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Investiment: what to know

Certificate of incentives for investment in Tanzania

Investments are governed by the "Tanzania Investment Act" of 1997.

Tanzania Investment Centre

The government agency is mandated to coordinate, promote and facilitate investment in Tanzania and provide necessary assistance to the Government in the formulation of policy and investment issues.
It shall issued a "certificate of incentives" that certifies the official status as an investor in the country.

Firms wishing to invest in mining and oil are required to follow a specific procedure for obtaining the necessary permissions to carry out their activities, in accordance with the provisions of the Mining Act 1998 and Petroleum (Exploration and Production) Act, 1980.

The main functions of the Tanzania Investment Center are:

Certificate of Incentives

To obtain the certificate in question relate to "new projects, expansion or rehabilitation" shall be the following minimum capital invested:

The application of the "certificate of incentives," is granted with different benefits and incentives related to the economic sector of reference.