Government Hub/Investment Procedures

Invest In Tanzania

Guide for foreign and local investors in Tanzania. TIC processes, work permits, tax incentives and business registration.

8 min read

Why Invest In Tanzania?

Tanzania offers one of Africa's most attractive investment destinations with political stability, strong economic growth, abundant natural resources, and strategic location in East Africa. The government has implemented investment-friendly policies through the Tanzania Investment Centre (TIC) with incentives for priority sectors including construction, infrastructure, manufacturing, tourism, energy and agriculture.

Tanzania Investment Centre (TIC)

TIC is the primary government agency for promoting and facilitating investment in Tanzania. TIC provides investment facilitation services, issues certificates of incentives, assists with business registration, work permits and immigration. TIC offers a one-stop centre for investors with representatives from multiple government agencies. Projects meeting minimum investment thresholds (USD 500,000 for foreign investors) qualify for TIC incentives.

Investment Incentives

TIC-certified investments qualify for various incentives including: tax holidays (5-10 years depending on sector and location), customs duty exemption on capital equipment, VAT exemption on imported machinery, deduction of training costs, and accelerated depreciation. Strategic investments in priority sectors may negotiate additional incentives through the Strategic Investors Programme.

Registration Process

The investment process in Tanzania includes: company registration with BRELA, tax registration with TRA, TIC application and certificate, sector-specific licenses and permits, environment approvals (where applicable), work permits for expatriate staff, and registration with NSSF and WCF. The process can take 2-4 months depending on the sector and complexity.

Frequently Asked Questions

How do I invest in Tanzania?
Start by registering your company with BRELA, obtain a TIC certificate for incentives, register with TRA, obtain sector licenses and work permits. TIC provides a one-stop centre for the process.
What is TIC and what does it do?
The Tanzania Investment Centre is the primary government agency for promoting and facilitating investment. TIC provides certificates of incentives, assists with registration and offers a one-stop centre for investors.
What investment incentives are available?
Incentives include tax holidays (5-10 years), customs duty exemption on capital equipment, VAT exemption on machinery, training cost deductions and accelerated depreciation.
How do I get a work permit in Tanzania?
Work permits are obtained through the Immigration Department with TIC assistance for TIC-certified investors. The process requires a valid employment contract, company registration and relevant qualifications.
Can I repatriate profits from Tanzania?
Yes, TIC-certified investments can freely repatriate profits, dividends and capital after complying with tax obligations. Tanzania has no exchange control restrictions for approved investments.

Need Help With This Process?

Our team can provide guidance or connect you with qualified professionals.

Ask Via WhatsApp Contact Us