Tanzania: Waiver of late fees for company documents
The Minister issued notice No. 40 waiving the late filing fee for government documents filed at the Business Registration and Licensing Agency.
Waiver of late fees for company documents
The Minister of Investment, Industry, and Trade (the Minister) on May 24, 2024, issued notice No. 40 waiving the late filing fee for government documents filed at the Business Registration and Licensing Agency.
Section 452A of the Companies Act, Cap 212 empowers the Minister in charge in consultation with the Minister of Finance to waive or expunge 50% of the fees on late filing of documents under the Companies Act with the intention for companies to update their information on the online registration system (ORS).
Waiver conditions
The waiver is applicable to companies that:
- Were incorporated before 2018 and have not updated their information on ORS
- Filed their information on ORS for updating prior to the publication of the notice
- Will file their information on ORS within the period of this notice
The notice is effective for 12 months.
Read a July 2024 report prepared by the KPMG member firm in Tanzania
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