The first step is to apply for name clearance at BRELA for the proposed company name. Incorporation of companies in Tanzania is done under the Companies Act, Chapter 212 of the laws of Tanzania. Investors wishing to establish a limited liability company must first clear the name for the proposed company before filing an application with BRELA. It is a single day exercise and there is no direct cost involved with this exercise at BRELA.
A letter of application for clearance for a proposed company name should be submitted by hand, or mail to the Registrar of Companies, which clears the name upon search automatically. The search sets up the availability of the proposed name. If the name is not available the process repeats. The easy way is to propose several desired company names as possible for clearance and eventually one of them will be available.
Source: Government Portal Content Committee, Last Reviewed on : 2015-10-15 06:46:46
