In Tanzania company / branch registration is governed by the Companies Act of 2002 and fall under the Business Registration and Licensing Agency (BRELA), which is under the Ministry of Industries, Trade and Investment. We specialise in company formations and the setup of the business.

Other services include the following:

With the positive changes being implemented by the government, the tax environment in Tanzania is changing amidst frequent legislative amendments to improve the efficiency of tax collection and combat non-compliance. This has added to the administrative burden on taxpayers and brought new complexities to the interpretation of tax legislation.

We provide tax compliance which include the preparation/calculation, review and submission of the provisional and final tax returns, Withholding tax and VAT compliance.

When required we will provide tax advice, answers to questions and/or opinions on tax matters and attendance at meetings for tax audits etc. We shall be able to advise you on the tax effects of proposed business transactions, such as mergers and reorganisations and the acquisition/disposal of businesses.

Karimjee Consultants offer a comprehensive multi-disciplinary service to help plan your way through complex tax transactions . Our knowledge and experience enables us to provide forward-thinking guidance and clear advice on tax matters and the litigation process in Tanzania.

Our expertise includes tax advices on various matters, review TRA notices of assessment to tax, and where appropriate lodge objections or appeals against such assessments; advice on tax payments to be made as a consequence of assessments raised assisting and representing taxpayers in negotiation and settlement of disputes with Tax Revenue authorities(TRA) during tax audits, tax litigation with TRA before Tax Revenue Appeals Board and The Tax Appeals Tribunal.

In today’s business era, you need to react to opportunities and threats faster than ever before, while implementing long-term strategies to plan for future success. Karimjee Consultants specializes in providing professional and personalized guidance and assist you to manage your business effectively.

We are able to provide sound advice across all levels of organisational control on systems and procedures to ensure sound governance, while fulfilling responsibilities to stakeholders. Our recommendations are tailored to suit your company’s vision, highlighting any weak spots and filling in any gaps as we go. Our services include drafting and reviewing of contracts and agreements, due diligence and facilitating banking and financial advisory services.

We are passionate about ensuring that your accounting and payroll requirements are handled professionally and stay up to standard. We provide fully-comprehensive accounting and payroll service tailor-made to meet individual requirements with strict confidentiality and a flexible fee structure.

Accounting services include transaction processing, accounts payable and staff expenses, accounts receivable and billing, fixed asset recording, monthly management accounting; and preparation of statutory financial statements.

Payroll services include calculating, communicating, and remitting net salary to employees, Pay-As-You-Earn (PAYE) to TRA, Skills & Development Levy (SDL) to TRA and National Social Security Fund (NSSF)/Parastatal Pension Fund (PPF) and Workman’s Compensation Fund to the relevant authority on a monthly basis.

We assist in the support of a secretarial function where we act as Company Secretaries. We also provide company secretarial support services where we work together with the in-house company secretary on various secretarial issues.

Our Company Secretarial services include custodial & compliance, secretarial support function and training, management of meetings & Board support, statutory health check and advising on the corporate governance matters pertaining to the Companies Act, rules and regulations applicable in Tanzania.

We specialize on dealing with matters pertaining to changes in shareholding including changes in share capital and the shareholding structure, transfer of shares, allotments, bonus issue, rights issue, consolidation etc.

With increasing pressure to complete transactions to timescale, within budget and with minimal risk, whilst still deriving real value from the transaction, Karimjee Consultants offers a comprehensive range Security Trustee Services.

Our services include Bond/Note Trustee, Security/Collateral Agency, Employee Share Option Plan (ESOP) Trustee, Escrow Trustee Services and Corporate Nominee (Shareholder). We can assist the Trustees in performing the required duties, maintain trust records, attend and regulate trustee meetings, produce Minutes, follow up on required actions and comply with other regulatory requirements.

Insolvency matters are complex and require efficient communication with creditors and stakeholders. All companies incorporated in Tanzania are subject to the local insolvency law and fall under The Registration Insolvency and Trusteeship Agency (RITA).

Winding-up is a process by which life of a company is brought to an end and its property administered for the benefit of its members and creditors and begins either by court order (compulsory liquidation) or by Members passing a resolution to wind-up.

We offer services on all types of judicial and non-judicial insolvency procedures and assist our clients to select the appropriate route in restructuring and winding-up.