How to Register a Company in Tanzania

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  How to register a Company in Tanzania-FAST How to register a Company in Tanzania-FAST Now registering your company has been made easy and simplified. In fact; now it will take only two days to five days to get your company fully registered in Tanzania. Only BRELA is responsible for company registration. With share capital minimum of only 20,000Tsh (~ 9 USD) as your initial share capital to register your company. S o actually you don’t need capital to register a company in Tanzania. Only registration fees (assuming you have at least 9 USD as your share capital) Hare is Brela total registration fees (registration, filling and Stamp duty fees) Brela total company registration costs Requirements The company must be registered by at least a minimum of two persons/directors (required by 2002 companies act) (i) National Identification Number (NIN) from NIDA is required for all registrations service at BRELA (ii) Foreigners who want to register a company Must use particulars of their Passports issued by their respective Countries or National Identification Number (NIN) issued by the National Identification Authority (NIDA). (iii) Tax Identification Number (TIN) issued by their Tanzania Revenue Authority (TRA) any TIN you have regardless is your business TIN or Non- Business (from your driving license) TIN. If you don’t have you can create your TIN fast via TRA online But you will need to have National Id (NIN)  –  HERE   (iv) Preparation of Memorandum and Article of Association Must be sealed /stamped and verified by Lawyer NEED HELP? In case you need these things as fast as possible without hustles; we do business consulting. You can hire us to help you from Preparing Company Memart (Memorandum and Articles of association), Lawyer, and company registration (filling and submission) until you get your company. All these things can be accomplished fast and hustle free. We also deal with Logo design, professional Business Company seals/stamps, Website, business email and Hosting, Business cards design and Printing, flayers & brochure design and printing. Also with have all in one Business management and Accounting software. NB: We are not affiliated with Brela, and we are not Brela agents. what we only do is to help you through for Brela to register your company. Contact us Kingbest Company Limited 0754210627 / 0625992014 (Call/Whatsapp/text) Related REQUIREMENTS FOR OBTAINING MICRO-CREDIT COMPANY BUSINESS LICENSEAugust 1, 2019In Anza Biashara   JINSI YA KUFUNGUA KAMPUNI NA MAHITAJI YAKEJuly 29, 2019In Anza Biashara UNATAKA KUFUNGUA KAMPUNI? HIZI NI FAIDA ZA KUFUNGUA KAMPUNIMay 11, 2019In Anza Biashara Subscribe for New article notification Subscribe for New article notification Join our mailing list to receive the latest articles and updates from our team.  Registration Procedure   Criteria for Registration of Contractors  Any contractor applying for registration or upgrading to a particular class will be evaluated on the basis of the criteria defined in the Section 10 of the Contractors Registration Act. Basic Requirements  There are three basic requirements for any person or group of persons applying for registration as a contractor ; namely: Such a person has a Certificate of Registration from the Registrar of Companies either as a Limited Company, partnership or sole proprietorship. In the case of Limited Liability Company the Certificate must be accompanied with certified copy of Memorandum and Articles of Association. Partnership and sole proprietorship firms must submit certified copy of Extract from the Registrar of Companies. At least one of the shareholders or partners must have the minimum technical qualifications stipulated in Schedule and should not be employed elsewhere. The Board will review the curriculum vitae of each shareholder or partner as the case may be to ensure that they are persons of good profession and general conduct. The registration of Partnership and Sole Proprietorship are limited up to class six only. Procedure for Registration or Upgrading of Contractors Applications for permanent registration  Applications for first registration and upgrading on permanent term shall be submitted on Form CRB-F1 and CRB-F2 issued by the Board on payment of application fee presecribe in table 13 of the second schedule.The dully filled application form should give the following information: The company profile  Applicants financial status, including liquidity, annual turnover and value of fixed assets supported by bank statement, audited accounts and assets valuation report Particulars of key personnel employed by the firm including their certified certificates, updated detailed CV and employment contracts. Particulars of equipment owned by the applicants supported by certified true card for their registration or proof of ownership. Firm's experience in the field of application indicating particulars of major projects executed in the last three years supported by copy of contracts and certificate of project completion.  Names and qualifications of at least two referees who must be registered professionals. A signed declaration undertaking to comply with the conditions of registration and non-involvement in corrupt practices in Form CRB - F5 Apart from the information each director / shareholder or partner will be required to fill a  prescribed Curriculum vitae form to provide personal bio data, academic and professional training, and professional experience (see Form CRB - F6). Other attachments are listed at the end of the application form.
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