TANZANIA INVESTMENT CENTRE (TIC)
TIC is the Primary Agency of the Government for Coordinating, Encouraging,
Promoting and Facilitating Investment in Tanzania.
TIC has established One Stop Facilitation Centre for facilitating the speedy
acquisition of all relevant investment services for prospective investors who want
to start or operate business in Tanzania. The following services provided under the
one stop centre are as follow:
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Immigration Services
Labour Services
Tanzania Revenue Authority (TRA)
Ministry of Lands and Human Settlements services
Tanzania Bureau of Standards (TBS)Business Registration and Licensing Authority (BRELA)
National Environment Management Council (NEMC)
Occupational, Safety and Health Authority (OSHA)
Tanzania Medicines and Medical Devices Authority (TMDA)
National Identification Authority (NIDA)
The Tanzania Electric Company Limited (TANESCO)INVESTMENT OPPORTUNITIES AVAILABLE IN TANZANIA MAINLAND

Investment opportunities available in Tanzania Mainland are categorized into thefollowing sectors: Agriculture & Livestock, Tourism, Manufacturing, Commercial
Building, Transportation, Broadcasting and Telecommunication, NaturalResources, Financial Institutions, Energy, Human Resources Development,
Economic/Infrastructure
INVESTMENT SIZE THRESHOLDS•••Normal Investors: Foreign investors USD 500,000, Local investors USD
50,000Strategic Investors: Foreign investors USD 50,000,000; Local investors USD
20,000,000
Special Strategic Investors: USD 300,000,000

INVESTMENT INCENTIVES SCHEME
The prospective investors can enjoy both fiscal and non-fiscal incentives forinvestments in Tanzania. These incentives include the following: -i.

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Exemption on Project Capital goods
a. Zero Import Duty on capital goods.
b. Zero Import Duty on raw material
Tax Relief on Deemed Capital Goods - Import Duty exempted by 75%
Reduced corporate tax to 20% for the first 5 consecutive years on
Manufacturing of pharmaceuticals, Textile or leather products
Capital Allowance on Agriculture (100%), Mining - first 5 years (20%), Hotels(50%), Fish farming (50%), Tourist services (50%);
Reduced corporate tax to 10% for the First 5consecutive year on Assemblyof motor vehicles, tractors, fishing boats or out boat engine;
Depreciation Allowance (37.5% - 5%)
OTHER NON FISCAL INCENTIVESi.

Automatic Immigration Quota: Initially 10 expatriates during project
implementation. Additional, one expatriate for every 10 jobs created;ii.

Unconditional (Free repatriation) transferability of funds of any currency of:
Net profits, Repayment of foreign loans, Royalties, Fees charges in respectof foreign technology, Remittance of proceeds; and Payment of emolument.
APPLICATION PROCEDURES FOR TIC CERTIFICATE OF INCENTIVES

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Project’s Business Plan/Feasibility Study;
A dully filled TIC application forms;
Company’s Memorandum and Articles of Association.
A certified Certificate of company Incorporation
Evidence of sufficient finance capital available to implement the project
Evidence of land ownership for the location of the project (depending on theproject, certified lease agreement of minimum of 3 years or certified copy oftitle deed).
Company Board Resolution to register the project with TIC.
TIC Receipts as evidence of payment of $1,100 cost of the Application formand Certificate of Incentives.
An overall covering letter to which all the above are attached.
For more details please visit https://onestopshop.tic.go.tz
Website: www.tic.go.tz