Services to investors
Tanzania Investment Centre (TIC) is the first point of call for potential investors. It is the primary agency of the government responsible for coordinating, encouraging, promoting and facilitating investment. By law, all government departments and agencies are required to cooperate fully with TIC in its efforts to fulfill it's mandate.
A one stop facilitation centre assists investors (local and foreign) provided they have projects worth 100,000 USD for Tanzanians and 500,000 USD for foreigners.
The one stop facilitation centre facilitates access to incentives, company registration, business licenses, tax payment, the access to land, work permits, resident permits, occupational services certificate, food and drugs certification and environmental impact assessment certificate.
Investors in Mining and petroleum get their licenses from the Ministry of Energy and Minerals (MEM). Projects that require Public – Private-Partnership (PPP) are coordinated and facilitated by TIC and the Ministry of Finance.