The United Republic of Tanzania

TANZANIA INVESTMENT CENTRE

Mwanzo
Tanzania at Glance
The United Republic of Tanzania was established in 1964 when the sovereign states of Zanzibar and Tanganyika united. Tanzania is 947,300 km2, which includes 54,337 km2 of inland water ...
About Us
The Tanzania Investment Centre (TIC) was established in 1997 by the Tanzania Investment Act to be �the Primary Agency of the Government to coordinate, encourage, promote and facilitate investment in Tanzania and to advise the Government on investment policy and related matters.�
Business Environment
The Tanzania Investment Center (TIC) offers a package of investment benefits and incentives to both domestic and foreign investors. A minimum capital investment of $500,000 if foreign owned or $100,000 if locally owned is required.
Investment Opportunities
Tanzania enjoys an abundance of natural wealth, which offers tremendous investment opportunities for investors in a number of sectors.
Media Centre
Tanzania Investment Centre has established four zonal offices in order to assist Investors who are based in nearby regions to access TIC services without necessarily travelling to Dar es Salaam. The zonal offices are in Kilimanjaro region (Northern Zone), Mwanza (Lake Zone), Dodoma (Central Zone) and Mbeya region (Southern Highland Zone)
Zonal Offices
SME
Tanzania Investment Centre recognizes the great role played by SMEs in building national economy. The full potential of the SMEs sector has yet to be tapped due to the existence of a number of constraints hampering its development.
One stop shop
A project of minimum fixed investment cost at least US$ 100,000 for projects which are wholly owned by Tanzanian Citizen(s) and US$ 500,000 for projects which are wholly owned by foreign investors or if a joint venture.

Overview

Any person who is engaged in business transaction is required to apply business license prior operations.

Business License is categorized in two groups

Group A; All types of business which are regulated or administered by any laws, any business of national or international nature or Governed by policy.
Group B, All types of business which unregulated, any other business which is not of National/International nature or not governed/proceeded by policy.

How to apply

Certificate of Incorporation
Memorandum and Article of Association.
Evidence of nationality of shareholders
Certified lease agreement/title deed
Power of Attorney in case the shareholders of the company are non residents
Tax payer Identification Number (TIN)
Tax clearance
Sectorol approval in case of any business which is regulated or administered by any laws.

Cost

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Important Links

Social Medias

Announcements

29/12/2017

Announcement:This is to inform our esteemed customers that we have opened our Bank Accounts with NMB PLC as follows:....

1/10/2017

Tenders:The Tanzania Investment Centre (TIC) is looking for qualified, competent, dynamic and committed companies to apply for the following tenders.

Business License is categorized in two groups

Important Links

Social Medias

Announcements

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