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People also ask annual return factories online
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What does Pacra stand for?
The Agency The Patents and Companies Registration Agency (PACRA) is a statutory body under the Ministry of Commerce, Trade and Industry. PACRA (hereinafter also referred to as 'the Agency') was established under the Patents and Companies Registration Agency Act No.
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What is the minimum share capital in Zambia?
Capital requirements for companies The minimum capital requirement of a private company limited by shares is ZMW 15,000 and ZMW 1.5 million for a public company. Companies operating in regulated sectors have specified minimum capital required under the specific regulatory frameworks.
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How to register a company in Zambia if you are a foreigner?
Zambia Company Registration For Foreigners: A Step-by-Step Guide Step 1: Name Search and Reservation. ... Step 2: Prepare Required Documents. ... Step 3: Submit Documents to PACRA. ... Step 4: Tax Registration. ... Step 5: Business Licenses and Permits. ... Step 6: Open a Business Bank Account.
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How long does it take to register a business name in Zambia?
Company Registration in Zambia Summary Table EntitySubsidiary CompanyBranch Company How Long does it take to register a company in Zambia?10 Days10 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 Yes10 more rows
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How do I register a cooperative with Pacra in Zambia?
Go to the Patent and Companies Registration Agency (PACRA) to obtain the application form for registration as a co-operative society in person Fill the application form ingly and attach all the required documents mentioned in “Required Documents” section below.
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How much does it cost to register a business name in Zambia?
Kindly be advised that to register a business name you are required to fill in and submit the Business Names form III for registration at a cost of K166. However, for a Limited company name clearance is K90 and registration is K1000 with a minimum capital of K15, 000. Use Companies form 3.
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What documents are needed to register a company in Zambia?
Learn how to register a new Business or Company Name Certified copy of NRC of local Company's director (optional) Certified copy of Incorporation Certificate (optional - in case of Foreign Company Registration)
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What is needed to register a company in Zambia?
PACRA Zambia | More about the Registrar of Companies in Zambia Reserve a company name. Step 2 Prepare, Sign and Submit the Forms to Register a company in Zambia (Form 2, 5 and 11) Step 3 Pay the requisite fees for company registration in Zambia. Step 4 Download the company registration certificate.
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