The new reforms are contained in the companies act 2002 the ca 2002, an act on the shelf for almost three years which came into force as from the 1 st of march, 2006. Republic, and in relation to a firm means a contracting firm or company incorporated in tanzania whose majority shares are owned by the citizens of the united. Acts and bills online parliament of tanzania pdf doc. Chapter 212 the companies act an act to regulate trading. A limited liability company can be established under the companies act 2002 which sets out the relevant legal framework. Enacted by the parliament of the united republic of tanzania. The registered office of the company shall be situated at arusha. After much debate on the insertion of a controversial provision in the companies act 2002, the said insertion has now. Business registration act, 2005 eregulations tanzania.
Pdf transfer of shares under the 2012 companies act. Companies act, 19, as applied to tanzania debenture includes debenture stocks, bonds and any other securities of a company whether. The name of the company is east africa law society limited. The companies act imposes the following general responsibilities upon directors of a. Companies act 2002 overview introduction the companies act 2002 the act although assented to by the president on 27 june 2002 only came into effect from 1 march 2006. Establishing a business in tanzania practical law westlaw. Companies act amended by addition of controversial section 400a. The contractors registration act, 1997 eregulations tanzania. This act may be cited as the public service act, 2002. The ca 2002 introduced significant reforms to tanzanian company law. Act, 2002 cap 212 defines company as a company formed and registered under this act or an. The act shall come into operation on such date as the minister may, by notice published in the gazette, appoint.
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