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Summary of the procedure

Institutions involved 2 expand_more expand_less

Tanzania Investment Centre (TIC) (x 6)
Standard Chartered Bank Tanzania

Results 2 expand_more expand_less

Derivative right
Sub-title

Required Documents expand_more expand_less

Application letter
Certified certificate of incorporation
Proof of ID (x 3)
NMB Bank slip
Bank Slip (TIC)
TIC Payment Receipt

Estimated cost TZS  500

expand_more expand_less

USD expand_more expand_less
  • USD Add Name Here
This is an estimate based on a series of assumptions which you can modify to calculate your own costs:

Cost detail

Estimate your cost

TZS 0 -
TZS  500 per 
square meter
TZS 0 -
10 %
land vaue is facilitation fee for TIC
TZS 500
Average annual land rent fee per square metre
TZS 0 -
10 %
land rent is facilitation fee

Total Duration 60 d - 71 d expand_more expand_less

  min max
Total time (sum): 60 d 71 d
of which:
Waiting time in queue (sum): 5mn 40mn
Attention at counter: 5mn 40mn
Waiting time until next step (sum): 60 d 70 d

Laws 2 expand_more expand_less

Tanzania Investment Act 1997 Tanzania Investment Act 1997
  articles 5, 6
The Land act 1999 The Land act 1999
  articles 3, 20, 23, 25, 31, 33
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