Are there any annual compliance requirements that a company must meet in Tanzania?
Holding of annual general meetings as required under the CA. There might be sector-specific requirements with respect to the frequency of the board meetings. For instance, the boards of banks and financial institutions are required to meet at least once every quarter. Furthermore, listed companies also have similar requirements. Please see the other annual requirements below:
- Filing of annual returns as required under section 128 of the CA 2002
- Filing of audited accounts
- Renewal of tax clearance certificate
- Renewal of business licence
- Any other renewal of permits / licences issued by government agencies / authorities / regulators according to the conditions of such permit / licence or legislation