The Deputy Permanent Secretary in the Ministry of Finance and Planning, Ms. Amina Khamis Shaaban giving a trophy to Dr. Edwin P. Mhede (RIGHT) as the First Winner in the Government Entities Category and the General Overall Winner during the Best Presented Financial Statements Anniversary
The Commissioner General for Tanzania Revenue Authority (holding a trophy) posing for a group photo with some of the Tanzania Revenue Authority (TRA) Staff during the Best Presented Financial Statements Gala event hosted by NBAA for the Year 2018
The Boeing 787-8 Dreamliner purchased by Tanzanian Taxes
Minister for Finance and Planning, Hon. Dr. Philip Mpango (left) talking to the TRA Board Chairman, Dr. Suleiman Missango (right), Middle is the TRA CG, Dr. Edwin P. Mhede (PhD).

Investors investing in Free Economic Zones are granted the following tax incentives:-

  • 10 year Corporate Tax Holiday and 25% tax rate for the subsequent ten years.
  • 10 year withholding tax holiday on dividends to non residents.
  •  Duty and VAT Exemption on raw materials, machinery, equipment and other inputs.
  •  Stamp Duty Exemption
  • 100% investment deduction on capital expenditure within 20 years.
  • Exemption from Tax on dividend for ten years.
  • Duty and Tax free Import of goods from domestic area permissible.
  • Duty Free import of raw materials for construction of factory buildings.
  • Duty free export of goods produced.
  • Exemption of income Tax on interest on borrowed capital.
  • Exemption from payment of all taxes and levies imposed by local government authorities for gods and services produced in Free Economic Zones.
  • On site custom inspection of goods in lieu of off-port inspection.


Investors investing in Free Zones are granted the following tax incentives:

  • Exemption from any tax on all goods destined for re-export.
  • Exemption from local taxes on all goods produced in Freeport for export
  • Exemption from payment of corporate tax for the first 20 years.
  • No limit to the durations that goods may be stored to Freeport Zones.
  • 100% retention of all profits.
  • 100% foreign ownership allowed.
  •  Free repatriation of profit.

 NB: 20% of turnover is allowed for sale at the local market and is subject to the payment of all taxes.

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