Requirements for company registration

Our checklist for company registration in Zimbabwe

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Requirements for company registration in Zimbabwe

1. Proposed company name(s)

We require 3-5 proposed company names.

*The proposed company names must be different from each other and not variations of the same name e.g. Progress Investments, Progress Group, Progress Enterprises, Progress Engineering etc. Abbreviations are not allowed e.g. CBZ, ZB, TM etc. The use of qualifiers is highly encouraged e.g. Enterprises, Incorporated, Investments, Group or industry specific qualifiers e.g. XXXX Logistics, XXXX Mining Corporation etc.

2. Business objectives

These are the business objectives to be carried out when the company has been registered e.g. mining, logistics or farming.

3. Directors information

  • Name(s)
  • National identity number or passport number
  • Nationality
  • Physical or business address

*A Private Limited Company should have at least 2 director who are above the age of 16 and not bankrupt or disqualified. At least one director should be a resident of Zimbabwe.

4. Shareholders information (if shareholder is an individual)

  • Name(s)
  • Nationality

5. Shareholders information (if shareholder is a corporate)

  • Company name and number
  • Company address
  • Company representatives name(s)

If the shareholder is a corporate you are also supposed to provide a beneficial owner of the company. You need to provide the following information about the beneficial owner:

  • Name(s)
  • National identity number or passport number
  • Physical, postal and email addresses

Find out more about our declaration of beneficial ownership service.

6. Company secretary’s information (optional)

  • Name(s)
  • National identity number or passport number
  • Nationality
  • Physical or business address

A Private Limited Company secretary should be above the age of 16 and not bankrupt or disqualified.

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Requirements for company registration in Zimbabwe frequently asked questions

Are the requirements for company registration in Zimbabwe the same for a PLC & PBC?

They are generally the same with a few differences. But those listed above are those that are neccessary to register your company.

Why do you need 3-5 proposed company names?

When submitting company names for approval you can submitt even one name. However, there is also a risk that it can be rejected. Once rejected, a client would need to pay an extra US$7.00. To prevent extra costs, we request our clients to provide 3-5 company names and also help them refine the names.

Can I use my home address as my company address?

Yes you can use you home address as your company address.

Can a non-Zimbabwean be a company director?

Yes they can be a director in a Zimbabwean company. However, there is need for at least one director to be ordinarily a resident of Zimbabwe.

Can shareholders also be directors?

Yes directors can also be directors. Directors are responsible for the day to day running of the company and they are appointed by the shareholders who are the owners of the company. The owners can also be responsible for the day to day running of the company.

Do you offer payment options?

Yes we do. Contact us so we can discuss available payment options.

Do I need a tax clearance to start trading?

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.

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