Termination Under Employment Laws in Tanzania
The term "termination of employment" refers to the end of the employer-employee relationship. Any participant in this agreement has the right to terminate it according to the agreement's terms and conditions. While it is an agreement like any other, the legislation...
Taxation System In Tanzania
The tax reign in Tanzania includes a lot of different taxes like direct tax, indirect tax, income tax, import duty, stamp tax, value-added, and other taxes. They are divided into three different departments: domestic, customs and excise. And the minister of finance...
Reasons Why Investment Planning Is Important
Investment planning refers to the process of making your financial goals meet investment resources. It allows you to save your money and invest in something by which you can earn more and reach your financial goals. There are many investment plans for you to choose...
Post-Business Registration Compliance: 5 Mandatory Steps You Must Take
To be ready to launch operations following registration does not mean an endorsement to carry out commercial activities. Companies are required to comply with post-registration regulations for compliance, which comprise: 1. VAT Verification Number The...
Market Entry Strategies: How Foreign Businesses Can Invest in Tanzanian Market (Part II)
This article continues to explore the most critical preliminary legal considerations that international enterprises must consider before entering the Tanzanian market. You can find the first installment of the ongoing series here. Trademarks, copyrights, service...
Legalization of Documents in Tanzania
Legalization, also known as attestation, of a document refers to the procedure by which the diplomatic or consular office overseas certifies a document that the host country has issued as genuine. It can be accepted as evidence in the mission's home country. In other...
Legal Advisory Services In Tanzania
Legal advisory firms provide you with a number of services, including giving advice on matters like business growth, legal disputes, workplace conflicts, and corporate governance. As the competition gets tougher with each day, businesses find it hard to come up with...
How To Choose An Investment Advisor?
Many people are not very well versed when it comes to managing their money and making investments. Are you also one of them? If yes, there is nothing wrong with it. Managing money can be tricky, and we know it. Everyone can't know every financial arena, and it can be...
How Taxation Works in Tanzania
The administration of tax and collections in Tanzania is handled through the Tanzania ReveTax Administration and Collections by the Tanzania Revenue Authority (TRA), which is under its Ministry of Finance. Municipal city councils or City Councils also administer and...
Calling and Forfeiture of Shares
The company has the choice not to request the total amount of nominal value of shares and the premium for the shares in one lump sum when submitting the application but could instead request it in installments in accordance with the needs. That means shareholders or...