Company Registration In Tanzania
Doing Business & Company Registration in Tanzania
Tanzania at a Glance
Company Registration In Tanzania – Tanzanian is one of the Fastest Growing Economies in Africa with an abundance of natural resources, which offering tremendous investment opportunities for investors in several sectors that include Telecom, Fintech, Energy Sector, Real Estate, Agribusiness, Mining, Logistics and Warehousing.
According to RMB Bank 2018 Report, Tanzania is the 7th Best Country to Invest in in Africa, This is as a result to the Peace and Political Stability, the strategic location, Attractive investment regime, Membership of bilateral Trade Agreements and Presence of Export Processing zones and Special Economic Zones.
Doing Business in Tanzania gives you the luxury to enjoy the leisure destinations that include Serengeti National Park, Stone town in Zanzibar, Mt Kilimanjaro National Park, Mafia Island and Ngorongoro Crater.
The Tax regime in Tanzania is Simple and Transparent and the Tax rate for personal Income ranging from 0 to 30 %, Corporation Tax is at 30% and Value Added Tax (VAT) at 18%.
Company Registration in Tanzania Summary Table
| Entity | Subsidiary Company | Branch Company |
|---|---|---|
| How Long does the Company registration process Take? | 10 Days | 10 Days |
| How long Does it take to Open Bank Account? | 5 Days | 5 Days |
| After how Long can you Invoice and Hire | 15 Days | 15 Days |
| Minimum Number of Directors and Shareholders | 2 | – |
| Foreigner Can own the Company 100% | Yes | Yes |
| Can the entity hire expatriate staff | Yes | Yes |
| Tax Identification Registration required | Yes | Yes |
| Access to Tanzania double Tax treaties | Yes | Yes |
| Can bid for Government Contracts? | Yes | Yes |
| Can Secure Trade Finance? | Yes | Yes |
| Can Secure an Import and Export Licence? | Yes | Yes |
| Can Easily Convert into a PLC? | Yes | No |
| Can Secure Work permits for foreign Employees and Directors? | Yes | Yes |
| Multi Currency Bank Accounts Available? | Yes | Yes |
Complete the form below for additional information on Company Registration in Tanzania or to request for a quotation.
WHAT CLIENTS SAY ABOUT US
AZG Capital
2021-02-25
Very professional and trust worthy company. I closely worked with Albert and Kelvin in this project and I found them to be very helpful and the above and beyond to complete the project to our satisfaction. Thanks guys!!
Evie Lim
2021-02-24
Anthony has been professional in helping us set up and registering a business in Kenya. Highly recommended.
Francis Anyanwu
2021-02-17
Very Professional outfit. From nothing they will give you a foothold in the regions they operate in a timely manner. They are highly recommended
Jide Nwakobi
2021-02-01
Fantastic and efficient professionals. They make complex processes so easy.
Ruth Wacuka
2021-01-04
Registering a company/ organisation / entity in a very dynamic Kenya and Nairobi precisely can be frustrating .
Africa Business Consultant exceeded our expectations. How they guided us in the process and helped us make the right decision for the kind of a company we needed . The professionalism through the process, our company got the documents just like we wanted sooner than we thought.
The commitment by the Associates like Albert!!
Happy to recommend anyone looking into taking a step towards this.
Thank You for your services.
Junaid Khan
2020-12-19
Only one word for East Africa Consultant team;
“commitment kept commitment made”
Excellent team.
Titus Kilango
2020-12-15
A very interactive and friendly experience, I can definitely advice anybody to try EABC for a cutting edge experience. I will definitely be back.
Z Hussain
2020-11-25
A extremely professional, trustworth and worldclass service. The team helped me navigate all my options and were completely transparent and up front about costs,which were extremely competitive. The team successfully and smoothly navigated all the required administrative processes, all on an expedited timeline. The communuication is first class and I would highly recommend them.
Ash Shah
2020-11-17
Recd great service…the guy whom I dealt was Anthony
Keffys Chain Of Stores
2020-11-11
My experience with East Africa Business Consultants was great. Everything was delivered in time as promised. I got all the documents needed and all my questions were promptly answered. I’d recommend them to anyone who might need their services.
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