Trust Registration
Order your trust registration service by calling or WhatsApp on 0786 507 158 or (0242) 753 168 or email info@registeryourcompany.co.zw
Trust registration in Zimbabwe – Summary
Every year in Zimbabwe, more and more trusts are being registered because of the ‘separate legal entity’ principle it has from its founders.
Register Your Company has considerable experience to offer clients wishing to register their trusts in Zimbabwe. We can provide you with a tailor made trust deed that suites your specific requirements. Alternatively, if you have worked with a solicitor to draw up a trust deed for your trust, we can file them on your behalf during the incorporation process.
For help and advice on registering a trust in Zimbabwe, please call or WhatsApp us on +263 (0242) 753 168, or +263 786 507 158 email us at info@yourcompanycompany.co.zw.
*Please note – we are only registering family trusts. For other Non-Governmental Organisations, register a PVO.
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Trust Registrstion Frequently Asked Questions
What is a Trust?
A trust is a way of managing assets (money, investments, land or buildings) for people.
What are the benefits of registering a Trust in Zimbabwe?
Trusts are registered for different reasons including:
- to control and protect family assets.
- when someone’s too young to handle their affairs.
- when someone cannot handle their affairs because they’re incapacitated.
- to pass on assets while you’re still alive.
- to pass on assets when you die (a ‘will trust’)
What are the requirements for registering a Trust?
The requirements for registering a trust in Zimbabwe are as follows:
- Name of the trust
- Objectives of the trust
- Founders information i.e. name, address and ID number
- Trustees information i.e. name, addresses and ID numbers
- Beneficiaries information i.e. names, addresses and ID numbers
Who can be trustees in a Trust?
The requirements for registering a trust in Zimbabwe are as follows:
- Name of the trust
- Objectives of the trust
- Founders information i.e. name, address and ID number
- Trustees information i.e. name, addresses and ID numbers
- Beneficiaries information i.e. names, addresses and ID numbers
Who can be a beneficiary in a trust?
You can choose either a person or a corporate body (like a limited company)
What do I receive when I register a trust?
You will receive a trust deed.
How long does it take to register a trust in Zimbabwe?
It will take around 15 working days.
How much does it cost to register a Trust?
With Register Your Company registering a trust costs US$350.00. The costs include preparation of the trust deed, lawyers seal and lodging fees.
Are there any hidden costs?
There might be some hidden costs. Every Private Limited Company is supposed to submit annual returns and if not submitted they carry a penalty. For us to register the trade name, the annual returns should be updated.
Have a question? Contact us today
See what our clients are saying
I registered my family trust with RYC in 2022. The whole process went smoothly and I was happy with their service. I will definitley refer my collegues to you like I promised.
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