The future of Tanzania is in the hands of the women and girls of Tanzania! The World Bank said the Government should invest in girls. This will improve the quality of life in Tanzania. More and more women will get better education and get better paid jobs. They will also look for the Best Beauty Products in Tanzania. Why won’t you take advantage of this evolution? Start selling the Best Beauty Products in Tanzania, now!

Proposed Increase of Import Duties on Human Hair is not helping

The Finance Act, 2019 is published on the Special Gazette of the United Republic of Tanzania. To increase Government spending a new Harmonized System Code or HS code was introduced. These codes are used to classify traded goods. The new HS code 0501.00.00 Human hair, unworked whether or not washed or scoured; waste of human hair and has an Excise Rate of :

10 percent if locally manufactured or

25 percent if imported.

At the time of writing this post, September 2019 The Finance Act, 2019 was still in the phase of first reading and not yet implemented.

Proposed tax will not stop women of buying hair extensions and wigs in Tanzania

The proposed increase of tax on human hair is of course not helping to start a business with the Best Beauty Products in Tanzania. This attempt to keep hold of traditional values will perhaps delay the change in the Tanzanian Society, but never stop. Many women already wear wigs and hair extensions because they feel it makes them feel and look good.

The business environment in Tanzania remains challenging but offers opportunities

The World Bank sees it is still rather difficult to do business in Tanzania. The biggest struggle for businesses are in the areas of:
– trading across borders,
– starting a business and
– paying taxes.

To import goods into Tanzania it is well known the complicated documentation requirements are a main hurdle. Regarding taxes, start ups sometimes have to pay taxes based upon estimated revenues, even before commencing operations.

The goal of the government is to become a middle-income country by 2025. This goal requires reforms. One of the most important reform is on the increase of the role of women in the economy. Reduce child marriage and early childbearing plus more education for girls will help the country to reduce the poverty and increase the average income.

Start Your Beauty Store now

With the aim of the Government to become a middle-income country, and the planned reforms for girls, this is the time to prepare the launch of your hair business. You should not wait until everybody has discovered the attractive and growing hair business. This is the time to grab your place on the market. So do not wait.

Start with obtaining the right education, both on language (English) and business skills.

And invest time to find the best hair wholesale company.

With the best hair and the right education you will become financially independent. And have a fun business with the girls of Tanzania talking hair all day, with or without the higher tax on human hair.

Contact me if needed, I love to help you