Name of the Organisation : Tanzania Investment Centre
Type of Facility : Apply for Certificate of Incentives
Location : Dar es Salaam
Country : Tanzania
Website : http://www.tic.go.tz/
Apply for Certificate of Incentives :
Incentives can be both fiscal and non fiscal. Fiscal incentives include :
Import duty and VAT exemption on project capital/deemed capital goods and Import Duty Draw Back Scheme.
Related : Tanzania Investment Centre Importing/ Exporting Goods Via Clearing Agent : www.statusin.org/4833.html
Non-fiscal incentives include immigration quota of up to 5 people, guaranteed transfer of net profits or dividends of the investment, payment in respect of foreign loans, remittance of proceeds net of all taxes and other obligations, royalty fees and other charges, payment of emolument and other benefits to foreign personnel.
Special incentives are provided to strategic investors with projects of over US$ 20 million that offer specific/great impact to the society or economy.
Apply for Certificate of Incentives :
1. Pay for registration application form
2. Obtain TIC payment receipt
3. Submit application for certificate of incentives
4.Obtain project approval letter
5. Pay for Certificate of Incentives
6. Obtain TIC payment receipt
7. Sign and Obtain Certificate of Incentives
Apply for fiscal investment incentives :
8. Submit application for fiscal incentives
9. Obtain incentives approval letter