OMC`s Registration
Registration and De-registration
Registration of OMCs;
For the company to be registered as an OMC under Bulk Procurement System the following documents must be submitted to the Agency;
- Application letter;
- A certified true copy of the following;
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- Certificate of Incorporation;
- Petroleum Wholesale license issued by EWURA;
- Business Trading License;
- TRA Importation License;
- TIN Certificate;
- VAT Certificate;
- Memorandum and Article of Association;
- Hospitality agreement(s) or proof of own storage facility;
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- Specimen signature of at least two representatives;
- List of staff responsible in handling all operations related to receiving of petroleum products;
- Three months’ importation projections volume;
- Letter from BRELA showing the current status of the company including;
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- Name of Shareholders (number of shares should be stated);
- Name of Directors;
- The last time the company filed returns;
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- Comfort letter from OMC banker stating the OMCs financial position;
- Tax clearance certificate and;
- Source of financing proved by a letter from financier committing to finance the OMC.
Application fee
The company applying to be registered by the Agency as OMC shall be required to pay registration fees of Tsh. 5,000,000/= (Five Million Shillings Only) or as shall be approved by the Minister responsible for Petroleum affairs.
De-registration of OMCs
OMCs registered with the Agency shall be deregistered and shall not be allowed to participate in tenders upon occurrence of either of the undermentioned incidences: -
- Upon expiration of OMCs petroleum wholesale license issued by EWURA; or
- Revocation of OMCs petroleum wholesale license issued by EWURA.