Compliances to Laws, Regulations and Policies Governing Corporate Business in Tanzania: General and Crosscutting Regulatory Issues

This dissertation is specifically exploring the Compliances to Laws, Regulations and Policies Governing Corporate Business in Tanzania: General And Crosscutting Regulatory Issues. The data for the study were obtained from scholarly books from both physical and online sources, LGAs, TRA and TPSF offices. At first the study states the history and problem of this work, then presents the organization of this work and dissertation methodology, other scholars’ views and justifications for undertaking this study. Then it explores the current Laws, Regulations and Policies Governing Corporate Business in Tanzania. The dissertation is basically looking at the legal compliances governing corporate business by case studying the overlapping of general and crosscutting regulatory bodies that regulate, supervise and license businesses, which end up increasing bureaucratic processes, cost of compliances and levies, time to obtain certificates and end up confusing investors as to which matter should be addressed to or which requirement is a subject of legal compliance. On top of that, these bodies and boards are located in different locations, have different timeline to acquire such certificates of compliances and have different legal processes to be compliant in order to be issued with license. These have decreased the pace for the implementation of the new economic blueprint aiming at taking Tanzania to the middle economy country with industrialization agenda. Lastly the dissertation presents prospects that would help Tanzania improve on the convenience of doing business by suggesting some legal and administration reforms and thereafter concludes the study by urging the responsible authority take initiatives by implementing the suggested actions to boost the business operations to spur the economic growt