Auditax International legal services in Tanzania covers oil and gas sector in Tanzania, Mining Laws, Immigration law and Employment and Labor Laws. We also assist companies on restructuring, mergers and acquisitions and legal due diligence. We also draft MEMARTS and other key documents for Multinationals and local companies.
Our secretarial services focus on assisting clients with filling and filing company returns, preparing minutes of company statutory meetings including board meetings and other general meetings as well as processing various changes under the company Act with the Business Registration and Licensing Authority (BRELA).
We provide outsourced payroll services in Tanzania by helping companies to process monthly payroll, prepare and file monthly and annual forms and returns, make and track payroll and related tax payments etc.
Generally payroll obligations in Tanzania require companies to first deduct income tax from each employee’s monthly salary (at prescribed tax rates and tax bands) and remit the same to the tax authority within seven (7) days following the end of the relevant month. The employer (“withholding agent”) has an obligation to deduct income tax from employment incomes of its employees. For the monthly tax bands and the applicable tax rate for each band refer to our Tax Guide in the Library section of this website.
Second, is to make monthly social security contribution for each employee in Tanzania to the approved retirement funds of the employee’s choice (such as NSSF, PPF Fund, PSPF Fund, LAPF Fund etc.). Currently, the contribution is at 20% of the gross salary, but for NSSF the employer can recover up to 10% of it from employees. The contributions need to be remitted to the relevant Fund within 30 days following the end of the relevant month.
And third, is to make monthly payments of the Skills and Development Levy (SDL) to the tax authority (applicable to only employers with at least 4 employees). Currently, SDL is payable at the rate of 5% of the wage bill. SDL needs to be remitted to the tax authority within seven (7) days following the end of the relevant month.
Auditax International outsourced payroll services in Tanzania also include helping companies to put in place controls to ensure accuracy and completeness in accounting for the PAYE and social security contributions.