How do I register a real estate company in Tanzania?
- Acquired a Business Premise by Renting or Owning a Premise.
- Register a Company or a Business Name to the Business Registration and Licensing Agency (BRELA)
- Register for Tax Identification Number (TIN) to Tanzania Revenue Authority (TRA) (Link to TRA website be provided)
How much does it cost to register a company in Tanzania?
Fees and timelines in 2022
Incorporation costs in Year 1 amount to US$8,300 and annual company costs in Year 2 and thereafter amount to US$1,150. The average total fees per engagement amounts to US$27,750 including Tanzania company incorporation, registered Tanzania office, estimate of government fees and bank account.
How long does it take to get a business license in Tanzania?
If all the above-mentioned procedures were followed properly by the applicant, the license will be provided within one day. Applicant can collect their license on the same day of application.