[AmCham] Cost of Doing Business in Agriculture in Tanzania
The American Chamber of Commerce recently conducted a survey of businesses across the agriculture and forestry sector to compile a list of licenses and fees required annually and the time and effort it takes to pay them. Please find an illustration of the impact of these costs on an average mid-size agricultural firm in Tanzania in this document.
According to their survey, the cost of compliance with sector regulation can be as high as double that of corporate income taxes. The costs of moving agricultural produce across the country, and of dedicating man-hours and travel time to visiting multiple regulatory agencies make up the bulk of the compliance burden and could present opportunities for streamlining and rationalization. According to the American Chamber of Commerce, reducing the number of local levies and consolidating regulation across fewer sector authorities can improve the competitiveness of the Tanzanian agriculture and forestry sectors.