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Economic & Sector Work :: Investment Climate Assessment (ICA)

Tanzania - Subnational Costs of Doing Business in Tanzania : An Assessment of Doing Business in Arusha, Dodoma, Iringa, Kigoma, Mtwara, Mwanza, and Zanzibar

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Washington, DC
Africa | Tanzania
2012-06-11T19:36:19Z | 2012-06-11T19:36:19Z | 2007-05

This report assesses some of the more significant doing business indicators including how easy it is to register a business, obtain a license, transfer property, connect basic utilities, and obtain an overdraft in 8 regions of Tanzania. The time and cost of completing these transactions play a significant role for local investors in their decision of whether to operate in a country's formal sector, thus affecting its investment and growth performance. The doing business assessment provides an index for measuring the ease of doing business across 175 developing and developed countries. The assessment promotes awareness of and focus on private sector needs, and oftentimes competition in reform programs among countries.The indicators look at 10 key operating areas for a firm, ranging from starting up and getting credit to closing the business. The report studies a theoretical firm. Data is based on research of laws and regulations in a country's main business city or capital. Input and verification are supplied by local government officials, lawyers, business consultants, accountants, and other professionals who routinely administer or advise on legal and regulatory requirements. The most important objective of this sub national report and related survey is to help the local governments and agency officials who directly facilitate firm operations within the regions to better understand and more effectively help Tanzania's businesses increase their investment, enhance their productivity, and drive the country's economic growth.

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