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Articles Archive

PROCEDURAL ASPECTS OF MERGERS IN TANZANIA

May 8, 2019

  Concept of  mergers in Tanzania Notification procedures for a merger Process of examination as assessment of mergers Consequences of Breach of merger approval conditions or obligations 1.0 Introduction A merger means an acquisition of shares, a business or other assets, whether inside or outside Tanzania, resulting in the change of control of a business, […]

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PROCEDURAL GUIDANCE TO INVESTORS DURING MANAGEMENT BUYOUTS

April 29, 2019

Concept of a management buyout Rationale of management buyout Process of executing a management buyout and due diligence processes encompassed Advantages and disadvantages of a management buyout 1.0 Introduction A management buyout (MBO) is a transaction where a company’s management team purchases the assets and operations of the business they manage. It is a type […]

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COMPANY LAW UPDATE: KEEPING AND MAINTENANCE OF COMPANY’S DOCUMENTS IN TANZANIA

April 9, 2019

A look into the mandatory and necessary documents kept by a company Company’s Officials tasked with the statutory duty to manage certain documents Consequences of tampering with the company’s documents Introduction Companies are legally required to keep and maintain a number of statutory registers and accounting records. These statutory registers and accounting records are required […]

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Featured Article

THE LAW, PRACTICE AND PROCEDURE ON ALTERATION OF MEMORANDUM AND ARTICLES OF ASSOCIATION OF A COMPANY IN TANZANIA.

September 12, 2017

1.0 Introduction  Alteration of the memorandum and articles of association is permissible for companies registered in Tanzania. This may be done when a company seeks to alter its objects contained in its memorandum or when the company is converted from private to public and vice versa. Read More

Popular Articles

  • COMPANY VOLUNTARY WINDING UP: LAW AND PROCEDURE IN TANZANIA posted on March 8, 2017 | under Articles
  • NEW REGULATIONS ON WORK PERMITS IN TANZANIA posted on May 15, 2017 | under Articles
  • UPDATE ON TANZANIA SUCCESSION LAW: PROBATE AND ADMINISTRATION OF ESTATES LAW: PROTECTION OF BONAFIDE PURCHASER OF A PROBATED ASSET IN TANZANIA posted on December 10, 2018 | under Articles
  • LITIGATION LAW UPDATE: WHAT LITIGANTS SHOULD KNOW REGARDING THE RECENT AMENDMENTS TO THE TANZANIA CIVIL PROCEDURE CODE, CAP. 33 R.E. 2002; VOLUME I. posted on June 29, 2019 | under Articles
  • LABOUR LAW UPDATE; A GUIDE FOR TERMINATION ON OPERATIONAL REQUIREMENTS (RETRENCHMENT) TO EMPLOYERS IN TANZANIA posted on October 24, 2020 | under Articles

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Breakthrough Attorneys is an ultramodern legal practice based in Dar es Salaam, Tanzania having a spectrum of cross-borders practices that caters for local and multinational corporations, financial institutions, government entities as well as business private individuals concerning their legal needs around the globe.
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