Tanzania’s company registration processes are pretty straight forward. The procedure of registering a business in Tanzania involves several entities and takes between 7 and 14 working days. It is suggested that an entrepreneur or investor employ the professional services of a Lawyer or a Consultant to register a business since they may advise on the proper description of a business’s scope, which can provide the business with significant benefits.
Those who wishes to incorporate a company may visit www.brela.go.tz to get all the essential information, however it is not as straightforward as it appears, since it can be a time-consuming and lengthy procedure if you don’t know your way around it.
To incorporate a business, you must complete the following steps:
- Perform a Name Search to determine whether the company name you want to use is available;
- If the search is clear, either reserve the name if the firm will be established later, or fill out forms 14a and 14b and prepare the documents.
- Memorandum and Articles of Association for BRELA filing; and certified copies of the Memorandum and Articles of Association for international branches.
- The parent company’s Memorandum and Articles of Association, a notice of the location of the registered office in the nation of residence, a list of directors, and the names of the country’s representatives.
Those who wish to associate and form themselves into a company under Tanzanian company laws have the right to register a company.
From the moment of a name search to the issue of a Certificate of Incorporation, the process of forming a company takes five (5) working days.
Procedures for registering a local business
The registry clears the following: – Applicants submit a letter for name clearing; the registry clears the following: –
- The application name’s availability or non-availability
- Prepare an ISIC-compliant Memorandum and Articles of Association and submit them to the Registrar for the registration procedure.
- Compliance with all regulations pertaining to the company’s creation is stated on form no.14b, which is sworn before the Commissioner for Oath.
- Ethics form signature and stamp
- Signing and dating of the system-generated consolidated form
Contact us today to have your company registered in Tanzania.