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Practice Areas

Banking and Financial Institutions

The banking and finance sector is a global giant sector which interconnects with multiple other sectors. The Banking and Finance sector involves varieties of financial products across multiple jurisdictions. With increasingly sophisticated financing structures, the modern banking law and practice is becoming ever more complex. Magna Attorneys has a team of lawyers who have an understanding of the modern banking law and enough experience to manage complex financial transactions, and to advise clients on all aspects of banking law.
We handle and advise banks and financial institutions of all scales in their lending operations. We conduct due diligence on prospective borrowers and provide legal opinion on their corporate standing and its collaterals. We prepare loan agreements, loan syndication arrangements, security documentation and registration at the relevant registries. We provide loan recovery services/enforcement of securities, receiverships and liquidations. We give advice on loan buyouts, loan re-negotiations and rescheduling arrangements.

Corporate and Commercial

Corporate commercial governance is a fundamental practice area of the Firm. Magna Attorneys provides corporate advisory services to a wide number of clients in the public and private sector. Our lawyers have a broad range of experience in advising and assisting clients to form businesses and establish a corporate presence in Tanzania. We prepare, review and negotiate commercial agreements, we advise executives on various regulatory compliance matters. We provide services on corporate restructuring, joint venture mergers and acquisitions. We are always on the look for innovative ways to deliver our services and exceed our clients’ expectations.

Employment and Labor Relations

Magna Attorneys’ Employment and Labor team offers extensive expertise in both contentious and non-contentious employment and labor law. We provide comprehensive legal advice on various labor law matters, including employment contract review, disciplinary actions, termination procedures, employee benefits, and representation in labor tribunals and courts. Additionally, the firm advises on labor union negotiations, administers collective bargaining agreements, and offers consultancy services to employers on recruitment, statutory and non-statutory services, including hiring expatriate personnel, employment contracts, work permits, and industrial relations.

Litigation and Disputes

Business expansion, evolving legal frameworks, and global transactions increase the potential for litigation and commercial disputes in Tanzania and worldwide. Companies and individuals seek to minimize the risk of legal disputes cost-effectively. Magna Attorneys addresses this need by providing strong litigators capable of efficiently handling various types of litigation. We offer counsel and representation in civil and commercial cases across different court jurisdictions, quasi-judicial bodies, and Alternative Dispute Resolution tribunals. Additionally, the firm supports clients in drafting and filing court documents while prioritizing commercially feasible solutions.

Legal and Regulatory Compliance Advisory

Legal and regulatory compliance is crucial for all businesses, irrespective of their size or industry. Magna Attorneys is dedicated to assisting clients in navigating the ever-changing regulatory landscape and ensuring adherence to both general and sector-specific regulations. With a profound understanding of Tanzania’s regulatory environment, the team provides guidance on regulatory disclosure and addresses issues that may encumber clients, representing them before regulatory authorities when necessary. Their advisory services are designed with a commercial perspective, aiming to assist clients in meeting their needs cost-effectively. Additionally, the firm keeps clients informed about new legal requirements through continuous updates on evolving laws and regulations.

Insurance Law and Practice

Magna Attorneys provides ultra-modern advisory services to both, insurers and the insured. We handle and advise clients on setting up of insurance underwriting, insurance brokerage, agency and other insurance related businesses and interpretation and enforcement of insurance contracts.
Our team of lawyers has notable experience in guiding our insurance clients through major insurance issues, including but not limited to establishing offices and obtaining licenses, establishing distribution and agency networks, joint ventures, and mergers and acquisitions.
We guide our clients to comply with regulation and standards which govern the practice of insurance sales, policy writing. We handle simple and complex insurance claims. We have handled all aspects of insurance and reinsurance disputes, claims and coverage work, and fast-track arbitrations and mediations.

Tax

The Government’s constant efforts to increase tax revenue has been the main driver for new challenges in tax planning for corporations, not-for-profits and individuals. One requires to have extensive knowledge of the local tax law, tax practice and tax treaties involving countries where our clients run their operations and activities. With our wide spread knowhow, we have advised local companies, global corporations, not-for-profits and individual clients on local tax laws and complex tax matters with cross-border nature.
We have handled matters relating to tax planning and tax compliance arrangements. Our tax consultancy services are tailor made to fit the client’s need. We ensure maximization and protection of tax benefits to our clients while constantly reviewing evolving tax laws and its attendant regulations.
Our tax team possesses strong knowledge and experience of tax issues in local and cross-border transactional deals. For unavoidable disputes, we successfully help our clients through representation in tax boards, tax tribunals and courts.

