
Our M&A services are solely limited to legal services which are needed to complete the M & A transaction. We commonly offer legal support on the following issues:
- M & A Due diligence;
- Private M & A;
- Public M & A;
- Corporate reorganization;
- Commercial partnership;
- Joint ventures.
- Merger notifications.
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Frequently Asked Questions
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What is the fair competition threshold for notification of merger?
In Mainland Tanzania, NGOs are legally governed by the Constitution of the United Republic of Tanzania of 1977, the National NGOs Policy, 2001 as well as the NGOs Act Cap 56. The NGOs Acts, among other requirements calls for compliance, transparency and accountability.
Moreover, NGOs being body corporates as prescribed by Section 31 (a) and (b) of the NGOs Act, they are required to abide by the laws governing their operations, such as the Immigration Act, Tax Administration Act, Employment and Labor Relations Act and other written laws. NGOs are also obliged to respect the culture and tradition of the people and communities in which they operate.
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What are the most common type of mergers and acquisition in Tanzania?
Staring a
An application for the registration of an NGO should be accompanied by the following documents:-
i. Dully filled in application form;
ii. Constitution;
iii. Minutes of the meeting;
iv. Recommendation letter;
v. Copy of a certificate of incorporation and a resolution (for an international NGO);
vi. CVs of office bearers.
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How long does it take to set up a new company in Tanzania?
An NGO is a taxable entity in Tanzania. However NGOs that are recognized as a charitable organization enjoys some favorable tax incentives under section 64 of the income tax act.
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How much does it cost to register an NGO in Tanzania?
The registration fee of an NGO differs depending on the level on which it is established. Below are the current fees of different levels an NGO can be established:-
District level: TZS.80,000/=
Regional level: TZS.100,000/=
National level: TZS.115,000/=
International NGO: USD.350.00 -
How many members should be in an NGO?
In order to establish an NGO you must be at least five members.
If the NGO you intend to register is an international NGO, at least two the members must be Tanzanians.
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