DOING BUSINESS & COMPANY REGISTRATION IN ZAMBIA

Zambia at a Glance

Did you Know that Zambia is a country endowed with minerals and the 2nd Largest Producer of Cobalt, the 7th Largest Producer of Copper & also the home of the Victoria Falls, one of the Seven Natural Wonders of the World?
The Zambian Economy has had a strong growth averaging 6.7% since 2008. Once you finalize on Company Registration  in Zambia you get access to the 13 Million people and also access to the Common Market for Eastern and Southern Africa (COMESA), which is currently a customs union, the Southern Africa Development Community (SADC) Free Trade Areas (FTA) and the US market under the African Growth and Opportunities Act (AGOA)

Zambia has No sectors are barred to foreign investors and no restrictions on the percentage of equity they might hold and foreign investors are entitled to various incentives

Zambia has in the recent past been Attracting a lot of Foreign Direct Investment due to the following factors;

  • Attractive Investment Incentives
  • A Positive Investment and Investor Friendly Environment
  • Abundant Natural resources
  • Access to regional, Wider Africa, Eu and USA Markets
  • Repatriation of 100% of profits and No Exchange controls
  • Thriving private Sector
  • Investment Guarantees and Security

The Tax Regime in Rwanda is Quite Straight forward with the Tax rate for personal Income ranging from 0 to 37.5 %, Corporation Tax is at 35% and Vat at 16%.

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

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

Company Registration in Zambia Summary Table

EntitySubsidiary CompanyBranch Company
How Long does the Company registration process Take?10 Days10 Days
How long Does it take to Open Bank Account? 5 Days5 Days
After how Long can you Invoice and Hire 15 Days15 Days
Minimum Number of Directors and Shareholders 2 –
Foreigner Can own the Company 100%YesYes
Can the entity hire expatriate staffYesYes
Tax Identification Registration requiredYesYes
Access to Zambia double Tax treatiesYesYes
Can bid for Government Contracts?YesYes
Can Secure Trade Finance?YesYes
Can Secure an Import and Export Licence?YesYes
Can Easily Convert into a PLC?YesNo
Can Secure Work permits for foreign Employees and Directors?YesYes
Multi Currency Bank Accounts Available?YesYes

 

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

 


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