An Overview of Some of the Requirements for Setting Up Business in Tanzania

June 7, 2016 Posted in Articles

This article highlights some of the guidelines and requirements during business start up in Tanzania. The process of setting up business starts from the business identification process. This is followed by creation of a business entity and obtaining relevant licenses and approvals. In particular this article highlights the procedure for company registration, obtaining investment approval, obtaining general business license, obtaining mining tenements (in case of mining projects), obtaining banking business license (in case of bank formation), obtaining insurance business license (in case of insurance company formation) and registration with tax authorities.