Requirements To Form A Company In Zimbabwe

E an original or certified copy of bank statement for the company. For operating entities a.

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List of four4 proposed company names.

Requirements to form a company in zimbabwe. The requirements are the same for a local company with one additional requirement that at least one of the directors must be Zimbabwean or in the case of foreigners be based in Zimbabwe. Below are the requirements for company registration in Zimbabwe explored in detail. The full names and ID numbers of between 1 to 20 members.

However there are no limitations with respect to the number of employees in a Private Limited Company. The 152 days account for all the registration processes that include the compilation and lodging of documentation. Requirements to register a PBC Company in Zimbabwe.

These are called the main objects of the PBC. Registration fees 12000 NB. Overall we think Zimbabwe is a bad option and have given it a score of 32 as an IO score using the IncorporationsIO proprietary formula.

These will serve as the owners shareholders and directors of the Private Business. The P8 and P6 Forms now must be generated by the applicant itself and are not freely available. The type of business the PBC will be focused on.

A fee of ZWL200 is payable. The company will be issued a registration number as well as the current tax tables and the pay-as-you-earn PAYE receipt books. Contact details of the person responsible.

Reply Rex on 16th May at 234 pm. Registration of Premises Certificate from Health Professions Authority 5. City Council Authority LetterReport for the Premises 6.

A company should have at least two directors however a company only appoint one secretary. Proof of the sources of the funds. Its an attitude a way of doing things perfectly every time.

A minimum fee of ZWL600 is payable to the registrar of companies. A list of prerequisites you need to register a company in Zimbabwe is shown below. Typically companies take 2 weeks to setup and there are 1 director s required and 1 shareholder s required at the time of incorporation.

30 Applicant should be registered in Zimbabwe and should provide CR14CR6 and CR2 forms. Get Your Quote or Call. Excellence is an obsession not because it generates better results but because people who achieve it truly believe in it.

REQUIREMENTS FOR IMPORTERS OF FUEL REQUIREMENTS FOR LICENSE 10 Applicant should provide a clear management structure and a brief profile. Current Open Practising Certificates 4. Tax clearance certificate from ZIMRA 7.

It require annual returns for a fee between 50 to 80. Non-Zimbabweans may be members of a Private Limited Company PLC provided that they have at least one resident Zimbabwean as a director. 20 Applicants major shareholding 5 1 should be by Zimbabweans.

Proof of availability of capital funds in the form of a bank statement in the name of the proposed institution. Relevant Application Form from AHFoZ Offices 2500 2. CR 6 FORM It states the companys directors and the company secretary.

Appoint Directors And A Company Secretary It is a requisite to appoint a director and a company secretary when registering a company in Zimbabwe. A survey done under the 2012 World Banks Doing Business initiative concluded that prospective business persons in Zimbabwe could wait for about 152 days before all requirements for starting a business can be finalized. Information about PBC members ie names ID numbers.

D a certified copies of National IdentityPassportsDriver Licence for all the directors on the companys current Form CR14. A PLC Private Limited Company accommodates all sizes of businesses from small to large enterprises. A fee of ZWL200 is payable.

Four 4 unique company names Come up with at least four 4 unique company names for your business. Requirements for company registration as a PBC. Business physical and postal addresses.

The company core business. Of the capital with the Registrar of Companies in the form of copies of Forms CR 5 CR11 where capital has been increased CR 2 and receipt for payment of stamp duty. CR 5 Form It states the physical postal and email addresses of the company.

F Proof of residence of two directors on CR14 in the form of water electricity billPrepaid ZESA receipts in. At least one of the directors should be a Zimbabwean and the company secretary should be a Zimbabwean also. 263 774080546 Give us a call for a quote or click the button to submit an inquiry.

The ITF 16 Form must be completed in consultation with the Income Tax Office. A Private Limited Company can have a minimum of one 1 member and a maximum of fifty 50 members.

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