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2021 - 2021-11-15
Tanzania: Amendment on the Companies Act, 2002
This is to inform you that the Written Laws (Miscellaneous Amendments) (No. 3) Act, 2021 was published in the Special Gazette of the United Republic of Tanzania on 11th October, 2021 to amend various laws including the Companies Act, 2002.
Read more2021 - 2021-08-09
Kenya Tax Alert: Value Added Tax (Electronic Tax Invoice) Regulations, 2020
Please find attached our detailed analysis of the key regulations contained in the Value Added Tax (Electronic Tax Invoice) Regulations, 2020.
Read more2021 - 2021-08-09
Tax Alert: Updates
Kindly find attached our updates on Conservatory Order Suspending the implementation of
Minimum Tax under section 12 D of the Income Tax Act and the Automation of Voluntary Tax Disclosure Programme (VTDP).
Read more2021 - 2021-06-30
Tanzania Budget Brief 2021-2022
On 10th June 2021, The MoF presented the first budget of the 6th phase of Government under the leadership of Her Excellency Samia Suluhu Hassan, president of the United Republic of Tanzania.
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2021 -2021-05-30
Disclosure of Beneficial Owners
Government Notice No. 391 and No. 386 of 14th May 2021, were published by the Ministry of Industry and Trade, to the effect that all companies are required to disclose beneficial owners.
This is the result of the Amendment of section 2 of the Companies Act, 2002 (the Act) by the Finance Act of 2020 to include the Beneficial Owners as one of the requirements to be reported to the Registrar of the Companies (the Registrar). Following this, the Companies (Beneficial Ownership) Regulations, 2021 (the regulations) came into operation.
Read more2021 -2021-04-23
Tanzania: Update on the Companies Act (January 2002)
The Bill proposes amendments to various laws including the Companies Act, 2002 (the Act) which is the focus of this alert.
Read more2021 -2021-04-22
Tanzania Tax Alert: Qualification for Tax Deduction
Entities may face a challenge to demonstrate that their expenses incurred meet the qualifying test of wholly and exclusive principle as provided under the Tanzanian tax laws.
Read more2021 -2021-03-31
Kenya: Voluntary Tax Disclosure Program
You now have a chance to have your penalties waived if you disclose your past tax liabilities.
Read more2021 -2021-01-14
Rwanda: Tax Alert on New Transfer Pricing Rules, 2020
Ministerial Order No. 003/20/10/TC of 11/12/2020 Establishing General Rules on Transfer Pricing came into effect on 14 December 2020 with the publishing of Official Gazette No. 40 of 2020. For the first time, Rwanda now has elaborate TP rules which are consistent with international practice.
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