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Articles Archive

TAX UPDATE: THE TRANSFER PRICING IMPLICATIONS ON SHAREHOLDERS’ LOANS FOR TANZANIA BUSINESSES

February 20, 2023

Why related party financing? Conformity of intra-group financing to the arm’s length principle What transfer pricing method should one use to test intra-group financing Are interest-free loan arrangements a safe business decision? The maximum limit of interest that is deductible on related party loans Introduction It is a common phenomenon in the business arena for […]

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TAX UPDATE: THE PORTAL FOR TAX REGISTRATION OF NON-RESIDENT ELECTRONIC SERVICE PROVIDERS IS NOW OPEN

January 19, 2023

Who is “a non-resident electronic service provider” and liable for registration? What are the registration procedures? What are the timelines for tax payment and return filing? Other important aspects to note! 1. Introduction Following the recent amendments passed on 01st July 2022 that saw the establishment of Digital Service Tax (DST) to non-resident electronic service […]

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INVESTMENT UPDATE: A WALKTHROUGH INTO THE NHC JOINT VENTURE POLICY 2022. HOW CAN INVESTORS BENEFIT FROM THIS?

November 29, 2022

What are the key terms and conditions that prospective investors should be aware of? What are the available options for investors to venture with NHC? The currently available opportunities for investors to grab. A look into the Legal, Regulatory, and Tax implications to be considered by investors. 1. Introduction On the 16th of November 2022, […]

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THE LAW, PRACTICE AND PROCEDURE ON ALTERATION OF MEMORANDUM AND ARTICLES OF ASSOCIATION OF A COMPANY IN TANZANIA.

September 12, 2017

1.0 Introduction  Alteration of the memorandum and articles of association is permissible for companies registered in Tanzania. This may be done when a company seeks to alter its objects contained in its memorandum or when the company is converted from private to public and vice versa. Read More

Popular Articles

  • NEW REGULATIONS ON WORK PERMITS IN TANZANIA posted on May 15, 2017 | under Articles
  • COMPANY VOLUNTARY WINDING UP: LAW AND PROCEDURE IN TANZANIA posted on March 8, 2017 | under Articles
  • UPDATE ON TANZANIA SUCCESSION LAW: PROBATE AND ADMINISTRATION OF ESTATES LAW: PROTECTION OF BONAFIDE PURCHASER OF A PROBATED ASSET IN TANZANIA posted on December 10, 2018 | under Articles
  • LITIGATION LAW UPDATE: WHAT LITIGANTS SHOULD KNOW REGARDING THE RECENT AMENDMENTS TO THE TANZANIA CIVIL PROCEDURE CODE, CAP. 33 R.E. 2002; VOLUME I. posted on June 29, 2019 | under Articles
  • BREAKTHROUGH ATTORNEYS’ OVERVIEW OF THE TANZANIA’S BUDGET FOR THE FINANCIAL YEAR 2020/2021 posted on June 23, 2020 | under Articles

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Breakthrough Attorneys is an ultramodern legal practice based in Dar es Salaam, Tanzania having a spectrum of cross-borders practices that caters for local and multinational corporations, financial institutions, government entities as well as business private individuals concerning their legal needs around the globe.
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