Starting a business in Tanzania
Legal Forms of Companies
- Limited Liability Company
-
Number of partners: 2 directors and 2 shareholders
Capital (max/min): TZS 20,000
Shareholders and liability: The liability of the owner is limited to the initial investment.
- Public Limited Company
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Number of partners: 2 directors and 7 shareholders (1 of them being a Tanzanian national and holding at least 40% of shares)
Capital (max/min): TZS 20,000
Shareholders and liability: The liability of the owner is limited to the initial investment.
- Partnership
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Number of partners: 2 shareholders
Shareholders and liability: Unlimited liability
- Sole Proprietorship
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Number of partners: 1 shareholder
Shareholders and liability: Unlimited liability
| Setting Up a Company |
Tanzania |
Sub-Saharan Africa |
| Procedures (number) |
10.0 |
7.5 |
| Time (days) |
29.5 |
21.3 |
Source: Doing Business, 2016
- Business Setup Procedures
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Consult Doing Business Report on Tanzania, to know about procedures to start a Business in Tanzania.
Find out more about Operating a Business in Tanzania on GlobalTrade.net, the Directory for International Trade Service Providers.
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Latest Update: April 2022
Tanzania: Operating a Business in Tanzania
