Requirements for Vendor Number Allocation in Zimbabwe

📝 Ministry of Finance and Economic Development : Requirements for Vendor Number Allocation in Zimbabwe

The Ministry of Finance and Economic Development, through the Public Finance Management System (PFMS) located in the old Central Payments Offices, has set forth specific requirements for companies seeking Vendor Number Allocation.

To apply, a company director must submit an application letter, which must be typed on the company’s letterhead. This letter needs to include the following essential information about the company:

• Registered name of the company

• Physical address of the company

• Postal address of the company

• Name of the company’s bank, branch, and account number

• Contact person from the company

• Position of the contact person in the company

   

📁 Supporting Documents Required

The application letter must be supported by the following certified copies, along with the originals for verification:

• Certified copy of the company’s Certificate of Incorporation.

• Certified copy of the company’s current Form CR6 / C.R.14 (all pages).

• Certified copies of National Identity/Passports/Driver Licenses for all directors listed on the current Form CR 6 / C.R.14.

• Original or certified copy of the company’s bank statement.

• Proof of residence for two directors on the C.R.14, which can be a water bill, electricity bill, or Prepaid ZESA receipt, and must be in their names only.

Important Note: The registered name of the company stated in the application and Certificate of Incorporation must exactly match the name of the account holder on the bank statement.

💲 Processing Fees and Timeframes

The application requires a processing fee, offering two options for turnaround time:

• USD $300.00 (Three hundred US dollars) for a two (2) working day process.

• USD $200.00 (Two hundred US dollars) for a seven (7) working day process.

   

The processing time is calculated based on the submission day:

📍 Submission, Payment, and Enquiries

All applications, collections, and enquiries are strictly done on Mondays and Thursdays only

🔄 Change of Bank Accounts

Companies that already have a vendor number and wish to change their bank account must submit a letter accompanied by a bank statement for the new account. This request must also be supported by the following documents (originals of certified documents must be brought):

• Certified copy of the company’s Certificate of Incorporation

• Certified copy of the company’s current Form CR6 / C.R.6 (all pages).

• Certified copies of National Identity/Passports/Driver Licences for all directors on the current Form C.R.6.

• Original or certified copy of the company’s bank statement.

• Proof of residence for two directors on C.R.6 (water/electricity bill/Prepaid ZESA receipts) in their names only.