DOING BUSINESS & COMPANY REGISTRATION IN MALAWI

Malawi at a Glance

Malawi Interfaces SADC and COMESA Africa’s Major Trading Blocks with a Combined population of about 327 Million.  The Malawian Economy is generally unexploited with an untapped export potential of USD 333.5 Million with Investment opportunities in areas such as mining, tourism, manufacturing, agro-processing including fruit juice processing, soya bean oil extraction, integrated cotton industry  (spinning, weaving, ginning including cassava); phosphate fertilizer manufacturing; garment manufacturing.

The opportunities are also available in the following sectors;

  • Agriculture/Agro-processing
  • Energy Services
  • Food and Beverage
  • ICT
  • Infrastructure
  • Mining
  • Manufacturing
  • Forestry

Malawi has been attracting Foreign direct Investment due to the following reasons;

  •  Streamlined Investment Establishment Procedures
  • Political Stability & Security
  • Liberalized Economy & Political Commitment
  • Investor-Friendly Climate
  • Competitive Labour Market

The Tax Regime in Malawi is Quite Straight forward with the Tax rate for personal Income ranging from 0 to 35 %, Corporation Tax is at 30% and Vat at 16.5 %.

For over 1 decade now, East Africa Business Consultants Has assisted many clients with the following Key Company Set Up Services in Malawi;

  • Company registration in Malawi
  • Government Licenses Processing
  • Business Bank Account Opening
  • HR Recruitment and Management
  • Work Permit Processing
  • Apartment/Office/Warehouse Sourcing.

Company Registration in Malawi Summary Table

Entity Subsidiary Company Branch Company
How Long does the Company registration process Take? 10 Days 10 Days
How long Does it take to Open Bank Account?  5 Days 5 Days
After how Long can you Invoice and Hire  15 Days 15 Days
Minimum Number of Directors and Shareholders  2  –
Foreigner Can own the Company 100% Yes Yes
Can the entity hire expatriate staff Yes Yes
Tax Identification Registration required Yes Yes
Access to Malawi double Tax treaties Yes Yes
Can bid for Government Contracts? Yes Yes
Can Secure Trade Finance? Yes Yes
Can Secure an Import and Export Licence? Yes Yes
Can Easily Convert into a PLC? Yes No
Can Secure Work permits for foreign Employees and Directors? Yes Yes
Multi Currency Bank Accounts Available? Yes Yes

 

Kindly Click Here To Contact Us For Additional information on Company Registration in Malawi or to Request for a Quotation.

 


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