How To Register A Small Business In Zambia
The patents and companies registration agency pacra is a semi autonomous executive agency of the zambian ministry of commerce trade and industry.
How to register a small business in zambia. Once the registration of a company is successfully done at the patents and companies registration agency pacra one needs to register with zra for a tax payer identification number tpin no the tpin number is then used to register for the various taxes applicable to the specific type and nature of the registered business. Then the following sectors are the hottest right now and would remain hot for years to come. To register a sole proprietorship one needs to buy business name form number 111 bn form 111 which is a form designed for individuals registering businesses. Free advice on setting up a basic business structure is readily available from institutions such as citizens economic empowerment commission ceec or zambia chamber for small and medium business associations zacsmba. To register a sole proprietorship one needs to buy business name form number 111 which is a form designed for individuals registering businesses.
A foreign company must at all times have at least one and not more than nine 9 individuals called local directors empowered and authorized to conduct and manage all the affairs properties business and other operations of the company in zambia. The zambia revenue authority zra is an implementing agency of government mandated to assess and collect tax and advise the state on aspects of tax policy. This is to encourage entrepreneurs and investors to explore the various business sectors in the country. If you have the ambition to start a business in zambia whether small medium or large scale. Applicants should fill in form 46 at a fee of.