Registration of Data Collectors and Processors by the Personal Data Protection Commission
This communication is to inform you of a recent public notice issued by the Personal Data Protection Commission regarding the registration of data collectors and processors.
Assisting clients in managing their financial records, maintaining accurate accounts, and ensuring compliance with accounting standards.
Conducting both statutory and internal audits to verify the accuracy and reliability of financial information, thereby promoting transparency and accountability.
Ensuring compliance with tax regulations and providing advisory services, including support for transfer pricing compliance.
The total budget for 2024-2025 has been increased by 11.2% from TZS 44.4 trillion (about USD 18.4 billion) allocated in the 2023-2024 budget. As Tanzania strives towards fostering inclusion for sustainable growth, we are faced with various challenges as a country, and many opportunities too.
The Tanzania Foreign Exchange Regulations, Government Notice No. 294 published on 13/5/2022 (the “Tanzania Foreign Exchange Regulations”) are creating quite some noise in Tanzania amongst traders and investors.
Under the provisions of the data protection regulations, entities that act as data collectors or processors are required to register with the Commission for Personal Data Protection.
Ark, an approved ACCA employer, is a full-service firm registered to engage in professional consulting, accounting, audit,
and assurance services. The practice consists of Ark Associates Limited, a company that handles taxation, accounting, and
Company Administration related services while Ark Partners is a partnership handling audit and assurance services.
At ark,
we pride ourselves in being the mark of compliance. Our desire is to encourage awareness in all our clients
“that compliance from day one sets one free from non-compliance costs”.
Assisting clients in managing their financial records, maintaining accurate accounts, and ensuring compliance with accounting standards, while also providing guidance on financial decision-making and reporting.
Conducting both statutory and internal audits to verify the accuracy and reliability of financial information, thereby promoting transparency and accountability. We ensure that financial statements comply with regulatory requirements and best practices.
Providing legal expertise in various areas such as labor law, immigration, corporate administration, litigation, and support during business liquidation, ensuring our clients’ operations are legally sound and compliant.
Ark's Cybersecurity Services are designed to help businesses safeguard their digital assets, maintain the confidentiality of sensitive information, and ensure the uninterrupted operation of their digital infrastructure. Our IT audit services assess vulnerabilities and provide actionable solutions to enhance security protocols.
Ensuring compliance with tax regulations and providing advisory services, including support for transfer pricing compliance. We also assist clients with structuring their businesses in a tax-efficient manner and navigating complex tax regulations to minimize liabilities.
Offering guidance and support to clients involved in mergers, acquisitions, and investment activities. We assist with due diligence, deal structuring, financial modeling, and post-transaction integration, ensuring that our clients’ strategic goals are met efficiently.
John heads the tax, accounting, and compliance practice within Ark, with over 15 years of expertise in tax consultancy, accounting, and audit practice. He is passionate about simplifying compliance and ensuring clients meet regulatory requirements efficiently. Having worked for PwC for more than 10 years, he co-founded Ark with Godfrey Temba in 2016 and is dedicated to delivering effective service across industries including oil and gas, mining, and not-for-profit organizations.
Godfrey is a strategic leader with over 15 years of experience in auditing, accounting, and finance. He has worked at KPMG Tanzania and Tanzanite One Mining before co-founding Ark. His deep expertise guides clients through assurance engagements, risk management, and financial strategies. Godfrey is also a fellow of ACCA (UK) and a certified accountant with valid certificates from the Tanzania National Board of Accountants and Auditors (NBAA).
Johnpaul is the Director of Corporate Administration at Ark, leading the Company Secretarial Services Department. He has a strong background from PwC, focusing on corporate registration, licensing, and immigration issues. With expertise in land acquisition and investment incentives, Johnpaul has been instrumental in advising clients in Zanzibar and handling complex post-registration compliance matters.
Linda is Ark's legal counsel, focusing on tax administration and corporate due diligence for clients. With a background in fraud investigation and consultancy, she handles legal aspects related to company compliance, employment matters, mergers, acquisitions, and business licenses. Linda's expertise in labor and immigration law further strengthens Ark’s service offering to clients across various industries.