Tanzania company incorporation

10 steps to incorporating in Tanzania

Thanks to our Tanzania business incorporation services, our Client will not have to travel to start his company in Tanzania. Our Firm will indeed complete all procedures on his behalf. Please refer to this page for standard timelines to complete the engagement, which is usually completed following the below steps:

    business incorporation in Tanzania
  1. Before Healy Consultants starts to incorporate our Client’s company in Tanzania, our Firm requests that he or she i) settles our fees requested to project-manage the engagement ii) signs and returns our engagement letter and iii) provides us all the documents required for our due diligence checks;
  2. Our project manager then drafts a detailed project plan for Tanzania company formation and corporate bank account opening services in Tanzania or abroad. This document will map out each step towards engagement completion;
  3. Or Client provides us with an original name search request letter with at least three prospective names company names to be searched. Healy Consultants will then use this letter to clear the business name with the Business Registrations and Licensing Agency (BRELA) in Tanzania;
  4. Our Client provides us with the original lease agreement of their company’s Tanzania business address. If not possible, we will offer virtual office services to our Client for 6 months till then, they can find a requisite local place for business;
  5. Our Client will provide us with the following documents i) declaration of compliance (original) ii) Memorandum and Articles of association (original) iii) proof of identity of all shareholders (copy) iv) power of attorney to a Tanzania resident as an authorized representative of the shareholders (original);
  6. Healy Consultants will prepare the company incorporation forms for Client signature and courier return. After receiving back all necessary documents from the Client, Healy Consultants representatives will get them authorized by a public notary in Tanzania;
  7. Healy Consultants goes through the steps of incorporating a business in Tanzania including i) obtaining certificate of incorporation ii) registering notarized lease agreement iii) obtaining a tax identification number iv) obtaining a business license v) registering for social security;
  8. For Clients that wish to be registered under the Tanzanian Investment Centre (TIC), our bank account opening team will with opening of the corporate account. Next, our Client will make the deposit of minimum paid up capital (US$300,000) and will provide us with the bank statement and certificate of deposit;
  9. For Clients that wish to export, Healy Consultants will help with the additional procedures for export businesses, including filling in shipping documents and applying for export permits (only applicable for certain industries);
  10. Following engagement completion, Healy Consultants couriers a company kit folder, to our Client’s preferred international address, containing the corporate documents including original corporate documents, unopened bank correspondence and a Client feedback survey.

Contact us

For additional information on our company incorporation services in Tanzania, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Karen Lee, directly:
client relationship officer - Karen