If you are looking to enter the Tanzanian market, and need a team of corporate governance advisors to handle the complex matters around, CRAVASON can help. Our corporate governance services comprise a complete solution to support your business stay in Tanzania expansion and beyond. Taking care of the most crucial tasks in the lifespan of a company, we do things efficiently and accurately to ensure your company is always legally compliant and primed for success.

Our corporate governance team provides an integrated and extensive range of governance, compliance and administration services to our clients. This includes support in respect of the ongoing company secretarial obligations required to be fulfilled by companies but also advice and assistance in relation to complex and out of the ordinary transactions.

Our services have a broad base ranging from start-up companies to listed and regulated public limited companies and we advise them on all aspects of Tanzanian corporate governance, compliance and administration.

In this area, CRAVASON offers the following services:-

Start-up services

CRAVASON understands that any business entity begins from its formation/creation. Thus we offer company formations and registering non-Tanzania/foreign companies with a place of business /branch in Tanzania in compliance to the existing laws.

That is, we help in formation of companies through incorporation or registration for compliance by preparing and filing necessary documentation to the respective registering authority.

Statutory and Regulatory Compliance

Provision of named Company Secretary – you can opt to nominate CRAVASON as your Company Secretary to ensure your Tanzanian operations run smoothly and efficiently and that adequate measures are put in place so that the company fulfils its statutory obligations. 

Our services include but not limited to:-

  • Providing legal opinions
  • Establishing and maintaining Company’s Statutory Registers (Register of Directors and Secretaries, Register of Members, Register of Mortgage and Charges, Register of Conflict etc.) and providing printed Reports/ Registers upon request
  • Maintenance of Company’s Minute Books
  • Preparing documentation and resolution necessary to convene, hold and minute the Annual General Meeting and to approve the Annual Financial Statements
  • Preparing Minutes and Resolutions
  • Assisting foreign client companies to comply with their obligations where they establish a branch registration in Tanzania
  • Preparing and filing of all statutory forms at Companies registry.
Scheduling and organizing board meetings
  • Board Meetings Services
  • Attending board meetings and drafting and agreeing the minutes of those meetings
Other services 
  • Drafting Power of Attorneys and keeping a register of them
  • Advising and effecting changes in directors / secretaries / registered office or company name
  • Advising and effecting changes in share capital, transfers and allotment of shares, redemption of shares and share buybacks
  • Re-registration from one company type to another
  • Advice and assistance in connection with the declaration of dividends
  • Notarization of documents
  • Filing voluntary winding up petitions/applications in Courts and advice in respect of liquidation of companies
  • Company Restoration – where a company has been struck off from companies register