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Fees and timelines in 2024

Fees

payment by instalmentIncorporation costs in Year 1 amount to US$8,300 and annual company costs in Year 2 and thereafter amount to US$1,150. The average total fees per engagement amounts to US$27,750 including Tanzania company incorporation, registered Tanzania office, estimate of government fees and bank account.

Different Tanzania entity types Cost Draft invoice
Private LLC US$27,750 View invoice PDF
Public LLC US$29,900 View invoice PDF
Branch of a foreign company US$34,850 View invoice PDF
Representative office US$30,370 View invoice PDF

Click here to create your own Tanzania invoice

Other fee considerations

Timelines

The average Tanzania business registration period is 15 weeks as outlined below:

Service Private LLC Public LLC Branch Office Rep Office
Engagement planning 2 weeks 1 week 1 week 1 week
Company incorporation period 7 weeks 7 weeks 10 weeks 10 weeks
Corporate Bank Account approval 4 weeks 4 weeks 4 weeks 4 weeks
Corporate internet banking approval 3 weeks 3 weeks 3 weeks 3 weeks
Engagement completion 1 week 1 week 1 week 1 week
Total engagement period 17 weeks 16 weeks 19 weeks 19 weeks

tanzania business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Tanzania, please contact our in-house country expert, , directly: