The filing fee is K750 and the process is completed within 24 Hours. Upon receiving your signed Certificate of Registration after 24 hours from the PACRA desk, you should fill in the “ONE STOP SHOP REGISTRATION FORM” to apply for tax registration (ZRA), registration as an employer (NAPSA) and MSE registration (ZDA).
How much does it cost to register a company in Zambia?
Fees
| Different Zambia entity types | Cost | Draft invoice |
|---|---|---|
| Limited Liability Company (LLC) | US$15,450 | View invoice PDF |
| PLC | US$16,450 | View invoice PDF |
| Branch of a foreign company | US$19,450 | View invoice PDF |
| Representative office | US$17,950 | View invoice PDF |
What small business can I start in Zambia?
Types of businesses you can start in Zambia
- 10 Business ideas you can start in Zambia.
- Import and export. This is one of the most lucrative ideas because Zambia imports most of its products. …
- Catering. If you have the knack for cooking, this could be a good business for you. …
- Translator. …
- Delivery service. …
- Event planning. …
- Flea market. …
- Photography.
Can a foreigner start a business in Zambia?
Foreign investors are allowed to incorporate a sole director company and register a fully owned local company without having any Zambian shareholders (The Companies Act, 2017). Investors commonly register their local firm as a limited liability company.
What is the fees for company registration?
The registration fee for organization’s whose nominal share capital is limited to Rs. 10,00,000 – Rs 2,000. The registration fee for organization’s whose nominal share capital ranges between Rs 10,00,000 to Rs 50,00,000 – Rs 2000.
How long does it take to register a company in Zambia?
The process is completed within 24 Hours. You should be prepared to pay the following FEES for the process: Registration Fee – 2.5% of the capital plus K332. (The higher the nominal capital, the higher the registration fee.)
What are the documents required for registration of a company?
The documents for registering a Public Limited Company include identity proof, address proof, and PAN Card of all Directors and shareholders, DIN, DSC, Utility Bill, NOC from the landlord, Memorandum of Association, and Articles of Association.
What is the most profitable business in Zambia?
Top 10 Profitable Businesses Ideas In Zambia
- Mobile Money Business. Starting a mobile money business is one of the easiest businesses you can jump on to start making something. …
- Blogging. …
- Web Designing. …
- Mealie Meal Reseller. …
- Food Selling On The Road. …
- 6. News Paper Reseller. …
- Small Scale Chicken Farming. …
- DSTV Sale Agent.
Who is youngest richest man in Zambia?
Meet Zambia’s Richest Youngest Millionaire. His names are Spax Mulenga. Spax, Zambia’s richest youngest millionaire is based on the Copperbelt Province in the once Zambia’s cleanest town Chingola.
What are the highest paying jobs in Zambia?
LIST OF TOP 10 HIGH PAYING JOBS IN ZAMBIA
- Teaching jobs. …
- Pharmacist. …
- Human Resources Personnel. …
- Sales managers. …
- Veterinarian. …
- Mechanical engineer. …
- Public Relations Officers. …
- Surgeon.
How can I start a business in Zambia?
For a foreign investor, the easiest way on how to start a business in Zambia is by starting a limited liability company.
…
2. Registering a company
- Application for incorporation for LLC or Private Limited by shares. …
- The Consent to act as Secretary / Director form, also known as Companies Form 5.
27.03.2021
How much is a fire certificate in Zambia?
Fire Safety Certificate
| Low Cost | K250 |
|---|---|
| Medium Cost | K500 |
| High Cost | K1,331 |
How many companies do we have in Zambia?
15,000 businesses registered – Zambia Daily Mail.
Which is better LLP or Pvt Ltd company?
LLPs combine the operational advantages of a Company as well as the flexibility of Partnership Firms. The fee for incorporation of an LLP firm is very nominal as compared to that for Private Limited Company. The compliance requirements for an LLP are significantly lower than those for a private limited company.
How do I register my startup company?
Procedure for registering a startup in India
- Step 1: Incorporate your business. …
- Step 2: Register under Startup India. …
- Step 3: Documents you need to upload in a PDF format only. …
- Step 4: You need to mention if you need tax exemption. …
- Step 5: Self-certification of the following conditions. …
- Step 6: Get your recognition number.
3.07.2020
How much turnover is required for Pvt Ltd?
There is a clause of mandatory conversion of OPC into private limited company in case the paid up capital exceeds Rs. 50 lakh and the average annual turnover (past three years) is more than Rs. 2 crore.