Tanzania - Apply for Banking Brokers License or Permit

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Procedure

Apply In-Person:

1. Application form for Banking Broker 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.

Apply Online

1. Application form for Banking Broker License or Permit is available online in the following login link
2. If applicant is an existing user, they can login directly using “Email Address” and “Password”.
3. If applicant is a new user, they have to register first by clicking on “Register” button.
4. For new registration, applicant must provide all needed information that is requested under “Create Account”.
5. After entering all information that are needed for registration and click on “Register” button for completing the registration process.
6. After registration, applicant can use their newly registered “Email Address” and “Password” for logging in.
7. Applicant must choose needed license from license category and then the online application form will be opened.
8. Applicant should enter all information that is requested in the application form.
9. Applicant must upload digital copies of documents that are needed for completing this procedure.
10. Finally, applicant must click on “Submit” button for submitting their application form.
11. Fee for this procedure has to be paid online.
12. If all the above-mentioned procedures were followed properly by the applicant, the Banking Broker license will be provided within 1 week via post.

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Required Documents

• Registration Certificate from BRELA
• Business Premise owning or lease proof
• TIN Certificate
• Memorandum and Articles of Association
• Certificate of Incorporation
• Power of Attorney

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 working as a Banking Broker business is eligible.

Fees

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

Validity

• Banking Broker license is valid for 1 year.

Documents to Use

Please attach 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 document is necessary for every Banking Broker business owner in Tanzania for operating their business legally.

Information which might help

• Information on how to get a business license is available in the following link

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.