Profile cover photo
Profile photo
VELMA Law
11 followers
11 followers
About
Posts

BRELA require Company information verification
BRELA has given notice that a company formed before 1 February 2018 must go inline to verify its information (see Daily News Article 23 March 2018).
NB “For non-citizens or foreigners who own companies they will be required to put the numbers of their valid travelling passports.”
 

https://www.velmalaw.co.tz/brela-require-company-information-verification/
Add a comment...

Registration with Workers Compensation Fund (WCF)
The Minister of State in the Prime Minister’s Office, Policy, Parliamentary Affairs, Labour, Employment, Youth and the Disabled, Ms Jenista Mhagama, has warned that stern legal measures will be taken against all employers failing to fully comply with the law, through contributions to the WCF, whi...
https://www.velmalaw.com/registration-workers-compensation-fund-wcf/
Add a comment...

.Tz domain names
Notice has been issued to encourage compliance to register and use .tz domain names Tanzania. Failure to comply will attract fine and/or imprisonment as stipulated under Electronic and Postal Communications Act.

https://www.velmalaw.com/tz-domain-names/
Add a comment...

FBME Notice 28 October 2017
Deposit Insurance Board has announced that reimbursement of insured deposits of FBME Bank Ltd (under liquidation) to depositors will commence on 1 November 2017.


https://www.velmalaw.com/fbme-notice-28-october-2017/
Add a comment...

Survey of companies with foreign liabilities in Tanzania
Bank of Tanzania (BOT) in collaboration with Tanzania Investment Centre (TIC), and National Bureau of Statistics (NBS) is conducting a survey of establishments with foreign liabilities in Tanzania.



The survey will be implemented during November 2017 to March, 2018 and will cover data for 2015...
https://www.velmalaw.com/survey-companies-foreign-liabilities-tanzania/
Add a comment...

Post has attachment
Government directs investors to adhere to the laws
It is reported that the Deputy Minister for Mineral and Energy, Dr Medard Kalemani said at a sideline of the Oil and Gas Conference in Dar es Salaam:

He continued:


https://www.velmalaw.com/government-directs-investors-adhere-laws/
Photo
Add a comment...

Standard Form Consumer Contracts
Fair Competition Commission (FCC) published a second notice in October 2015 that:

With effect from 1 January 2016, all “standard form contracts” should be registered with the FCC and are subject for review.
All standard form contracts in use, should also be submitted for...
https://www.velmalaw.com/standard-form-consumer-contracts/
Add a comment...

Employer registration with Workers Compensation Fund (WCF)
On 27 July 2017 the Minister of State, Prime Minister’s Office, Policy, Parliamentary Affairs, Labour Youth, Employment and the Persons with Disability, instructed all employers (even with only 1 employee) to register with Workers Compensation Fund (WCF). She noted that many employers have not...
https://www.velmalaw.com/employer-registration-workers-compensation-fund-wcf/
Add a comment...

Maybe foreigners may soon own land in Tanzania
Please see this Newspaper Article.  We are watching this space closely.

https://www.velmalaw.com/maybe-foreigners-may-soon-land-tanzania/
Add a comment...

FCC Threshold for Notification
By Fair Competition (Threshold for Notification of a Merger) (Amendment) Order 2017 the threshold for notification of a merger has been increased from TZS 800,000,000 (about USD 360,000) to TZS 3,600,000,000 (about USD 1,600,000).
“Merger” means an acquisition of shares, business or...
https://www.velmalaw.com/fcc-threshold-notification/
Add a comment...
Wait while more posts are being loaded