How much does it cost to incorporate a company in Tanzania?
Below are the costs for the most common type of companies formed in Tanzania for business purposes.
Local Company
- Registration fee which, depending on the company’s nominal share capital, ranges between TZS 95,000 (USD 35.70) and TZS 440,000 (USD 165.70)
- Filing fee of TZS 66,000 (USD 24.85)
- Stamp duty of TZS 6,200 (USD 2.30)
A branch of a foreign company
- Submission of a certified copy of a charter / statute / Memarts is (USD 750)
- Registration of any document required to be delivered to the Registrar of Companies, other than the balance sheet, (including but not limited to the Form 434 duly signed and witnessed by a Notary Public or commissioner of oaths)
- Filing of the balance sheet is USD 220
Please note that there would be legal costs in respect of preparation of constitutional documents including Memarts, Forms 14a and Form 14b for a local company or preparation of Form 434, copy of Memarts, certificate of incorporation, copy of recent accounts required for obtaining a certificate of compliance for registering a branch of a foreign company.