Establishing a local company:
To conduct any business in Tanzania, regardless of the nature of the market, a business entity must be formed, either through the registration of a Business Name or a Company, but in our case, through the formation of a Limited liability company (LLC) in accordance with the Tanzania Companies Act No 2 of 2002.
To establish a foreign company in Tanzania, the Business Registration and Licensing Agency (BRELA), which is part of the Ministry of Industry and Trade, must be contacted.
One can register a new company in Tanzania or use a company registered in another country and obtain a certificate of compliance in Tanzania.
Requirements to be eligible to establish a local company in Tanzania
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