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Articles Archive

Law, Practice and Procedure Relating To Dividend In Tanzania, Under The Companies Act, 2002

January 16, 2017

Important terms to know about dividends generally The procedure for declaration and issuing of dividends Other matters such as unclaimed dividends, and trading of shares cum dividends The term ‘dividend’ is not defined under the law governing companies in Tanzania, that is, Companies Act Companies Act, No. 12 of 2002. According to the generally accepted […]

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Import Duty Exemption For Investors Registered With Tanzania Investment Centre

December 1, 2016

Importation of goods in Tanzania attracts various taxes which include Import Duty, Excise Duty and Value Added Tax. All these taxes are levied on goods imported in the country. This means that investors both local and foreign will have to incur the expenses of paying the taxes imposed on importation of goods in Tanzania. However, […]

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Value Added Tax (VAT) Deferment

November 21, 2016

A massive boost on foreign investment in Tanzania Criteria for eligibility and related issues enunciated Attracting the inflow of foreign investment has assumed a prominent place in the strategies of economic growth of many countries, Tanzania included. Tanzania like many other countries across the globe has resolved to build and maintain an attractive and friendly […]

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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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