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Apart from general company law compliances, the firm, based on the acquired knowledge and experience, shall focus on sectoral advisory services on regulatory matters. It shall provide support services on acquisition of sectorial licenses permits and necessary registrations.
This is crucial because, following liberation of the economy, several laws have been enacted to regulate specific sectors of the economy and provisions of services. The laws created agencies to regulate respective sectors specifically. The firm shall act as a link between respective regulatory agencies and the clientele in terms of compliance requirements. The clientele shall be categorized in clusters of practice as follows.
In addition to that the firm shall handle specialized litigation arising from the decision of regulatory agencies such as LATRA, EWURA, TICRA, the government procurement activities, TRA and the Competition Commission.
There is no dispute that China is now an economic powerhouse having substantial surplus to invest abroad. In recent years we have witnessed a surge of Chinese business people coming to invest in Tanzania. Our experience has shown that Chinese investors have been facing a number of problems in that regard due to differences in legal systems between Tanzania and China in almost all aspects.
To guide the Chinese and other oriental investors the firm has prepared a booklet to provide guidance to Chinese Investors on establishing business in Tanzania, initial compliances generally and sectorial, immigration and residence permits, taxation generally common criminal offenses, requirements for sector-wise compliance, Environmental compliance, Labor Law requirement among others.
This shall help the investor to avoid hurdles that they may face in their business undertakings