TIC’s online registration window in offing

THE Tanzania Investment Centre (TIC)’s online single registration window will open soon to allow investors to register with the centre from any point on earth.

The TIC Executive Director, Gilead Teri, said here on Monday that the Tanzania electronic Investment Window (TeIW) was in final stages of preparation before it is launched.

Mr Teri who was attending a special 43th and extra-ordinary session of the Executive Committee of the Tanzania National Business Council (TNBC) prospective investor would be able to register online, apply for permit, licence and even be awarded a certificate upon completing all formalities.

He said the system would save time and resources for the applicant and further add value to TIC’s world class services.

The TIC already has in place the Online Work Permits Applications and Issuance System (OWAS).  OWAS is linked with immigration and labour departments.

So an investor is issued with a work and residence permit within days of submitting all necessary documents.  OWAS eliminates verification by the National Examination Council of Tanzania, National Council for Technical Education and the Tanzania Commission for Universities.

“TeIW will enable the prospective investor to get services of the TRA, BRELA, NIDA, Land Department and of course our own TIC services,” Mr Teri explained.

The applicant, he said, will no longer be required to visit offices of departments he accessed in the TeIW.

Mr Teri could not say how soon TeIW will be operational, but said “we should be able to launch the system after successful trials this month.”