Abolition of annual motor vehicle license and increase of excise duty on fuel. Abuse of charitable status by charitable organizations addressed. Withholding tax to small and medium scale miners. Emphasis on Government e-payment system (GePG). Abolition of VAT on transit goods to be consumed outside Tanzania. The Finance Bill, 2017 (“The Bill”) dated 2nd June, […]
Transfer of Foreign Currency from Tanzania; The Governing Law and Procedure
• Impact of the centralized economy on foreign currency transfers. • Roles and Responsibilities of the Banks, Financial Institutions and Authorized Cash Dealers. • Bureau De Change vested with a new role of foreign currency transfer. • Transfer of Foreign Currency by Investors. • Limit of Foreign Currency to Residents travelling abroad. • Financial Crimes […]
NEW REGULATIONS ON WORK PERMITS IN TANZANIA
Criteria and conditions for issuance of each type of work permit Employment of Refugees Employment of non-citizens in the public sector Bulk recruitment of non-citizens Report on cessation of employment and failure by non-citizen issued with work permit to enter Tanzania within stipulated time Work permits for shorter period than stipulated in the Act (Short-term […]
LAW AND PROCEDURE RELATING TO EXPORTATION OF MINERALS IN TANZANIA
Conditions for grant of export licenses. Special conditions on export of minerals by non-residents. Royalty for exportation of minerals. Precautions for considerations in export of minerals. Online Cadastre Mining Portal. 1.0 Introduction Export refers to the shipment of goods produced in one country to another.In a country of destination an export becomes an import. Produce […]
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