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Articles Archive

FINANCE AND TAX LAW UPDATE: OVERVIEW OF THE TAX AND NON-TAX CHANGES FOR TANZANIA AS PER FINANCE ACT 2023

July 3, 2023

With the issuance of the Finance Act 2023 which comes into operation on 1st day of July, 2023, there are various tax and non-tax changes to our laws that have been enacted. Below, we have looked into the changes that are worth noting for your business or investment at this point

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FINANCE AND TAX LAW UPDATE: OVERVIEW OF THE PROPOSED TAX AND NON-TAX CHANGES FOR TANZANIA AS PER FINANCE BILL 2023

June 23, 2023

With the issuance of the Finance Bill 2023 dated 19 June 2023, there are various proposed tax and non-tax changes to our laws that if passed will be enacted into law through the Finance Act from 1 July 2023. Below, we have looked into the changes that are worth noting for your business or investment at this point;

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BANKING AND FINANCE LAW UPDATE: THE BOT ESTABLISHES ITS REGULATORY SANDBOX: A LOOK AT THE BANK OF TANZANIA (FINTECH REGULATORY SANDBOX) REGULATIONS, 2023

June 22, 2023

How the Regulations function To whom do the Regulations apply and criteria for eligibility How to apply to be in the Sandbox and Evaluation of the application Assessing the benefits of being in the sandbox Protection of IP Rights while incepted in the sandbox. Is it a concern? Exploring the timeframe for Fintechs to be […]

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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

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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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