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Summary of the procedure
 

Where to go? (7)

You will have to go to the following agencies. The number indicates how many interactions are required with each entity.
Tanzania Investment Centre (TIC) (x 13)
1 3 6 7 8 9 11 12 13 14 17 19 20
Tanzania Investment Centre (TIC)
Public Notary
2
Public Notary
CRDB Bank Lumumba Branch
4
CRDB Bank Lumumba Branch
Standard Chartered Bank Tanzania (x 2)
5 10
Standard Chartered Bank Tanzania
Tanzania Revenue Authority (Ilala regional office)
15
Tanzania Revenue Authority (Ilala regional office)
Tanzania Revenue Authority (x 3)
16 21 22
Tanzania Revenue Authority
CRDB Bank
18
CRDB Bank

What you will get (7)

The objective of the procedure is to obtain those documents.
Certificate of incorporation
8
Certificate of incorporation
Registered notarized memorandum and articles of association
8
Registered notarized memorandum and articles of association
Tax Identification Number (TIN)
14
Tax Identification Number (TIN)
Statement of estimate
14
Statement of estimate
Tax clearance certificate
16
Tax clearance certificate
Business license
20
Business license
VAT certificate
22
VAT certificate

Required documents 

The documents with green band will be provided to you during the procedure.

Memorandum and Articles of association
2
Memorandum and Articles of association
Declaration of compliance form (form14b)
2
Declaration of compliance form (form14b)
Lease agreement (x 2)
2 9
Lease agreement
Passport (x 6)
Passport
Notarized declaration of Compliance (form14b)
3
Notarized declaration of Compliance (form14b)
Notarized memorandum and articles of association
3
Notarized memorandum and articles of association
Notarized lease agreement (x 2)
3 17
Notarized lease agreement
Company registration form (form 14a)
3
Company registration form (form 14a)
Assessment Form
4
Assessment Form
CRDB bank slip (x 2)
4 18
CRDB bank slip
Bank Slip (Standard chartered) (x 2)
5 10
Bank Slip (Standard chartered)
Bank slip 1 (x 2)
6 19
Bank slip 1
Bank slip 2
6
Bank slip 2
TIC payment receipt
7
TIC payment receipt
TIC Payment Receipt
8
TIC Payment Receipt
Estimate of tax payable by installments form
12
Estimate of tax payable by installments form
TIN application form (x 2)
12 12
TIN application form
Title deed
12
Title deed
Certificate of incorporation
12
Certificate of incorporation
Memorandum and articles of association
12
Memorandum and articles of association
Tax Identification Number (TIN) Certificate of a Company
12
Tax Identification Number (TIN) Certificate of a Company
Application letter (tax clearance)
15
Application letter (tax clearance)
Stamped application letter
16
Business license application form
17
Business license application form
Certificate of incorporation
17
Certificate of incorporation
Tax Identification Number (TIN)
17
Tax Identification Number (TIN)
Business license
21
Business license
Application and registration form ( VAT 101)
21
Application and registration form ( VAT 101)

How much?

Estimated cost of the procedure  TZS  497,200

change the values with the

Cost detail

Estimate your cost

TZS 10,000
notarization fee for Memorandum and Articles of association
TZS 10,000
notarization fee for lease agreement
TZS 10,000
Notarization fee for Declaration of compliance form form14b
TZS 95,000
More than Tshs. 20,000/= but not more than Tshs. 1,000,000/=
TZS 300,000
TZS 5,000
Stamp duty is charged for each copy of the Memorandum and Articles of Association
TZS 1,200
Stamp duty for Form no. 14b is charged
TZS 66,000
Filling fee for the application, meaning shs. 22,000/= for each document i.e Memorandum and Articles of Association, Forms no. 14a and 14b.
10 %
- TZS 0
of the total amount that will be paid for registering a company
0
1 %
- TZS 0
of lease value - is stamp duty
0
10 %
- TZS 0
of lease value is payable as withholding tax. The tenant withholds the 10% from the value he/she was supposed to pay the land lord
0

How long ?

The estimated total time is calculated by adding the time spent: 1) waiting in queue, 2) at the counter and 3) between steps.
  Min. Max.
Total time (sum): 8 d 15 d
of which:
Waiting time in queue (sum): 1h. 25mn 3h. 30mn
Attention at counter: 1h. 2h. 50mn
Waiting time until next step (sum): 8 d 15 d

Legal justification?

The regulations which justify the procedure and its content
Advocates Act Advocates Act 1955
  articles 15, 16, 17, 18, ss. 14
Business Licensing Act No 25 of 1972 Business Licencing Act No 25 of 1972
  articles 4, 5 11, 12, 14, 17, S. 13, s. 8, ss. 3
Business licencing fees Business licencing fees
Company Act 2002 Company Act 2002
  articles 452, s. 14, s. 30, s.16, ss. 14
Fees payable to Registrar - Regulations, 2014 Fees payable to Registrar - Regulations, 2014
  Article s. 452
Finance Act 2015 Finance Act 2015
  Article S. 49
Income tax act 2008, Revised edition Income tax act 2008, Revised edition
  Article s. 133
Advocates Act Notary Public Act 1928
  Article s. 3
Stamp duty Act 2006 Stamp duty Act 2006
  articles 18, 19, 20, 41, s. 5, ss. 5
Subsidiary legislation of the Tanzania Investment  Act 1997 Subsidiary legislation of the Tanzania Investment Act 1997
  Article s. 32
Tanzania revenue act 2006 Tanzania Revenue Authority Act 2006
  articles 5, s. 5
Value Added Tax (registration) regulations 1998 Value Added Tax (registration) regulations 1998
Value Added Tax Act, 2014 Value Added Tax Act, 2014
  articles 19, 20, 29, ss. 28
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