Compliance notice from BRELA
March 14, 2021

Business Registration and Licensing Agency (BRELA) introduced a new online system.

BRELA directed that Companies that were registered prior commencement of the online registration system must be reconciled by Registrar officials before entered into this new Online Registration System.

Those Companies will be updated and then uploaded to Online Registration System by the company’s owner or Company Secretaries.

That is to say no filing or changes will be accepted without being reconciled to ensure that all records in the file are properly filed ready to be uploaded to the system.

However BRELA has directed that if the Company is quite confident that it’s records in the file with Registrar of Companies are in proper order, can create an Online Registration System account, whereby company will be required to provide registration number and TIN and the company will be verified with TRA then subsequent BRELA will verify the uploaded information and upon your data will be available electronically in the Online Registration system.

CONSEQUENCES OF FAILURE TO UPDATE YOUR COMPANY RECORDS INTO ONLINE REGISTRATION SYSTEM.

As a consequence your company will be prohibited to do any business with banks, financial institutions, public sector or deal with international partners.

Kindly update your records.

Credit: BRELA website

Victory Attorneys & Consultants © 2022

Augustine Dominic Shio

Managing Partner

Augustine Dominic Shio is also known as Mr Shio is a highly sought-after and widely recognized criminal law expert with more than 30 years of experience advising and assisting corporations and individuals charged with white-collar crimes.

Overview

Before founding the firm Mr Shio held several positions in the public sector, he served as a Principal State Attorney at the Attorney General’s Chambers, Legal Advisor at the President’s Office (Commission for Enforcement of the Leadership Code), Director of Legal Services and Complaints at the Ministry of Home Affairs and retired as a Deputy Director of Public Prosecutions at the Directorate of the Public Prosecutions.

Mr Shio is a recipient of the Presidential Medal for his distinctive public services and ethics of the highest order. His distinguished aptitude in handling complex criminal cases, particularly money laundering, economic and organized crimes has enabled the firm to handle high profile criminal cases in Tanzania.

Practice Focus

As the firm’s head of the Financial & Organized Crimes Department, Mr Shio represents corporations and individuals in the telecoms, media & ICT, mining, oil & gas and banking sectors in high profile criminal cases. He has advised and prepared legal compliance models and for large scale agribusiness operators, public listed companies and securities dealers and brokers in line with sector-specific laws.

He possesses vast experience in advising multinational corporations on money laundering and tax evasion throughout the life span of their commercial transactions.

Mr Shio has represented clients in major plea bargaining negotiations at the office of the Director of Public Prosecutions. He is renowned for closing some of the best pleas deals in the country on behalf of many locals and expatriates charged with money laundering, economic and organized crimes and cybercrimes. Additionally, Mr Shio consults and assists criminally charged individuals to secure pre-trail and post-trial bail on serious criminal charges.

Education

Mr Shio holds a Bachelor’s Degree (LL.B Hons) from the University of Dar es Salaam, Certificate in Criminal Justice and Treatment of Offenders from the United Nations Institute (Fuchu, Japan). He is a certified criminal law expert in Money Laundering and Terrorism.

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