Every company, NGO etc registered and conducting business in Tanzania shall register and use .tz domain name (TCRA Notice 2018). Please contact us if you have any comments or questions.
New Tourism Business Licence requirements have been published 26 November 2018. Please contact us if you have any comments or questions.
A Land Transport Regulatory Authority Bill 2018 has been presented to Parliament. If approved this shall establish Land Transport Regulatory Authority (LATRA) to control services in: rail transport; commercial road transport; commercial underground; and cable transport, in place of Surface and Marine Transport Regulatory Authority (SUMATRA). Please contact us if you have any comments or questions.
A Microfinance Bill has been published on 5 November 2018. It is set to regulate licensing and registration of deposit and non-deposit taking microfinance business in 4 tiers: Tier 1 – deposit taking microfinance service providers, such as banks and microfinance banks. Tier 2 – non-deposit taking microfinance service providers, such as credit companies and financial … Read more
With effect from 8 February 2018 there are new constraints for mortgage finance in Tanzania (as per Part IV Written Laws (Miscellaneous Amendments) Act 2018). In short, finance from local or foreign banks (or financial institutions) obtained by mortgages of: any Tanzanian land, must be invested in Tanzania; any un/under developed Tanzanian land, must be used … Read more
TANESCO has published the following 3 Invitations for Qualification: TANESCO IFQ – Large Wind dated 18 September 2018 TANESCO IFQ – Coal dated 18 September 2018 TANESCO IFQ – Large Solar dated 18 September 2018 We have an extensive local energy and projects practice and can assist on any of these IFQs. Please contact us if you have any comments or … Read more
VELMA Law is proud to have been of assistance with it’s pro bono work to set up, and continue to assist, Tanzania Sea Rescue with its legal and constitutional requirements. Hear more about Tanzania Sea Rescue on the BBC World News . “Being a fisherman can be a very dangerous profession. If you’re lucky, you live … Read more
The Public Private Partnership (Amendment) Act 2018 will permit (see section 15(2) PPP Act, as amended) exempt unsolicited proposals from competitive tendering in the following circumstances: the project shall be of priority to the Government at the particular time and broadly consistent with the government strategic objectives; the private proponent does not require Government guarantee or any … Read more
Please see this pdf version of the revised 2017 Global Public-Private Partnership (PPP) Guide in which we have written a section on Tanzanian PPPs, collated and prepared by Cakmak Attorneys at Law, one of the most respected top-tier law firms in Turkey.
TRA has published a fact sheet with Taxes and Duties at a Glance as at July 2018. Please contact us if you have any comments or questions.