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How to register a company in Zambia as a foreigner?
Zambia Company Registration For Foreigners: A Step-by-Step Guide Step 1: Name Search and Reservation. Step 2: Prepare Required Documents. Step 3: Submit Documents to PACRA. Step 4: Tax Registration. Step 5: Business Licenses and Permits. Step 6: Open a Business Bank Account.
What is PACRA in Zambia?
The Patents and Companies Registration Agency (PACRA) is a statutory body under the Ministry of Commerce, Trade and Industry.
How much does it cost to register a business name in Zambia?
The clearance is done by the Patent And Companies Registration Agency (PACRA), an agency governed by the Patents and Companies Registration Agency Act (2010) and the Registration of Business Names (2011). It costs ZMK 83 for name search and ZMK 166 for name reservation (source: World Bank, Doing Business 2018).
What is the easiest country to open a business as a foreigner?
Which country is best to start a company as a foreigner? Hong Kong, Singapore, and the UAE are top choices. They allow full foreign ownership, online setup, and no relocation required. Hong Kong is ideal for Asia, Singapore for startups, and the UAE for low-tax access to emerging markets.
What is the PACRA Whatsapp number?
PACRA has now introduced a Whatsapp line for quicker responses, +260 978962113.
APPLYING FOR AN INVESTMENT CERTIFICATE Certificate of Incorporation. Investment Requirement of US$250,000 (for Self Employment Permit purposes) and US$500,000 in a priority sector (for Special Incentives purposes) Completed Official Application Form. Processing Fee of K 1,280,000 inclusive of VAT.
What is the process of registering a company in Zambia?
Starting a business in 7 steps: Check the company name for unique. The declaration of compliance (Companies Form 11) must be signed by a Commissioner of Oaths. Obtain a tax ID number. Register for Social Security. Register for VAT. Get an investment registration certificate (optional)
How to get a business permit in Zambia?
Covering letter to the Director General of Immigration; Certificate of Incorporation; Appropriate license; List of Directors; Certificate of Share Capital; Certificate of Registration of Business Name (where applicable); Investment License (if any); Proof of ownership of land or lease agreement (where applicable); and.
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Zambia - Doing Business
In order to register with the National Pension Scheme Authority, the applicant must file an. Employer Registration form and attach a copy of the companys
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