|Dar es salaam – The Tanzania commercial capital|
The first step to take when starting a business in Tanzania is to register the business.
As An Individual
As A Corporation
The next thing to do is to get the site for your business
Inspection Of The Site By Tax Officials
Obtain The Signature of The Town-Planning Officer
Get Health Officers To Inspect And Approve The Environment
Another Thing You Need is Electricity
- Register for “Workmen compensation Insurance” at the National Insurance compensation. This will require that you fill out the Workmen Compensation Tariff Proposal Form. You must do this before your company starts to employ workers.
- You should also to apply for pay as you earn (PAYE) and value added tax (VAT) certificate with the Tanzania Revenue Authority.
- Where your business turnover per annum is less than $20,000, you should register your business under stamp duty instead of VAT.
- Depending on the nature of the business you are doing, you may need to get a business License from the Regional Trade Officer. This will require that you submit your company documents to the Licensing Board committee for approval. You will be asked to pay two-third (2/3) of your licensing fee up-front and the balance will be due to be paid, 8 months later.
- You should also get registration number at the National Social Security Fund (NSSF).