Double Tax Agreements

Tanzania has Double Tax Agreements with: Canada Denmark Finland India Italy Norway South Africa Sweden Switzerland Zambia

Single Borrower Limits

Banking and Financial Institutions (Credit Concentration and Other Exposure Limits) Regulations 2014 limit the total amount of credit accommodation which any bank or financial institution may, directly or indirectly, grant to any entity, and its related parties, to 25% when secured by collateral the value of which is at least 125% of the credit accommodation deemed by it … Read more

Model PSA

Read Model PSA 2013. Please contact us if you have any comments or questions. Read some  Oil / Gas here.

VELMA Law Golf with Angel Eaton

VELMA Law is delighted report that Angel has just won and retained her title at the Kenya Ladies Coast Open in Mombasa last week and in July won the Zimbabwe Open. Angel is the youngest ever golfer to take major titles in Tanzania and Uganda. Her role model is the legendary golfer Annika Sorenstam of … Read more

VELMA Law sponsors Tanzanian Golfing Talent

VELMA Law is proud to sponsor Angel Eaton in her endeavours to break into the professional circuit and become the first woman Professional Golfer in Tanzania. VELMA Law will assist Angel with the cost of equipment and travel, accommodation and entry fees for tournaments.  We started with buying her a laptop. We wish her every success in … Read more

VELMA Law sponsors Tanzanian sailors to coaching

VELMA Law is very pleased to support Tanzanian sporting development and pay for the flights to South Africa for 2 sailing instructors Philemon Nasari and Hassan Said to attend on behalf of the Tanzanian Sailing Association the ISAF / Santander Emerging Nations Technical Course for Coaches in Cape Town 4 to 10 March 2013.  They shall return better trained to promote sailing developments … Read more