Tanzanian commercial legal services

VELMA Law is based in  Dar es Salaam, Tanzania with external international specialist consultants.

We provide Tanzanian law advice on commercial matters in a wide range of areas.

Why choose VELMA Law?

We have the highest standards

VELMA Law believes that good governance is required for sustainable growth and long term value.

We have put in place several measures to help ensure that our practice is run in accordance with good governance principles including an Anti-Bribery policy, Conflict of Interests policy and a Human Rights policy.

News and insights from the experts in Tanzanian law

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National Carbon Trading Guidelines 2022

The National Carbon Trading Guidelines October 2022 provide as follows: Requirements for carbon trading Carbon trading project must undergo Environment and…

2024 BOT Guidelines on Fees and Charges for Banks and Microfinance Institutions

The Bank of Tanzania (BOT) has recently issued guidelines on fees and charges: Please see below an outline summary of…

Proposed Amendment Law (No 2) 2024 – Special Status and Special Derivative Right

The Bill Supplement – Written Laws (Miscellaneous Amendments) (No 2) 2024 issued on 26 June 2024 proposes to amend the…

Draft Microfinance (Non-Deposit Taking Microfinance Service Providers) Regulations 2024

The Bank of Tanzania (BOT) has published the draft Microfinance (Non-Deposit Taking Microfinance Service Providers) Regulations 2024 (Draft Regulations) intended…

Trust beneficial owners (deadline of 31 December 2021)

Finance Act 2020 introduced new reporting requirements of beneficial owners with a deadline of 31 December 2021. Trustee Incorporation Act…