BRELA Company Registration Fees (Local Company)

The BRELA fees payable during registration of local company are comprised of main registration fee, filing fees and stamp duty.

There are three fees that you will pay to BRELA while registering a local company in Tanzania. Those fees are (i) main registration fees, (ii) filing fees, and (iii) stamp duty. Below are details of each of the three.

Summary of the Fees

The table below gives a summary of the fees you should expect to pay while registering a local company with BRELA in Tanzania.

SNCAPITAL RANGE (TZS)REG. FEEFILING FEESTAMP DUTY*TOTAL
120,000 to 1mil95,00066,0006,200167,200
21mil to 5mil175,00066,0006,200247,200
35mil to 20mil260,00066,0006,200332,200
420mil to 50mil290,00066,0006,200367,200
5More than 50mil440,00066,0006,200512,200

* Stamp Duty Fee for Memarts has been amended in Finance Act, 2021 to be 10,000/= but the ORS system still charges 5,000/= up to the date of posting this article.

Detailed Fees Structure

1. BRELA Main Registration Fees

These fees vary depending on the capital that the company intends to register. The table below shows capital ranges and respective fees:

SNCAPITAL RANGE (TZS)FEE (TZS)
120,000 to 1mil95,000/=
21mil to 5mil175,000/=
35mil to 20mil260,000/=
420mil to 50mil290,000/=
5More than 50mil440,000/=

2. BRELA Filing Fees

These are fees that are based on the number of documents filed and is Tshs 22,000/= per document. Note that during registration, a company files three documents namely (i) memorandum of association, (ii) articles of association and (iii) declaration of compliance. Hence the total filing fees payable during registration is Tshs 66,000/=

SNDETAILSFEE (TZS)
1Memorandum of Association*22,000/=
2Articles of Association*22,000/=
3Declaration of Compliance (Form 14b)*22,000/=
 TOTAL66,000/=
* Must have lawyer stamp (i.e. should bear witness of someone registered as Notary Public, Commissioner for Oaths and Advocate)

3. BRELA Stamp Duty Fees

The fee if 5,000 for memarts and 1200 for the declaration of compliance (form 14b) and is collected by virtue of the Stamp Duty Act. The duty is payable by companies intending to do business for profits and is exempted to companies that don’t plan to do for-profit businesses.

SNSTAMP DUTYFEE (TZS)
1On memarts*5,000/=
2On declaration of compliance (form 14b)1,200/=
 TOTAL6,200/=
* Stamp Duty Fee for Memarts has been amended in Finance Act, 2021 to be 10,000/= but the ORS system still charges 5,000/= up to the date of posting this article.


Published by Kessy Juma

Kessy Juma

Kessy Juma is the founder of Miamia Trading Company (miamiatz). He is a Techpreneur with roots in accountancy. He believes that any business is good as long it caters the right market using the right strategy.

miamia miamia miamia miamia


Published by Kessy Juma

Kessy Juma Kessy Juma is the founder of Miamia Trading Company (miamiatz). He is a Techpreneur with roots in accountancy. He believes that any business is good as long it caters the right market using the right strategy.

miamia miamia miamia miamia
Was this page helpful?
YesNo
Scroll to Top