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The High Court Compels Parents and Spouses to Bequeath To Their Biological Family Members.
(The Existed Doctrine of Absolute Testamentary has been modified with strict terms) The Doctrine of Absolute Testamentary is the principle which confers the testator with testamentary capacity to undisputed discretionary power without any limitation to dispose his...
Tax Planning: Do You Mitigate or Avoid?
The saying that no likes paying taxes is closer to the truth than not. For companies, corporate tax is considered as a material cost which should be minimized or avoided at all. To achieve that end, tax planning comes into play. But the bad thing is, there is no clear...
Share Warrant: Current Practice In Tanzania
Share warrant is a document issued by a company under its common seal, granting its bearer specified shares or stock. Unlike share certificate which is a written document prepared by the company under its common seal and sent to its members containing the number of...
Trade Union and Agent Shop Agreement In Tanzania
Tanzania indicates impressive economic growth which has significantly fostered the country to be profiled as a low-medium income country in 2019. This is also a positive indicator in the labour market where the real minimum wages continue to deteriorate slightly,...
A Brief Guide on Legal Requirements In Starting A Wildlife Ranch In Tanzania.
Introduction Tourism is a significant industry in Tanzania’s economy. For instance in the year 2018, the contribution of travel and tourism to GDP (% of GDP) of the United Republic of Tanzania was 11.7 %. Tourism investment is a profitable business to investors, local...
Rights of Minority Shareholders to Petition for Winding Up of a Company
Operations of a company are normally dominated by the decision of majority shareholders. In some occasions, the dominance of majority shareholders in decision making may jeopardize the interests of the minority shareholders. This might be the case because in the...
What To Do Before Importing, Distributing, Selling, Installing and Operating Electronic Equipment in Tanzania.
With the development of Information and Communication Technology (ICT) and the rapid growth of the digital world, importation, installation and operation of electronic equipment such as Voice Over Internet Protocol (VOIP), SIM BOX to mention but few is inevitable....
The Law On Single Shareholder Companies In Tanzania
The laws in Tanzania allow a company to be established by one person as a single shareholder. A Single Shareholder Company is a type of company which has limited liability and limits the number of its shareholder to one person. The setup of a single shareholder...
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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.
