This is the first contact an investor makes in registering business in Tanzania. Private companies must have a minimum of two shareholders. The application process varies depending on the entity being registered. Trade Names Apply by letter to Registrar. Private Companies Prepare memorandum and Articles of Association once the trade name has been accepted.
Lawyers are available to assist investors .
Several forms are required to be filled and submitted to the Registrar. These include application, list of directors, details of nominal shares, particulars of directors or managers and notice of situation of office, etc. A file Number is established after registration formalities have been completed. Personal Income Taxes Tanzania uses a progressive personal income tax for monthly income over Tshs 30,000. Marginal tax rates peak at 35 percent assessed in monthly income.