How To Register Business Name In Tanzania
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How to register business name in tanzania. The united republic of tanzania. Business name registration you first need to conduct a name search by applying for the proposed business name by submitting three names to make sure your proposed business name has not already being registered. Only brela is responsible for company registration. Registering a company in tanzania is a simple and straightforward process. For company registration in tanzania these steps may be followed.
The business names registration ordinance cap 213 statement of particulars by an individual. How to register a company in tanzania. Visit brela s online registration system ors link at the end of this post. Decide on a business structure for your company. Now it will take only two days to five days to get your company fully registered in tanzania.
Register your business name. Business name application applicant has to register themselves in the online registration system ors. Pursuant to section 6. Where a business name is carried on under two or more business names each of these names must be stated. The steps are as below.
Business name to be registered. With share capital minimum of only 20 000tsh 9 usd as your initial share capital to register your company. The first step that has to be taken into consideration while forming a company in tanzania is to select the type of business entity one wishes to form. Choose the legal entity type you wish to run your business as from among limited liability company public company branch or representative office. The processes for business name and company registration in tanzania is as follow.
Now registering your company has been made easy and simplified. The company to be registered in tanzania as a local company must have been formed by the laws of the land and during the registration process an application needs to be submitted with the following. An individual may opt to register the business name to the agency commissioned by ministry of trade and industry known as business registration and licensing authority brela. A copy of a memorandum and articles of the company stipulating the objects and operation of the company. The third scenario is when a corporation wants to start a new business without registering a company.