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OUR THINKING
A Synopsis on New Regulations on Beneficial Ownership in Tanzania.
By. Catherine M. Mkama. Tanzania has issued new Regulations on the beneficial ownership, Companies (Beneficial Ownership) Regulations, 2023 (the new Regulations) through the Government Notice No. 473 of 2023 and revoked the Companies (Beneficial Ownership)...
Shareholding Structure: Criteria for Assessing Dividend’s Withholding Tax.
By Adv. Rayson Elijah Lucas Head Corporate & Commercial Property Department Structuring a company is one of the most important aspects prior to registration since the setup of the company will determine how the company operates, corporate governance and...
Data Protection Regulations Published in Tanzania
By Adv. Fatma Haruna Songoro Senior Associate Registration certificates for Data collectors and processors to be valid for 5 years Data protection officer of the data collector/ possessor obligated to file quarter reports. Grounds for prohibition of...
Private Sectors Set to Solicit PPP Projects Without Commitment Deposit and With a Guarantee to Get Tax Incentives
By Bertha Nanyaro In January 2023, the Government of Tanzania tabled before the Parliament the Bill named the Public Private Partnership (Amendment) Act, GN No.2 of 2023 which proposes to amend the Public Private Partnership Act, Cap 103 [RE 2018]. The following are...
Registration of Mainland Companies in Zanzibar
COMPANIES IN TANZANIA MAINLAND TO NOW REGISTER A BRANCH COMPANY IN ZANZIBAR TO OPERATE By Catherine Mkama On 22nd of December 2022 the President of Revolutionary Government of Zanzibar assented the Written Laws (Miscellaneous Amendment) Act No. 10 of 2022 which...
Co-Ownership of Land in Tanzania
CO-OWNERSHIP OF PROPERTY: THE EMERGING TREND IN OWNERSHIP OF COMMERCIAL PROPERTY IN TANZANIA. By Rayson Elijah Luka Margaret Mitchell has been quoted saying, “Land is the only thing in the world that amounts to anything for, it is the only thing in this world...
Brief Highlight and Analysis of The Tanzania Data Protection Bill, 2022.
By Fatma Haruna Songoro To apply in both Mainland Tanzania & Tanzania Zanzibar except for non-union matters. Mandatory registration for all data collectors and data processors. Establishment of the Personal Data Protection Commission. Data processors and...
Regulation Of Cross Border Data Transfers (Article 11)
Part 13: Regulation of Cross-Border Data Transfers By Benedict Alex Ishabakaki 13.1 Introduction The world is becoming more connected than ever, multinational companies are operating on a global scale and therefore international data transfer becomes inevitable, for...
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NOTABLE ACHIEVEMENT
RESTORING OF BAHARI BEACH HOTEL
We have managed to advice and work with the government of Libya through its investment company LAICO in restoring its property in Tanzania the Bahari Beach Hotel Limited.
HANDLING CLIENTS ON USAID PROJECTS AND EU FUNDS
We have managed to advise over 20 International and Local NGOs and other not-for-profit entities on legal and regulatory compliance, most especially in the advent of legal 2019 amendments. Our firm boasts experience in handling clients on USAID projects and EU funds.
SECURED THE BEST PLEAS DEALS WITH THE DIRECTOR FOR PUBLIC PROSECUTION (DPP)
We have secured the best pleas deals/plea agreement with the office of the Director for Public Prosecution (DPP) for clients in the Banking & Finance, Telecoms and Wildlife, Tourism and Leisure industries.
HANDLING LIQUIDATION FOR THE FIRST INSURANCE COMPANY
We have created a precedent on Corporate Restructuring & Insolvency through handling liquidation for the first insurance company undergoing voluntary winding up.