Where to start



Are you interested in starting a business in Dar Es Salaam? You can contact this foreign direct investment agency in Dar Es Salaam to answer your questions and get started.

About Tanzania Investment Centre

The Tanzania Investment Centre (TIC) was established in 1997 by the Tanzania Investment Act to be "the Primary Agency of the Government to coordinate, encourage, promote and facilitate investment in Tanzania and to advise the Government on investment policy and related matters."

Incentives

The Tanzania Investment Center (TIC) offers a package of investment benefits and incentives to both domestic and foreign investors. A minimum capital investment of $500,000 if foreign owned or $100,000 if locally owned is required.

Fiscal and non-fiscal incentives

  • Access to various services related to permits, licenses and approvals in the TIC One Stop Facilitation Centre. 
  • The recognition of private property and protection against any non-commercial risks. Tanzania is an active member of the World Bank Foreign Investment Insurance wing, MIGA (Multilateral Investment Guarantees Agency). Likewise Tanzania is a member of The International Centre for Settlement of Investment Disputes (ICSID) also a body affiliated to the World Bank 
  • Zero percent (0%) Import Duty on Project Capital Goods, Computers and Computer Accessories, Raw Materials and Replacement Parts for Agriculture, Animal Husbandry and Fishing, Human and Livestock Pharmaceuticals and Medicaments, Motor Vehicle in Completely Knocked down (CKD) form and inputs for Manufacturing Pharmaceutical Products. 
  • Ten percent (10%) - Import Duty for Semi-processed/semi finished goods). 
  • Introduction of pay and refund scheme for excise duty paid on fuel purchased by eligible companies. 
  • 100% capital expenditure to Mining & Agricultural sectors.
  • The Income Tax Laws allows 50% Capital allowances in the first year of use for Plant and Machinery used in manufacturing processes and fixed in a factory, fish farming; or providing services to tourists and in a hotel Thereafter, wear and tear rates apply to the remainder as below: 
  • VAT Deferment granted on project capital Goods such as Plant & Machinery. However the persons has to carry on an economic activity, keeps proper VAT records and file returns, has no Tax outstanding and VAT payable in respect of each unit of the Capital goods is twenty million Shillings or above.

Contact Tanzania Investment Centre

Contact us by phone

Tel: +255(22)2116328-32

Send us an e-mail

information@tic.co.tz

Visit us

Tanzania Investment Centre
P.O. Box 938
Shaaban Robert Street
Dar es Salaam

Home Country Support

Companies wishing to enter a foreign market can actively seek out support by the embassy or consulate of their home country in another city. Staff members are ready to help you begin.

Another source of support and information is the bilateral chamber of commerce of your home country. The chamber may assist your company in several ways, including consulting services regarding market research, trade-show assistance, background verification, preparation of market entry plans and business referral services.

Find your Embassy / Consulate or Chamber of commerce for this city.