Tanzania - Get Stock Exchange Permit or License

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Procedure

Apply In-Person:

1. Application form for Stock Exchange License or Permit is available in Ministry of Trade Industry and Marketing contact link.
2. Applicant must provide all information that is requested in the application form.
3. Applicant should make sure to carry photocopies and originals of all documents that are needed for completing this procedure.
4. Documents that are needed for completing this procedure are mentioned under “Required Documents” section of this page.
5. Applicant must attach photocopies of all documents (whichever is necessary) along with the application form while submitting it at the office.
6. Fee for this procedure has to be paid as per authority’s request at the office while submitting the application form.
7. If all the above-mentioned procedures were followed properly, license will be provided within one week.
8. If there is no information regarding the license is provided by concerned authorities, the applicant has to visit the office to know status of their application.
   

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Required Documents

• ID Proof – National ID/Passport/Driving License
• Details about stock and reason for exchange
• Written value of Stocks
• Certificate of Incorporation
• Memorandum and Articles of an Association
• TIN Certificate
  

Office Locations & Contacts

Ministry of Trade Industry and Marketing
Location: Zanzibar
Address: Migombani, Zanzibar, Tanzania
Contact No: (+255) 242 234 843
Contact link
Location link

Eligibility

Any individual or an organization that is willing to exchange stocks are eligible.

Fees

Fee for this procedure has to be paid as per authority’s request.

Validity

Stock Exchange is valid until stocks are exchanged.

Documents to Use

Please provide some documents that can be used by people. e.g., links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

The processing time for this procedure is 1 week.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicant should make sure to follow all instructions provided by concerned authorities properly.
• Applicant must provide genuine information while applying for this procedure.
  

Required Information

• Name of the Applicant
• Business/Company Name
• Business/Company Registration Number
• Address
• Date of Registration
  

Need for the Document

This permit is necessary for exchanging stocks among various individuals or organizations in Tanzania, Legally.

Information which might help

Any unannounced stock exchange that happens without a proper license is considered illegal and all individuals/organizations involved in this illegal stock exchange will be arrested.

Other uses of the Document/Certificate

Please explain what other uses of obtaining this document / certificate are.
e.g. Birth Certificate can be used as proof of identity.

External Links

Ministry of Industry and Trade link

Others

More information which might help.