We wish to bring to your attention the recently issued Business Licensing (Prohibition of Business Activities for Non-Citizens) Order, 2025, which came into effect under Government Notice No. 487A published on 28th July 2025. Licensing authorities are not permitted to issue or renew licenses for non-citizens in respect of these activities.
Prohibition of Business Activities for Non-Citizens Order 2025 Read More »
The 2025 Finance Act introduces a range of significant changes aimed at enhancing tax compliance, broadening the tax base, and streamlining administrative processes. In this document we share highlights.
We wish to bring to your attention that the government of Tanzania has introduced new rules on the use of FOREIGN CURRENCY under the Foreign Exchange Use Regulations (GN. No. 198 of 2025), made under the Bank of Tanzania Act, Cap. 197 was officially published on March 28, 2025. These regulations aim to streamline financial
New Foreign Exchange Regulations Issued Read More »
Burhani Associates & Co is pleased to present a briefing of the Tanzania Finance Act 2024. Our briefing includes notes on amendments to VAT, the Income Tax Act, the Mining Act, the Excise Management and Tariff Act and other amendments.
Tanzania Finance Act 2024 Read More »
Did you know that 25% of the budget has been allocated development and the 75% allocated to recurrent expenditure?
2024 – 2025 Tanzania National Budget Summarised Read More »
This Article is an update after the release of the Finance Act 2023 and it summarizes some of the major changes of the Finance Act, 2023 that came into force and operation as of 01st July 2023.
The Finance Act 2023 Read More »
The Honorable Minister of Finance presented Tanzania’s Economic updates, Government budget and Tax reforms for the 2023/24-year fiscal year on Thursday, 15 June 2023. The Budget has been set at Tsh 44.39 trillion which is a 7% increase from prior year’s Tsh 41.48 trillion. Our recent article provides an insight on how our economy has
Tanzania Budget 2023-24 -Highlights Read More »
The Tanzania Revenue Authority (TRA) has recently introduced an upgraded electronic tax system in order to enhance the user experience and integration of all systems into single e-filing system. The new electronic tax system is effective from February 2023. Download guidance here:
Upgraded Electronic Tax Systems Read More »
The government of Tanzania has through the Government Notice No. 687 of 25th November 2022 decreed minimum wage for the private sector which is to be enforced with effect from January 1, 2023. The regulations apply to all private sector employees and repeals the Minimum Wage Regulations for the private sector of 2013.
Minimum Wage Regulations No. 45 of 2022 Read More »
As per Section 45A of the Tax Administration Act, 2015 as amended by The Finance Act, 2022, any person who establishes a storage facility with the aim of keeping goods for business purposes is required to register such facility with the Commissioner General. Burhani Associates & Co provides details on these requirements and the relevant
New Storage Facility Requirements Read More »
