Tanzania - Obtain Securities Dealer License

Advertisement

Procedure

Apply In-Person:

1. To Obtain Securities Dealer License, the applicant must visit the Capital Markets and Securities Authority (CMSA) contact link
2. Downloadable application form is available at the following form link
3. The applicant must provide all information that is requested in the application form.
4. The applicant must carry both photocopies and originals of all the documents that are needed for completing this procedure.
5. Documents that are needed for completing this procedure are mentioned under the “Required Documents” section of this page.
6. The applicant should attach photocopies and originals of all the documents (whichever is necessary) along with the application form before submitting it at the office.
7. The fee for this procedure must be paid as per the authority’s request.
8. Once the fee is paid, the applicant will receive a receipt from the respective officer, the receipt must be kept safe for future use.
9. Once the application process is done, the processing time for receiving the license will be provided by the concerned authorities at the office.
10. The applicant will also receive a notification from the office via SMS or E-Mail regarding the availability of the license.
11. The applicant can visit the office to get their license once they get the notification from the office.
12. If there is no information regarding the license is provided to the applicant, then, they can visit the office to know the status of their application.

Advertisement

Required Documents

• Completed Application Form link
• Certificate of Incorporation
• Memorandum and Articles of the Association
• Ownership Certificate or Lease Agreement of the business premises
• Audited Bank Statement of the current financial year
• ID Proof – National ID/Passport/Driving License

Office Locations & Contacts

Capital Markets and Securities Authority,
6th Floor, PSSSF Tower Ohio Street/Garden Avenue
Postal Address: P.O. Box 75713, Dar es Salaam, Tanzania
Tel: (+255) 222 114 959/61
Fax: (+255) 222 113 846
Email: [email protected]
Contact link

Eligibility

• Any individuals in Tanzania who are willing to work as a Securities Dealer are eligible for this procedure.

Fees

• The fee for this procedure can be paid as per the authority’s request.

Validity

• Securities Dealer License is valid for the period mentioned in it.

Documents to Use

• Downloadable application form is available in the following form link

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• The processing time for this procedure will be provided by the concerned authorities.

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 must meet the basic financial requirements as prescribed by the concerned authorities for getting the license.

Required Information

• Name of the Company
• Registered Office
• Date of Incorporation
• Address
• Email Address
• Details of the Capital Structure
• Name, Address, and Contact Numbers of all directors
• Business References
• List of all staff members of the office

Need for the Document

• Securities Dealer License is necessary for a company or individual in Tanzania to work as a Securities Dealer.

Information which might help

Enter other information that might help

Other uses of the Document/Certificate

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

External Links

• Capital Market and Securities Authority (CMSA) link

Others

More information which might help people.