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Shikana Group
On this legal update, we provide an overview of the new regulation, The Banking and Financial Institutions Regulations, Government Notice No. 767 of 2021.
Shikana Group
Undeniably, we live in a world where corruption and money laundering schemes go through financial institutions undetected.
Anjarwalla & Khanna
On 12 February 2021, the Minister for Industry and Trade extended the deadline for companies registered in Tanzania before 1 July 2020 to submit their beneficial ownership information from...
Bowmans
The Fair Competition Commission (FCC) is seeking to impose the maximum penalty (10% of combined annual turnover) against five local parties for allegedly implementing a merger...
Clyde & Co
The Electronic and Postal Communications Regulations were published on 7 February 2020 and make it mandatory for all SIM card users in Tanzania to register their SIM cards biometrically.
Bowmans
The Companies Registry of Tanzania at the Business Registrations and Licensing Agency (BRELA) has issued a notice (the ORS Notice) urging all Tanzanian companies, Tanzanian branches of foreign ...
Clyde & Co
The Business Registrations and Licensing Agency (BRELA) recently issued a public notice for all Tanzania companies and business names
Clyde & Co
In this month's corporate updater, we review the Written Laws (Miscellaneous Amendments) (No.3) Bill, 2019 (the Bill) which includes proposed amendments to the Companies Act (Act No.12) 2002 (the Act).
Clyde & Co
In this briefing, we outline the key changes in the Foreign Exchange (Bureau De Change) Regulations
Shikana Group
The National Assembly in Tanzania is currently debating various changes to legislation through the Written Law (Miscellaneous Amendments) (No 3) Act of 2019, which has been brought under a certificate of urgency.
Adams & Adams
The United Republic of Tanzania comprises Tanganyika, on the African mainland, and the islands of Zanzibar and Pemba.
Clyde & Co
Recently the Business Registration and Licensing Agency (BRELA) launched an online registration system (ORS). BRELA now requires all filings and activities to be conducted through the ORS.
ENS
In practice, the annual return is prepared soon after the annual general meeting at which the accounts are presented.
Clyde & Co
On 29 August 2014, the Government published, by way of notice, the Regulations which set out the process by which companies were going to be required to register their standard terms and conditions.
Clyde & Co
Doing business in Tanzania requires in-depth knowledge of and practical familiarity with the regulations and authorities governing its economic sectors.
Clyde & Co
On 22 August 2012, the Securities and Exchange Commission (SEC) adopted rules obliging oil and gas companies listed in the United States to reveal the details of payments they make to foreign governments.
Rex Attorneys
It was perfectly legal for companies established in Tanzania before the entry of the new Companies Act to credit share premium to profit and loss accounts so as to make them available for paying dividends.
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