“Corporate law is the body of law that governs the rights, relationships, and behavior of individuals, corporations, organizations, and businesses. The term refers to the legal practice of corporate law or the theory of corporations – Wikipidea
BW Advocate Partner
Head of Corporate & Advisory Services Department
We help Companies, Corporations, Businesses, NGOs and Investors create structures in line with commercial laws, rules and procedures to enable them realise their objectives while maximizing profit in compliance with the law.
Our Corporate & Advisory Services’ team is trained to professionally cater for clients’ needs such as company secretarial services, commercial drafting, incorporation of companies and business registrations, and post compliance and restructuring to their satisfaction.
We advise clients on all aspects of general corporate matters, such as the formation of a company or the establishment of a foreign branch, joint venture and shareholder agreements, equity and debt issuance and restructuring, and winding up procedures.
Key legislation governing corporate law in Tanzania:
Setup and Company Secretarial: We set up companies and joint ventures and provide detailed advice for small and large projects alike. We provide ongoing company secretarial services, such as maintaining the company’s statutory registers, updating the records held by the Business Registration and Licensing Authority (BRELA), filing the required statutory returns, and organizing the company’s board meetings and annual general meetings, once the business entity has been established.
Compliance with the Companies Act’s administrative, disclosure, and filing requirements is essential. Noncompliance can result in fines and criminal prosecution for a company’s directors and secretary. The Registrar of Companies also has the authority to remove a company from the register if he or she believes it is not compliant or conducting business.
Bill and Williams Attorneys’ greatest strength may be its commitment to staying current on legal developments. These lawyers have the knowledge to help their regional and international clients navigate the corporate world. These fine lawyers do not simply take chances; they make calculated moves that have proven to be beneficial to our clients. The procedure begins with the creation of a ‘tree’ diagram outlining the client’s options and associated costs. Internal lawyers at the firm then challenge these ideas in order to arrive at the best strategic and economical solution possible. There is a passion for difficult work; the attorneys’ technical expertise and reputation for excellence stem from the type and complexity of transactions they handle.