ARK Associates | Expert Tax Consultants | The Mark of Tax Compliance

About Us

We are tax specialists and our people own the right taxation skills and are registered tax consultants with the Tanzania Revenue Authority (TRA). Our in-depth knowledge of the tax laws in Tanzania gives our clients advantage by way of having total confidence in all taxation matters.

Ark Associates Limited is properly licensed and registered to provide consultancy services. Ark has all the necessary skills to deliver its unique promise to clients.

Our Values

We build trust in our community and confidence in our client businesses

We invest in developing our people, who we believe to be our success

We conduct our business in the best interest of our shareholders

We are catalyst for changes through giving back to our community

Our Expertise

The best solution needs experience, breadth and in-depth knowledge of the subject matter. We pride ourselves on what we believe is a unique ability to provide the experience, technical knowledge and skills that you require in accordance with the acceptable regulatory framework.

Tax Compliance Services

Corporate tax – Handling corporate tax compliance matters including preparation and ling of corporate income tax returns and Statements of Estimated Tax Payable (SETP).

Tax Audit Provisions

Preparation of tax provisions (current and deferred taxes) for purposes of nancial statements reporting. At this stage, we keen to highlight any tax exposures as a result of TRA tax audits and assessments.

Employment Taxes

We provide monthly payroll tax services such as preparation of PAYE, Skills and Development Levy (SDL), Workers Compensation Fund (WCF), social security contributions including advising our clients on amounts due and payable to the TRA and other statutory funds.

Value Added Tax (VAT)

From initial registration for VAT and related advice to monthly compliance. We also do VAT refund audits and provide certi cates of genuineness for purposes claiming VAT refunds.

Withholding tax (WHT)

Given the complexities in this area, we help our clients with WHT monthly compliance to avoid non-compliance costs. This is an area often overlooked by many taxpayers. The challenges which we always highlight to our clients include the relevant tax rates on what types of services on payments to what type of a person.

Stamp Duty & Other Levies

We assist in computing and payment of stamp duty on various instruments; other levies such as city service levy, advertisement levy – all payable to municipal councils.

Tax Consultancy Services

Our services include advising on all areas of taxation such as corporate income tax, payroll taxes, VAT, WHT, duties and levies, etc. We also advise our clients on any tax implications associated with planned transaction or investments in Tanzania.

Transfer Pricing

Given the legal requirement for companies with related party transactions to have a local transfer pricing documentation, we prepare such documentation upon conduct of relevant benchmarking studies.

Company Administration Services

We assist new businesses to register with the registrar of companies, obtain business licences, visas for expatriates, register with regulators, professional bodies, TRA, ling of annual returns with Brela, etc.

Handling Tax Disputes

Attending at meetings with TRA to nalise tax audits, assessments and handling the whole objection and other dispute resolution procedures. We also assist our clients to prepare intentions to appeal, statements of appeals as well as attendance at appeals (as expert witnesses). Correspondence with the TRA are always time bound, we provide the highest priority on matters relating to TRA correspondence based on our understanding that failure to comply leads to serious repucations to our clients business.

Tax Training

We provide tailored tax training solutions with main focus on empowering nance teams at our clients’ on taxation matters.

Tax Health Check Review Services

The aim of tax health check reviews is to check general tax compliance focusing on areas of interest by the TRA in order to provide assurance or identify areas of potential risks and provide appropriate recommendations.

Financial Advisory

Ark Associates, and its a liates provide a comprehensive network of nancial business solutions to esteemed customers. Ark combines the professional touch of its a liates and associates to provide advice on business strategy, nancing, mergers and acquisitions, valuation services, due diligence, contract assistance, negotiation support, receivership, business revitalization, independent insolvency reviews, nancial and operating remodelling. Our nancial advisory acumen empowers clients to grow their businesses and build deeper business relationships.

Accounting

Ark compiles clients accounting information to the extent of preparing financial statements

Access our most recent tax alerts and publications.

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Management Team

We understand that the critical success factors in any engagement is a strong team. Our approach leverages the use of subject matter experts with deep subject area insight and a core team of solid, broadly experienced individuals who are focused and committed to deliver to your needs.

John Shimbala, Tax Consultant. Ark Associates

John Shimbala
Director

Detailed Profile

+255 766 798 508

Tax consultant, Godfrey Ark associates

Godfrey Temba
Director

Detailed Profile

+255 767 810 970

“I am absolutely delighted with your service. It is really refreshing to work with a financial adviser who is truly interested in their client’s needs, circumstances and preferences.”

CORY NELSON, Africa Online Tanzania Limited

“Thank you to you and everyone who formulated our advice. It’s so comprehensive, it just reaffirms our complete faith in you. Thanks again for everything. It’s always a pleasure.”

BRIAN MWARIMBO, Synaptic Solutions Limited

Our Clients

Through audit, accounting and tax assignments, our people have worked with various clients to cover accounting, tax compliance and tax consulting services. These clients include those in various sectors such as telecommunication, manufacturing, mining, financial services, construction, oil and gas, etc. We also have worked with multinationals based on our in-depth understanding international taxation aspects.

What we offer and why we’re different

Read or download our corporate profile for more information about who we are and how we work with clients to look after their financial past, present & future.

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Professional Tax Consultants

We are ARK, the mark of compliance