QUESTIONS. Also a minimum share capital of US300000 must be deposited to start a public company.

A foreign company is not deemed to have a place of business in Tanzania or Zanzibar solely on account of its doing business through an agent in Tanzania at the place of business of the agent. Any person may register a company in Tanzania where the age Limit provided is minimum 21 years and maximum of 70 years as per section 194 of Companies Act Cap212. Proof of a suitable company premises.

Certified copy of the Memorandum. In addition the ORS does not give a room to a foreigner to register andor to own a business name or. The company is not deemed to have a place of business in Tanzania solely on account of its doing business through an agent in Tanzania at the place of business of the agent.

Certified copy of a TIN certificate. A public company in Tanzania is one whose shares are available for trading to the people. Certified copy of the Tax.

Then fill in online application form integrity form and form 14b. All payments are payable to the Registrar of Companies against. You form a company in Tanzania by filing your application for company formation with BRELA using the BRELA ORS.

The ORS require National Identification Number NIN for local people to be registered into the system as shareholders. Certified copy of a TIN certificate obtained from the Tanzania Revenue Authority. Certified copy of a Certificate of Incorporation.

In order to be able to open up that foreign company branch an application for registration of a foreign company shall be made to the Registrar of Companies at BRELA. Obtain notarized documents Register and apply for certificate of compliance Pay compliance fees Obtain certificate of compliance Submit lease agreement documents Pay registration fee and stamp duty Obtain registered lease agreement Submit application Biometric and photo capture Obtain personal TIN certificate Submit request for tax identification number Pay for witholding tax and. A foreign company seeking to establish a place of business in Tanzania or Zanzibar must deliver the following documents to the Registrar of Companies.

Certified copies of the memorandum and articles of association. The Tanzania Public Limited Company. Applicant has to register themselves in the Online Registration System ORS.

The Authorities responsible to. See more under item 33 below. Certified copy of a Certificate of Incorporationcompliance.

You will need to prepare Memorandum and Articles of Association and have it notarized. Following Tanzania business setup this entity must submit audited financial statements to the Business Registrations and Licensing Agency BRELA. If the company has a charitable purpose it will be required to register as an NGO unless the charitable company intends to promote commerce investment trade or any other activity in which case it may be able to remain as a company registered at BRELA.

Registering a foreign limited liability company in Tanzania as a branch that is having an established place of business in Tanzania. Taxpayer Identification Number TIN acquired through the process outlined above. If the Registrar approves the application a Certificate of Compliance will be issued to the foreign companys branch in Tanzania.

All business operating in Tanzania must register with Business Registration and Licensing Agency BRELA which is under the Ministry of Industry and. In order to access the Online Registration System one has to create an account and become a registered user of the system. Certified copy of memorandum and articles of association or other.

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