How To Register A Business In Zambia
A It should be noted that Withholding Tax is deductible from a payee who is not in business in Zambia but renders a service to a person carrying on business in Zambia. The Zambian public limited company Public company Setting up a Zambia PLC requires at least 2 shareholders and 2 directors of any nationality.
They are two ways.
How to register a business in zambia. It is located at Kwacha House Lusakas Cairo road. Use the search below to find the licenses you will require to. Form a Profit or Non-Profit Corporation.
Downloaded from the Bank of Zambia website must be completed and submitted by the applicant to the Registrar at the Bank of Zambia. The manual form can be obtained from any of the front offices at ZRA offices or it can be downloaded from the ZRA website. One of the easiest and quickest ways to start running a business in Zambia is to register a business name.
To register a Company Business it only takes 24 hours. Like for an LLC one of the directors must however be resident in Zambia. The maximum number of partners for a business operating as a business name is 10 individuals.
Businesses operating in Zambia are typically required to obtain one or more licenses and permits depending on the activities of their enterprise. Start a Business Step 1. Individual or firm with a place of business in Zambia and carrying on business under a business name to be registered with PACRA s 4.
The Patents and Companies Registration Agency PACRA is a semi-autonomous executive agency of the Zambian Ministry of Commerce Trade and Industry. The Act is supplemented by subsidiary legislation Statutory Instruments which stipulate feesforms and detailed procedures The rationale for registration is. Identify Your Type of Business.
This website enables you to obtain information on the licenses pertaining to your business. Getting Started with a Florida Business. Profit Articles of Incorporation Non-Profit Articles of Incorporation.
The minimum share capital required to incorporate the PLC is US10000. You can register a business name alone as a sole proprietor or with partners. Outlines Step by Step Process of Registering a business in Zambia Online with PACRA.
Research Starting a Business. Did you Know that Zambia is a country endowed with minerals and the 2nd Largest Producer of Cobalt the 7th Largest Producer of Copper also the home of the Victoria Falls one of the Seven Natural Wonders of the World. Decide on a Corporate Structure.
Doing Business Company Registration in Zambia Zambia at a Glance. Once again just like the online registration to complete the business registration you will need to the One-Stop-Shop for business registration. A business name is the name your business operates under.
Its principal functions are to operate a legal system for registration and protection of commercial and industrial property and to serve as a legal depository of the information tendered for registration. Taxpayers who have challenges with online registration can still register manually by completing a ZRA prescribed registration form. Upon submission you will pay a non refundable fee of ZMW 500000 approximately US 51800.
What am I applying for. If you are a company already registered in your home country You will approach PACRA the registrar of patents and business in Lusaka Zambia with all the documents of your company and collect relevant forms to be filled. The WHT rate for management and consultancy fees for non-residents is 20 and is the final tax.
Once the registration of a company is successfully done at the Patents and Companies Registration Agency PACRA one needs to register with ZRA for a tax payer identification number TPIN No The TPIN number is then used to register for the various taxes applicable to the specific type and nature of the registered business. Name clearance documentation and all other processes you go through are. ZAMBIA INSTITUTE OF ESTATE AGENTS ZIEA PAID UP FULL MEMBERS ASSOCIATE MEMBERS STUDENT MEMBERS AND CORPORATE MEMBERS FOR 2020.
I An application form Form MFI completed by the promoters of the. Zambia Institute of Estate Agents was established under Act 21 of 2000 of the laws of Zambia with responsibility of regulating the practice and Business of Estate Agency in Zambia.
