TeIW to start operations soon

THE government is in the final preparations for launching the Tanzania Electronic Investment Window (TeIW) that will provide investors with permits and other documents in three days.

The Minister for Investment, Industry and Trade, Dr Ashatu Kijaji said in Dar es Salaam on Monday that the TeIW will simplify the issuance of permits since all services will be provided through a single window.

She said TeIW will connect investors with One Stop Shop system of the Tanzania Investment Centre (TIC) for easier monitoring.

“TeIW is expected to address problems prospective investors’ face, particularly in lodging applications and the issuance of investment registration permits, by simplifying procedures since all services will be provided through a single window,” she said.

Dr Kijaji said that the TeIW has already registered 12 institutions namely TIC, National Identification Authority (NIDA), Tanzania Revenue Authority (TRA), Business Registrations and Licencing Agency (BRELA), Immigration.

Others are the Tanzania Medicine and Medical Devices Authority (TMDA), Tanzania Bureau of Standards (TBS), National Environment Management Council (NEMC), Tanzania Electric Supply Company (TANESCO) and Occupational Safety and Health Authority (OSHA).

Dr Kijaji said that the system will enable investors get ID number, TIN number, VAT exemption, company registration, working and residence permit, owner documents and investment certificate.

The government believes TeIW will be a panacea for hitches besetting the investment process right from receiving applications to issuance of investment registration numbers and permits.

“The government is using its local experts to create a system that will be a saviour for large, medium and small scale investors,” she said.

Moreover, Dr Kijaji said the implementation of a blueprint for regulatory reforms to improve business environment follows the principles to improve performance and provide services to the public transparently, make decisions in accordance with the law and increase accountability in the public sector as well as strengthen discussion and participation of the private sector.

Elaborating, the Minister said implementation of the Blueprint programme has brought various achievements including slashing of 232 fees, charges and fines that were charged by the regulatory authorities and becoming a huge burden to investors in the country.

Some of the regulatory authorities that whose fees and charges were removed are Government Chemist Laboratory Authority (GCLA), Tanzania Sugar Board (SBT), TMDA, TBS, OSHA, Fire and Rescue Service.

Dr Kijaji also said through the Blueprint the government managed to issue more than 10,656 business licence in the financial year 2021/22.

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