Fintech law

The rise of digital technology in the financial services sector (fintech) has prompted global regulators to focus on creating controlled environments called regulatory sandboxes to foster innovation. This changing regulatory landscape presents both opportunities and challenges for fintech companies, traditional financial institutions, and regulators.

We assist clients in comprehending and navigating the rules governing their participation in the financial services landscape and the sale of financial products. Our fintech team, comprised of specialized lawyers in banking and financial services regulation, technology, media, telecommunications, and data protection, offers services spanning the establishment of financial service businesses, acquiring licenses for various financial products, ensuring compliance with regulators, investments, and managing disputes.

Intellectual Property (IP)

The rise of digital technology in the financial services sector (fintech) has prompted global regulators to focus on creating controlled environments called regulatory sandboxes to foster innovation. This changing regulatory landscape presents both opportunities and challenges for fintech companies, traditional financial institutions, and regulators.

We assist clients in comprehending and navigating the rules governing their participation in the financial services landscape and the sale of financial products. Our fintech team, comprised of specialized lawyers in banking and financial services regulation, technology, media, telecommunications, and data protection, offers services spanning the establishment of financial service businesses, acquiring licenses for various financial products, ensuring compliance with regulators, investments, and managing disputes.

Real Estate

Real estate sector is growing very fast in response to the Tanzania developing economy. As it is in any other growing sector, investors, property developers, land owners, landers, underwriters and occupiers in real estate sector face many challenges. We assist our clients to anticipate and control any legal issues when they arise. We support our clients throughout the life circle of the real estate project.
We provide legal advice in all stages of real estate transactions. We specifically advice on transfer of interest in properties, leases, mortgages and mortgage financing, acquisition, permits, property tax and investments in land. Also, our clients trust us to manage their land disputes in tribunals and courts.

Not-for-Profits Practice

We have a deep understanding of the not-for-profits regulatory framework in Tanzania. We have advised local and international Non- Governmental Organizations, social enterprises, charitable organizations, societies, associations and clubs. We have assisted our clients to register their organizations and remain compliant after registration.
We have advised our clients on the best corporate governance practice for not-for-profits. Our areas of specialty include registration of a new not- for-profit organization, drafting and reviewing of governing documents and policies, tax matters (charitable status and exemptions), conflict of interest, employment and labor matters and general compliance.

Energy and Natural Resources

Tanzania is one of the few emerging country rich in natural resources in Africa. This has attracted huge investments in the energy, oil, gas and mining sectors with significant number of cross-border deals.
We are excited to practice the Energy and Natural Resources area of law because we have a comprehensive understanding of energy, oil, gas and mining businesses, we are well equipped with the local knowledge and have great relationship with the government regulatory authorities.
Our team has extensive experience in corporate financing, local content, licensing and regulatory compliance, conveyancing and real estate, employment and labor, tax law and environmental law.
We provide legal advice on the entire lifecycle of energy, oil, gas and mining projects, from exploration, drilling, extraction, transportation refining and distribution.

Sports and Entertainment

Magna Attorneys has sports and entertainment law specialists with high degree of knowledge and understanding of sports and entertainment issues including sports contract and contractual liability, delictual liability, employment issues in sports and entertainment industry, liability for sports injuries and contractual rights.
Our team has been regularly engaged to represent clients in sports to disciplinary committees, ethics committees, Legal and Players’ Status Committee, FIFA Dispute Resolution Chamber and Court of Arbitration for Sports. Our team has represented some of the most famous sports clubs in Tanzania and individual clients.
We provide the best quality sports and entertainment law advise to sports clubs, owners, sponsors and governing bodies.

Immigration and Relocation Services

The need for immigration and relocation services has increased with an increase of expansion of companies throughout the globe. Always, Magna Attorneys ensures that our clients relocate smoothly and quickly.

Our immigration and relocation services team are equipped with the necessary technical smart legal skills to provide our clients with timely and convenient services in immigration and relocation issues as far as the Tanzania law stands. We advise by giving different dimensions to clients who are interested in moving to Tanzania.

We further help our clients to obtain visas for entry, work and residence permits together with their dependents. We work closely with talented and qualified professionals to provide the best advice possible to suit our clients’ business and individual needs, ensuring your move to Tanzania is structured not only to comply with the rigors of the immigration rules, but makes financial and practical sense too.

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