To set up a company in Tanzania; The general requirement is a minimum of two shareholders and two directors; these can be both foreigners or some Tanzanian. NB: The same two shareholders can be directors also. Registration is online through Brela
Also, if you have your company in your local country; you can register your company in Tanzania as a branch, that is, having an established place of business in Tanzania.
But in this article let us focus on local limited liability companies. The company enjoys many advantages including:
✅Distinct and separate legal personality separate from its shareholders.
✅The liability of the shareholders is limited.
✅The business is not dissolved on the death of one of the shareholders or directors.
Company Registration requirements in Tanzania for Foreigners (Assuming we are the one who will help you to do this registration consultancy)
REQUIREMENTS FOR ANY FOREIGNER
- We will need scanned copies of your Passports (for all foreign shareholders).
Passports have almost all the required information
Also, we will need to know your location details as follows.
- Country
- City,
- Zip-code
- First, second, and third-line
- Email address
The scope of our work is as follows;
- Preparing of company memorandum and articles of association
- Lawyer,
- Filling out all forms for company registration
- and performing Brela online application for your company registration.
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