If youre an entrepreneur with a viable business idea and a solid business plan, youll need to know how to register a company before you can start doing business. We dont register businesses alone but give you a good kickstart to gear a business for success. At this stage, you submit company registration form 21 c. Consult the step by step guide for customer registration for assistance in registering a customer code. In terms of the companies act, 2008, a company may be registered with or without a company name. When a company is registered without a reserved name, its registration number automatically becomes the company name.
Starting a minibuskombi transport business in zimbabwe and. The private business corporation pbc company structure is a less common but viable option for company registration in zimbabwe. For this reason we highly recommend that you register your trademark in zimbabwe if this is a jurisdiction you or your company have an interest in. This guide has been prepared for the assistance of those interested in doing business in zimbabwe.
How to start an ngo by joanna moshman starting an ngo can be a very timeconsuming process. This is done by filing the particulars a of register of. Company reg 263 is a team of skilled experts with more than two 2 years offering business registration, bookkeeping and tax consultancy to individualbusinesses in zimbabwe. Register your business in zimbabwe as a pbc private business corporation or pvt ltd private limited company. Well kept up to date by email and sms during the registration process. Dec 26, 2016 startupbiz zimbabwe is a business research firm based in zimbabwe. Forms lodged to update information in the company file. Registration is done at the patents and companies registration office. Aug 12, 2016 heres the step by step process for registering your startup as a private business corporation in zimbabwe. Expert company registration in zimbabwe register as a pbc or as a plc. A company is incorporated by the lodging of a notice of incorporation cor 14.
To provide for the constitution, incorporation, registration, management and internal administration of companies and winding up of companies and private business corporations. Company registration in zimbabwe business consultant. The procedure is basically the same whether you are registering a pbc private business corporation or a plc private limited company. An act to consolidate and amend the laws in force in zimbabwe relating to the constitution, i n corporation, registration, management, administration and. For those wishing to form a nonprofit company, cooperative, association, membership organisation, etc. It takes 6 days to hear from the company office after submitting a name search form.
Companies registration offices in harare and bulawayo keep records of all companies registered in zimbabwe. Contrary to the view that this is a long and tedious process, choosing the right registrar can make your life. This article gives the requirements for company registration under these 2 types of companies. Zimbabwe companies registry also assists you in registering alternative organisations such as churches, nonprofit making organisations, trusts. Dec 28, 2016 operating a minibuskombi transport business in zimbabwe is a highly rewarding venture if done properly. These forms are available for download from the cipcs website. An act to consolidate and amend the laws in force in zimbabwe relating to the constitution, in corporation, registration, management, administration and winding up of companies and other associations, and for other purposes incidental thereto. In terms of the private voluntary organisations act chapter 17. Companies and other business entities act, 2019 veritaszim. Any two or more persons can incorporate a company under the companys act.
Nearly all firms have a headquarters office in harare. Procedure for company registration in zimbabwe pbc and pvt ltd. These are the companies act for private limited companies and the. A minibus business will pump cash into your pocket every day if operated efficiently. Botswana company registration the best in the world. Oct 10, 2015 registration of a private business corporation, zimbabwe this is a business entity registered in terms of the private business corporation act chapter 24. Heres the step by step process for registering your. Benefits of registering a company newsday zimbabwe. The requirements for the two are basically the same but some slight differences exist. Startupbiz zimbabwe also publishes articles on business ideas, business news, business tips, personal finance, entrepreneur interviews and profiles.
On a southern african developing economies level, zimbabwe is ranked below the average current average is 128 the last update to the registration process was in 2011. Company registrations zimbabwe company registration. Company registration in zimbabwe, harare, zimbabwe. You should list them in order of preference, as the registrar will consider the second name should the first be unavailable or deemed close to a registered company, and the third if the second. Company registration 263 in zimbabwe helps entrepreneurs to register company in any part of zimbabwe. Jul 08, 20 zimbabwe is ranked lowest in southern africa. Corporate registrations company registration in zimbabwe. Zimbabwe has 2 laws that govern company and business registrations. It is relatively easy to locate office space in zimbabwe. How to register a company in 3 steps register your company from the comfort of your house or office.
It requires a strong vision and dedication from an individual or group that share a common concern about a community. We sell prewritten business plans for various industries including agriculture, transport, manufacturing, retail and education. Zimbabwe eased business startup by reducing registration fees and speeding up the name search process and company and tax. Zimbabwe companies registry company registration in zimbabwe. Oct 02, 2018 nongovernmental organisations and nonprofit organisations can be operated or opened in three 3 different forms. Click to view all contact details for company registration 263 company registration 263. New company registration in order to use this step by step guide, you should have registered a customer code and have adequate credit in your customer code. We promise to get your company registered in 10 working days and kickstart it towards success. You can now register a company online in zimbabwe techzim. Registration, licenses and permits company formation and registration the companys act cap 388 governs the registration of companies in zambia. These are the companies act for private limited companies and the private business corporations act for private business corporations. A company can be registered in zimbabwe either as a private business corporationpbc or as a private limited company plc.
This act may be cited as the companies act chapter 24. We have helped many entrepreneurs to successfully register their companies in just 12 working days. Doing business in zimbabwe grant thornton zimbabwe. A company registration may vary between r125 and r475 r125 for a private company, r475 for a nonprofit company registered without members. The process of company registrations zimbabwe has not been much clearer. There is the name search and reservation stage and then there is the incorporation and registration stage.
Heres the step by step process for registering your startup as a private business corporation in zimbabwe. Registration procedure 1 application for name search on cr21 forms. Economy profile of zimbabwe doing business 2020 indicators in order of appearance in the document starting a business procedures, time, cost and paid in minimum capital to start a limited liability company dealing with construction permits procedures, time and cost to complete all formalities to build a warehouse and the quality control and. Registration of a private business corporation, zimbabwe. The primary benefit of a pbc is the limited liability protection it provides to the owners meaning their personal finances are protected in the event of the registered company encountering difficulties. Any two or more persons can incorporate a company under the company s act. Practical guide to registering a business in zimbabwe. The local trademark registration process in zimbabwe takes approximately 12 months from the application date. The procedure for company registration in zimbabwe is divided into 2 stages.
This act allows a small business to become a body corporate with limited liability and perpetual succession. Procedure for company registration in zimbabwe pbc and. Jun 28, 2017 zimbabwe is a developing african country, like many of its kind is faced by many developmental challenges including lack of regulations, policies and laws pertaining to business ethics. I was instructed as was everyone else who tried registering i think to revert. Organize your business in zimbabwe as a legal entity. Requirements for company registration in zimbabwe what you need. As of early 2014, harare still had a significant amount of unused office space in the city center, although for security reasons, companies are increasingly leasing office space in lowdensity neighborhoods.
If you wish to run a franchise business, you would register a private company. Part of our services include company registrations, director amendments, annual return submissions, tax and accounting services, etc. Registration, licenses and permits company formation and registration the company s act cap 388 governs the registration of companies in zambia. How to register a company registration zimbabwe youth. Such a company may transact with a trading business name, or may apply to add a. Company registration in zimbabwe, avondale, mashonaland east, zimbabwe. Millions of zimbabweans who use public transport prefer travelling via commuter omnibuses especially for short to medium distances. Starting preschool business in zimbabwe and the business plan. Heres the step by step process for registering your startup. Register with the tax authorities for income tax, vat, and paye. There are five types of companies that you can register. The registrar issues the certificate of incorporation.
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