Tanzania

We assist global clients looking to do  business in Tanzania with the A to Z of business setup without the need for the client to travel to Tanzania . Some of our services include:

Company / Branch registration

Tax registration and obtaining PIN

Regulatory licenses across all sectors

Personal and corporate bank account opening

Accounting and tax support services

Provision of nominee directors and shareholders

Recruitment and employee hiring

Virtual/Physical Office space solutions

Employment and residency visas

The most common corporate structures preferred by foreign investors setting up in Tanzania include i) the limited liability company (LLC/LTD) and ii) the branch office. See detailed comparison below:

Advantages and disadvantages of Tanzania business setup:

  • Low share capital requirement of US$8 and straight forward setup process that doesn’t require travel to Tanzania.
  • Availability of Government incentives and low operational costs for manufacturing companies.
  • Access to a large East and Southern African market thanks to regional trade agreements.
  • Availability of tax incentives for resident trading companies.
  • Inefficiency and unnecessary bureaucracy in some Government offices to approve certain business licenses and expat work visas.
  • Frequent power failures and poor transport infrastructure.
  • Restrictions on foreign ownership in some sectors including telecommunications, mining and tourism.
  • High illiteracy levels and low English proficiency.
  • Difficulty in employing foreign staff and securing work permits.

Important links:

Company incorporation steps in Tanzania

  1. Choosing a company name: Girimba Consultants shall ensure the name is unique and complies with Tanzania regulations and shall reserve the name with the registration office.
  2. Prepare incorporation documents: We shall draft the Memorandum and Articles of Association and other documents and have the Client append their signatures.
  3. Submission of documents to the Ministry of trade: Girimba Consultants shall submit the incorporation documents to the Ministry of trade Tanzania .
  4. Certificate of Incorporation: The Certificate of Incorporation shall be Issued by the Tanzanian Trade Registry.
  5. Trade Licenses and Permits: Our Team shall obtain the requisite industry specific licenses and permits for the company.
  6. Registration for Social Security: Girimba Consultants shall register the Company with the Tanzanian Social Protection System for employee’s contributions and other agencies.
  7. Registration for Payroll Tax: Our Team will also register the Company with the TanzanianTax Administration.
  8. Opening a bank account: Our Team shall help our Client open a Bank Account with a top tier bank in Tanzania .

    Seek specific business information:

    Let us know more about your business needs by completing the form below. Our team will get back to you within twenty four hours.

    All information provided to Girimba via this form remains confidential, Girimba shall not sell, share or transfer any details to any authority or third parties except as may be required by law. If you however prefer not to fill up the form, you are welcomed to contact us by email or phone directly.

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    Girimba Consulting conducts business with openness, transperancy and honesty.We respect and uphold our Clients’ confidentiality, we offer quality service at affordable rates. Contact us for professional solutions.

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    Clarence S. Carlos

    Regional Cordinator

    Clarence is our regional cordinator and head of business setup secretariat.