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 »
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 »
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 »
On 30th June 2022, The Finance Act No. 5 of 2022 was ratified by the President of Tanzania Hon. Samia Suluhu Hassan to impose and to amend certain laws relating to the collection and management of public revenues effectively from 1st July 2022. Burhani Associates & Co have summarised a list of key amendments in
Highlights of the Finance Act 2022 Read More »
The Anti-Money Laundering Act of 8th March, 2022 was enacted to amend the Anti-Money Laundering Act and to make consequential changes to other related laws. We have summarised key notes for these amendments.
Legal Updates On The Anti Money Laundering Act 2022 Read More »
On 13/5/2022 The Bank of Tanzania (BOT) issued The Foreign Exchange Regulations, 2022 which was published in the Government Notice No. 294 under section 6 (1) of the Foreign Exchange Act, Cap 217 R.E. 2002 as amended.
Regulation of Foreign Exchange under the Foreign Exchange Regulations 2022 Read More »
On 14 May 2021, the Minister for Industry and Trade for Tanzania announced the mandatory requirement for companies incorporated or registered under the Companies Act in Tanzania to submit information concerning their beneficial owners. Burhani Associates & Co have compiled a summary of this requirement and how companies can comply before the deadline of 31st
Beneficial Ownership of Companies in Tanzania Read More »
