Establishing a business in Zimbabwe
Setting up a business in Zimbabwe is straightforward. This section will guide you through the main steps and what you need to know to successfully establish your business in Zimbabwe.
- Step 1: Register a Business Checklist
- Step 2: Apply for a ZIDA Investor License
- Step 3: Immigration Permit Requirements
Register a business checklist
Our checklist provides you with all you need to know to register your business.
A list of 5 possible names for Name search. This process is done online on www.zimeservices.pfms.gov.zw
1. A minimum of two (2) directors and a maximum of fifty (50):
- Full names
- Residential Addresses
- Identity numbers or Passport Numbers
2. Shareholders list
3. Business Address
4. Objects of the Company
5. Application fee
Client to lodge its Charter, Statutes or Memorandum and Articles of Association or Constitution or defining its constitution and, if the instrument is in a foreign language, certified translation thereof, cr5, cr6 and cr25 to the Minister who will issue a certificate.
Stage 2
Minister forwards the above-mentioned documents to the Registrar of Companies together with the Certificate, CR5 (principal place of business), CR6 (details of directors and principal officer) who will be resident in Zimbabwe), CR25 (a list of documents submitted for registration).
Client to pay a flat fee of USD$1,100.
After all requirements are met, the Registrar issues a Certificate of Registration of a foreign company.
Apply for a ZIDA Investor License
International and local companies can choose to apply for a General Investment License with ZIDA. This provides protections to investors under the ZIDA Act (2020) and gives access to our One Stop Information Services Centre (OSISC) which can assist you secure all the necessary permit and approval to get your business up and running quickly, including assistance with VISAs. ZIDA Licenses are issued is under 7 days from application.
To find out more about our General Investment License and to apply online, use our DIY Portal.
Immigration Permit Requirements
- Residence permit application form (I.F 5) fully completed
- Application letter addressed to the CDI requesting for residence permit
- Certified passport bio data page
- 2 Passport sized photos certified as a true likeness of applicant
- Project proposal
- Police clearance from country of origin/last permanent residence
- Radiological certificate
- Banking history from country of origin /last permanent residence
- Proof of funds available for transfer
- Proof of equipment to be imported
- Copies of passport biodata and permit for other foreign shareholders
- List of expatriates and local employees
- Statutory non-refundable fee of US$500 and $300/dependent
- Company documents (CR6, CR14, ZIDA licence, Memorandum and Articles of Association, ZIMRA tax clearance)
- Residence permit application form (I.F 5) fully completed
- Temporary Employment Application form
- Application letter addressed to the CDI requesting for TEP
- Certified passport bio data page
- Passport sized photos certified as a true likeness of applicant
- Curriculum Vitae
- Contract of employment
- Notarized academic and professional certificates
- Statutory non-refundable fee of US$500 and $300/dependent
- Radiological certificate
- Advertisement in local newspaper
- CV for shortlisted candidates including their contact details
- CV and qualifications of persons identified to do understudy
- Police clearance from country of origin/last permanent residence
- Company documents (CR6, CR14, ZIDA licence, Memorandum and Articles of Association, ZIMRA tax clearance)
These vary with the Visa Category in which the country falls under. There are three distinct visa categories as follows;
Category A – no visa is required
Category B – visa is acquired at the port of entry
Category C – visa to be applied for prior to travel