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Steps (5) arrow_drop_up arrow_drop_down
Obtain notarized incentive application form  (1) expand_more expand_less
Pay for registration fee  (1) expand_more expand_less
Apply for Certificate of Incentives  (3) expand_more expand_less

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Summary of the procedure

Institutions involved 3 expand_more expand_less

Public Notary
Standard Chartered Bank Tanzania
Tanzania Investment Centre (TIC) (x 3)

Results 1 expand_more expand_less

Certificate of Incentives

Required Documents expand_more expand_less

TIC Registration form (incentives) (x 2)
Certified Passport
Bank slip (stanchart)
TIC Payment Receipt (x 2)
The project’s Business Plan/Feasibility Study
Audited Accounts for the past three years
Bank Statement
Certificate of incorporation
Tenancy agreement
Company Board Resolution to register project
Memorandum and articles of association
Proof of ID
TIN Certificate
Covering letter

Estimated cost Tanzanian Shilling  11,100

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USD expand_more expand_less
  • USD Add Name Here
Tanzanian Shilling 10,000
notarization fee of the application form"
US Dollar 1,100
Certificate of Incentives cost

Total Duration 3 d - 8 d expand_more expand_less

  min max
Total time (sum): 3 d 8 d
of which:
Waiting time in queue (sum): 25mn 50mn
Attention at counter: 10mn 35mn
Waiting time until next step (sum): 3 d 7 d

Laws 7 expand_more expand_less

Advocates Act Advocates Act 1955
  articles 14, 15, 16, 17, 18, ss. 6
Company Act 2002 Company Act 2002
  Article S.16
Finance Act 2014 Finance Act 2014
  Article s. 47
Advocates Act Notary Public Act 1928
  Article S.3
Subsidiary legislation of the Tanzania Investment  Act 1997 Subsidiary legislation of the Tanzania Investment Act 1997
  Article s. 32
Tanzania Investment Act 1997 Tanzania Investment Act 1997
  articles S.17, s. 13, s. 17
TIC PROCEDURES TIC PROCEDURES
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