Short title this act may be cited as the business names registration. Act, 19, as applied to tanzania or in table a in the first schedule to this act. Zanzibar business and property registration agency bpra is a government institution based in zanzibar. The act also provides and considers development of best practices in corporate governance by providing. Fortunately, in recent years, the kenyan government has.
Hence written miscellaneous laws no 3 of 2019 was passed in. It is closely connected to major african countries and borders. The companies act, cap 212, governs the registration of companies in tanzania. Firms and persons to be registered subject to the provisions of this act. A foreign investor may opt to register a new limited liability company local company or seek business existence of a foreign company in tanzania by establishing foreign. Since 2003, healy consultants group plc has been efficiently and effectively assisting our clients with establishing a business in tanzania. S 167 1of the companies act requires every company to deliver to the registrar a copy of the. The registration of companies in tanzania requires for a public company to be formed. The registration of a business in tanzania involves various entities and is a process that takes between 7 to 14 working days. A company is treated as a foreign company, when it is incorporated by the laws of the foreign countries or its management, majority number of the shareholders are foreigners and where management control are exercised outside tanzania.
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. Company registration and formation in the united republic of tanzania is not a union matter as such companies are registered and. This act may be cited as the business activities registration. The republic of tanzania is a sovereign state located in eastern africa. On this page you will find links to guide on the basic issues you need to do when you start up a business as an individual, a partnership.
Every overseas company that establishes a branch in tanzania must submit accounts in such form, contain such particulars and together with such other required documents, as if the. The business registrations and licensing agency brela has completed the development of a modern online registration system ors, the system comprises registration of companies. Company registration, change of particulars, filing company related documents. Stamp duties in case of shares registered in branch registers. Registration of a business in tanzania stallion attorneys. The land registration act cap 334, makes it compulsory for all surveyed land to be registered.
Business registration act, 2005 eregulations tanzania. Frequently asked questions on company secretarial online registration system. The mission of the board is to regulate engineering practice in tanzania and promote engineering excellence amongst local engineers and engineering consulting firms with a view. The registration of a company in the united republic of tanzania is under companies act, 2002 and ngos under nongovernmental organization act no. The business names registration act an act to provide for the registration of business names. Breakthrough attorneys changes to the companies law in. To register a company in tanzania is a right of those who wish to associate and form themselves into a company pursuant to the existing company laws. Tanzania fertilizer regulatory authority tfra ministry. Tanzania fertiliser regulatory authority tfra was established under the fertilizer act no. For an entrepreneur or an investor, it is recommended to use.
Registration of ngos in tanzania according to the ngo act no. Registering a company in kenya was once a difficult and complicated process. Chapter 212 the companies act an act to regulate trading. Business activities registration act 2005 business activities registration act. Ngo registration in tanzania is governed by the nongovernmental organizations act, no. Essentially, this weakens the value of a certificate of incorporation under the companies act of tanzania.
The tanzania investment act, 1997 the tanzania trade development authority act, 2009. Specifically, section 4 of the act now defines a company to mean a company formed and registered under this act the companies act or an existing company established. The act also provides and considers development of best practices in corporate governance by providing the post compliance requirements. Registering a foreign limited liability company in tanzania as a branch, that is, having an established place of business in tanzania. Bpra zanzibar business and property registration agency. Company secretarial online registration system rsm tanzania. Application of act to companies registered under the repealed indian. Business name registration, change of particulars, paying annual maintenance fee, cessation and data update. Enacted by parliament ofthe united republic of tanzania. The business and property registration agency bpra this is the. It is be done through business registration and licensing agency brela.
Their offices in tanzania are treated as branches of foreign company. Tanzania carries on the business wholly or mainly as nominee or trustee of or for another person, or other persons, or another corporation, or acts as general agent for any foreign firm, the first mentioned firm, individual or corporation shall be registered in. Companies act chapter 486 revised edition 2012 2010 published by the national council for law reporting with the authority of the attorneygeneral. Breakthrough attorneys business in tanzania by a foreign. To register a business entity in tanzania is very simple. A private company tends to be smaller than a public company and cannot issue shares to the public. Company registration in tanzania register a company in. This act may be cited as the business activities registration act, 2007 and shall come into operation on such a date as the minister may, by notice published in the gazette, appoint. The business registrations and licensing agency brela has completed the development of a modern online registration system ors, the system comprises registration of companies, business names, trade and service marks and their respective post registrations, issuance of patents and industrial licenses.
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