How To Register A Company In Zimbabwe

How To Register A Company In Zimbabwe

Registration is the process by which a company files required documents with the Securities and Exchange Commission (SEC), detailing the particulars of a proposed public offering. The registration typically has two parts: the prospectus and private filings.

In this article Dashboardlogins.com tries to answer the question by publishing How To Register A Company In Zimbabwe

Below are How To Register A Company In Zimbabwe

Business registration makes an enterprise formal. Formalization enables enterprises to operate freely without fear of regulatory authorities and penalties. Business registration also opens up opportunities such as markets in public sector, easier access to loans, and other services. In Zimbabwe an enterprise needs to register under one of the following business forms:

o Private company – Registration done by Registrar of Companies
o Private Business Corporation – registration done by Registrar of Companies
o Cooperative – Registrar of Cooperatives

When starting an enterprise, the choice of the form of business to be adopted is important and can make a difference with regards to the:

• Cost of a start-up and the amount of legal fees for registering the business
• Simplicity or complexity of starting and administering the business
• Financial risks for the owner of the business
• Possibility of having business partners
• Decision making process in the company
• Taxation of business profits

• Registration for taxation is done by Zimbabwe Revenue Authority (Zimra)
• Council Licensing – Respective council in the area where the enterprise is operating from
• Registration with National Social Security Association (NSSA) if the enterprise employs people (done by NSSA)

Process of registering a business

The process of registering a business depends on the form of business one wishes to register:

1.  Private Companies under the Private Companies [Chapter 24:03]

Company Registration Procedure

1. N.B: CR21, and CR14, PBC 1 AND PBC FORMS bought from bookshops
2. Fill and submit name search form CR21 in duplicate in a flat file. [Fee: ZWL5.00]
3. Form CV4 is issued from the office to client confirming reserved name or rejection.
4. If name is reserved, prepare and submit Memorandum and Articles of Association with a minimum fee of ZWL100, together with CR6 (Physical and postal address of company) and form CR14 for (Directorship).
5. Certificate of Incorporation is issued by the Registrar. 

Note: A one-off payment of ZWL140.00 is paid on submission of the Memorandum and Articles of Association, CR14 and CR6 for the certification of registration.

Total fee for company registration is ZWL145.00

NB: All documents should be submitted in duplicate.

Private Business Business Corporation

Registration Procedure

1. Fill and submit name search form PBC1 in duplicate.  [Fee: ZWL5.00]
2. Form CV4 is issued from the office to client confirming reserved name or rejection.
3. Client lodges CV4 form of approved name with form PBC2, which is a statement of Incorporation in duplicate (the form contains name of PBC, name of members, percentage contribution of each member, name of accounting officer, certified copy of accounting officer qualifications, business and operational address of PBC. [Fee: ZWL20.00]
4. Total fee for PBC Registration: ZWL25.00

Can you register a company online in Zimbabwe?

Yes. Company Formations offers online company registration in Zimbabwe that’s how we are able to register companies for clients from every city in Zimbabwe and non-Zimbabwean resident clients. Just fill in your company registration online form and we will contact you as soon as we receive the application.