Frequent asked questions on Private Limited Company Registration.

The requirements for company registration in Zimbabwe vary depending on the type of company you are registering.

For a private limited company, the following requirements must be met:

• A minimum of two directors and a maximum of fifty directors.
• The directors must be natural persons who are citizens of Zimbabwe or who are resident in Zimbabwe.
• The directors must have a valid Zimbabwean identity document or passport.
• The company must have a registered office in Zimbabwe.
• The company must have a registered name.
• The company must have a share capital of at least ZWL20,000.00.
• The company must file an application for registration with the Registrar of Companies.

The application for registration must be accompanied by the following documents:

• Memorandum of Association
• Articles of Association
• Declaration of Compliance
• Consent of Directors
• Consent of Shareholders
• Payment of the registration fee

Once the application for registration is approved, the Registrar of Companies will issue a Certificate of Incorporation. The Certificate of Incorporation is the legal document that proves that the company is registered.

The following are the steps involved in registering a company in Zimbabwe:

1. Choose a company name.
2. Prepare the Memorandum of Association and Articles of Association.
3. Appoint directors and shareholders.
4. File an application for registration with the Registrar of Companies.
5. Pay the registration fee.
6. Receive the Certificate of Incorporation.
7. Opening a bank account.

The process of registering a company in Zimbabwe can take up to 2 weeks.

Here are some additional tips for registering a company in Zimbabwe:

• It is important to choose a company name that is unique and easy to remember.
• The Memorandum of Association and Articles of Association are the governing documents of the company. They should be carefully drafted to ensure that the company is set up in the way that you want it to be.
• It is important to appoint directors and shareholders who are reputable and trustworthy.
• It is important to open a bank account in the name of the company. This will help to keep the company’s finances separate from the personal finances of the directors and shareholders.
• It is important to file an application for registration with the Registrar of Companies as soon as possible. This will ensure that the company is protected from any legal challenges.
• It is important to pay the registration fee on time. Failure to pay the registration fee may result in the company being deregistered.
• It is important to keep the Certificate of Incorporation in a safe place. This document is proof that the company is registered.