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Starting a Business in Zambia

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In Zambia, The Registrar of Companies is (PACRA) responsible for business registrations in Zambia. They issue certificates of compliance for foreign companies, certificates of incorporation for local companies and certificates of registration for sole proprietorship and partnerships.

Foreign investors are allowed to incorporate a company and enter into joint ventures with local vibrant Zambians who will give the business more impact. (The Companies Act, 2017).

Investors commonly register their local firm as a limited liability company. 

Before starting her business, the foreign investor has to do the following

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Check the company name for uniqueness

The clearance is done by the Patent And Companies Registration Agency (PACRA), an agency governed by the Patents and Companies Registration Agency Act (2010) and the Registration of Business Names (2011).

Obtain a tax ID number

In order to get a tax identification number from Zambia Revenue Authority, it is mandatory to file the Certificate of Incorporation. After obtaining your TaxID, you will then be required to register for VAT.

Open a bank account

A number of commercial banks (e.g. Bank of China, Barclays Bank etc) have China banking desks

The declaration of compliance (Companies Form 11) must be signed by a Commissioner of Oaths

Register the company after completing form 11

Register for Social Security
  • Investors have to register with the National Pension Scheme Authority,
Get an investment registration certificate (optional)
  • Investors have to register with the National Pension Scheme Authority,
Obtain specific licences and permits
    Health clearance, Food hygiene license and Fire clearance certificate
    LET US SAVE YOU TIME AND DO ALL FORMALITIES OF BUSINESS REGISTRATION ON YOUR BEHALF
    FILL IN THE FORM BELOW AND SUBMIT


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      Investing in Zambia