Tanzania
Corporate Guide

Is there a requirement to have a fully paid up share capital at the point of incorporation in Tanzania?

There is no requirement to have a fully paid-up share capital at the point of incorporation. However, note that where the shares are not fully paid up, it affects the debt-to-equity ratios. The Finance Act 2022 amended the thin capitalisation rule. Equity is now limited to paid-up share capital at the end of the year of income while previously, it comprised of paid-up share capital, paid-up share premium, and retained earnings.