Registering a Partnership in Tanzania: A Step-by-Step Guide

If you’re considering starting a partnership in Tanzania, it’s crucial to understand the registration process. Here’s a concise guide to help you navigate through the steps:

🔴Choose a Business Name.

The first step in registering a partnership in Tanzania is selecting a suitable business name. Ensure it is unique and reflects the nature of your business.

🔴Fill Prescribed Form No.

Once you’ve decided on a name, you’ll need to fill out the prescribed Form No. 2. This form captures essential details about your partnership. This form is from business names Registration Act.

🔴Attach and Provide ID DetailsAttach copies of identification documents for all partners involved. This could include national ID cards, passports, or other government-issued IDs.

🔴Pay Requisite Fees.

Registration comes with associated fees. Ensure you pay the required amount to facilitate the process.

🔴Prepare and Submit a Copy of Partnership Deed.

A partnership deed is a crucial document that outlines the terms, responsibilities, and profit-sharing arrangements between partners. It should be witnessed and signed by all partners.

🔴Comply with TRA RequirementsThe Tanzania Revenue Authority (TRA) mandates that you obtain a Tax Identification Number (TIN). This number is vital for tax purposes and should be acquired before commencing business operations.

🔴Obtain a Business License from Local Authorities.

Local authorities have specific requirements for businesses operating within their jurisdiction. Obtain the necessary licenses or permits to operate legally.

Frequently Asked Questions

🔴What are the steps to be followed in registering business in Tanzania?

The stepes of Registering a business are those listed above but it depends of type of business entity you Registering.

🔴How do I register my business online in Tanzania?

🔴how long will take to register busines name in Tanzanis?

This may take up to two to one week it depends with nunber of applications when you applu for name reservation from Brela.

🔴How long does it take to register a business (Partnership) in Tanzania?

It mya take 1 week up to month this depends on number of factors such as number of application submitted in the system.

🔴What agency with a mandate to register a business in Tanzania?

The agency for registration of business names in Tanzania is Business Regulatory licencing agency (Brela) located in Dar es salaaam Tanzania.

🔴How can I get company TIN number in Tanzania?

By visiting Tanzania revenue authority branches. However, if the individual is requesting Business TIN, the Online TIN applicant must visit physically nearby TRA office (having lease agreement/title deed, introduction letter from local Authority) to collect TIN Certificate and provisional tax assessment and Tax Clearance).

🔴How long does it take to get a TIN number in Tanzania?

Upon registration from TRa applicant mau get tin number in 24 hours but depends with number of factors that is minimum time.

🔴How much costs to register business names in Tanzania?

Its costs 20000 Tanzania shilking for application for Registering bhsiness name.