Limited by Guarantee Package from just US$380.00
If you’d prefer to complete your order over the phone, call or WhatsApp us on 0786 507 158 or (0242) 709 443.
Register a Company Limited by Guarantee in Zimbabwe – Summary
Companies limited by guarantee are often social enterprises – bodies like membership organisations, worker co-operatives, sports clubs, and community centres. They are a different type of limited company offering their shareholders limited financial exposure and liability in the event that their enterprise enters insolvency.
Unlike a standard Private Limited Company, there are no shareholders or shares – there are guarantors who agree in advance to pay up to an agreement amount towards company liabilities.
Again, unlike a standard Private Limited Company, profits are not generally distributed to the shareholders because any surplus funds should be re-invested to help the company achieve its social or other aims. Guarantors are legally entitled to take profits from the limited company but, if they do so, the company will lose its right to be considered as a not-for-profit enterprise.
As with a standard Private Limited Company, a company limited by guarantee has its own legal identity and the personal finances of its guarantors are protected because of the pre-agreed limit of liability put in place at formation and from that point onward.
Register Your Company has been involved in the successful setting up of hundreds of companies limited by guarantee. Our team of experienced staff will work with from you right from the initial set-up through to the point of establishment of your company limited by guarantee and beyond.
Companies limited by guarantee are not a suitable legal vehicle for the registration of a charitable company.
For help and advice on registering a charitable company, please call us on +263 786 507 158 or +263 (0242) 709 883 or email us at info@registeryourcompany.co.zw
Company Limited by Guarantee
- Filing Fee Inclusive – we pay the Companies Registry filing fee on your behalf
- Quick Service – PLC incorporated within 21-30 working days (depending on the Companies Registry)
- Name Search to determine which name is available for registration
- Certificate of Incorporation – proof of company registration
- CR 5 – list of company addresses
- CR 6 – list of company directors, secretary and/or principal officer
- Beskope Memorandum and Articles of Association – tailor made to suit your businesses objects and rules and regulations
- Members Certificates printed on high quality paper
Experience High Quality Service
Why choose us for company registration
- No hidden charges
- Speedy service
- 30+ years combined industry experience
- Trusted service
- Simple company registration service
More reasons to register a company with us
No Hidden Fees
Ready To Trade Company
When you register a company with us, your company will be ready to start trading on the same day the company is incorporated. All our Private Limited Companies start trading once you receive confirmation and your copies.
Free Advice & Support
Register Your Comany provide free support and advice to all our clients. Our team of professionals is on hand via telephone, email or WhatsApp. Support and advice are always provided before, during, and after the company registration.
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Thorough Help & Support
We know that registering a company can sometimes be daunting. That’s why Register Your Company provide free expert support for all of our clients. Our professional team are available via phone, email, and our WhatsApp chat to provide help before, during, and after your company formation.
Hussle Free Registration
When you set up a company using Your Company Formation, all you need to do is fill out the online forms. We don’t require any supporting documents or signatures, making the process fast and straightforward.ary to make changes to your business once it’s formed. With this in mind, we give our clients access to an online company manager which allows you to manage and make changes to your company for free.
Free Updates
Professional Advice & Support
Getting started with a new company can have its difficulties, which is why we are on hand to provide professional support and advice. You can contact our experts via phone, email, and online chat and we’ll help you every step of the way. We make our services available to customers before, during, and after the company formation process.
Hussle Free Registration
When you set up a company using Your Company Formation, all you need to do is fill out the online forms. We don’t require any supporting documents or signatures, making the process fast and straightforward.ary to make changes to your business once it’s formed. With this in mind, we give our clients access to an online company manager which allows you to manage and make changes to your company for free.
Not in Zimbabwe, and need to register a company? Take a look at our non-residence packages
Not in Zimbabwe and need to register a company? Take a look at our non-residence packages
Have a question? Contact us today
Private Limited Company Frequently Asked Questions
What are features of a company limited by guarantee?
Companies limited by guarantee do not have shareholders – they have guarantors who have agreed to pay up to a certain amount to creditors in the case of insolvency. Profits made by a company limited by guarantee are normally re-invested into the company to better pursue its social, philanthropic, community, or other aims.
Who can be a guarantor in a company limited by guarantee?
You can choose either a person or a corporate body (like a limited company) as a guarantor. Guarantors’ details are available for the public to view at the Companie Office.
How many people do I need to register a company limited by guarantee?
Each company limited by guarantee needs at least two company directors and at least one guarantor. You may nominate as many guarantors as you wish.
Who owns a company limited by guarantee?
A company limited by guarantee is owned by its guarantors. Guarantors do not own shares as with a standard limited company – they guarantee to pay up to a certain amount of money to the company’s creditors in case of insolvency.
Who can be a guarantor in a company limited by guarantee?
You can choose either a person or a corporate body (like a limited company) as a guarantor. Guarantors’ details are available for the public to view at the Companies Registry.
What are the requirements for registering a company limited by guarantee in Zimbabwe?
- A unique company name (i.e., not identical or too similar to the name of another registered company)
- Objectives of the company
- Guarantors information i.e. names and addresses
- Physical and postal address of the company
- Company directors and secretary information i.e. name(s) national identity number, nationality and address
How much does it cost to register a company limited by guarantee in Zimbabwe?
It costs US$380.00 to register a Company Limited by Guarantee.
Do you offer payment options?
Yes we do. Contact us so we can discuss available payment options.
What documents do I receive when I register a company limited by guarantee?
You will receive:
- Certificate of Incorporation
- CR 5
- CR 6
- Memorandum & articles of association
Do I need a tax clearance to start trading in Zimbabwe?
The Zimbabwe Revenue Authority (ZIMRA) would require you to acquire a tax clearance within 30 days after you start trading. You would also find it difficult to do business with the government and other big companies without a tax clearance. So yes you would need a tax clearance to give your new company a greater chance of survival.
Do I need a bank account to start trading?
It is not really a legal requirement for your company to have a business bank account; however, in practice you will find it extremely hard to operate a business without its own bank account. Register Your Company offers Private Limited Company and Private Business Corporation packages packages that make it easy for you to open a bank account.
How do we order your company limited by guarantee service?
You can order a company limited by guarantee online by completing our company registration forms. Alternatively, you can order by calling or WhatsApp +263 786 507 158.
If I change my mind, can I de-register my company easily?
The short answer is yes! If you register a company limited by guarantee in Zimbabwe and decide not to start trading, deregistering (or striking off) the company is a simple and a cheap process. Register Your Company provide a cost-effective company de-registration service for all clients.
What support will Register Your Company provide me with?
Register Your Company have worked with guarantors setting up limited companies by guarantee for years. Setting up a limited company by guarantee is more complicated than setting up a standard limited company so we would strongly advise you to take up our team’s assistance. During the process and after the company has been set up, we’re here to help at no extra charge by email, phone or WhatsApp.
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I just searched company registration in Zimbabwe on Google and found you guys. Your company registration service was outstanding. My company was registered within the specified time. I would recomend your service to anyone any day. Thank you.
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