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Breakthrough Attorneys

Finance Law Update: Foreign Currency Ban: What Tanzanian Businesses Need to Know

Recently, in the period from the years 2023 to 2024, Tanzania has faced a foreign currency shortage, especially the United States Dollar. This has led to several public notices and guidelines from the Regulators aimed at restricting the use of foreign currency for in-coun..

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Breakthrough Attorneys

Regulatory and compliance update: A guide to initial compliance with Tanzania's Data Protection Act

Tanzania has taken a significant step towards data privacy with the official launch of the Personal Data Protection Commission (PDPC) on April 3rd, 2024. This long-awaited development follows the enactment of the Personal Data Protection Act of 2022. The Act itself was a ..

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Breakthrough Attorneys

Tax update: The Portal for tax registration of non-resident electronic service providers is now open

Following the recent amendments passed on 01st July 2022 that saw the establishment of Digital Service Tax (DST) to non-resident electronic service providers in the Income Tax Act, 2004 and the Value Added Tax Act, 2014, the Tanzania Revenue A..

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Breakthrough Attorneys

Investing in Tanzania: a look at the newly passed Tanzania Investment Act 2022

On 31 August 2022, a Special Bill supplement for the proposed Tanzania Investment Act, 2022 was published in the special Gazette. This Bill has been tabled for discussi..

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Breakthrough Attorneys

Tax law update: What next for Tanzanian taxpayers with suppliers in South Africa

The Court of Appeal of Tanzania has recently made another landmark decision on the interpretation of the Agreement for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes o..

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