by Great Paraxy | Dec 9, 2022 | Company Formation
Why you should register your company as a Private Limited Company (PLC) in Zimbabwe? The Private Limited company is the most familiar company structure in Zimbabwe. This is clear from the huge number of Private Limited companies that are registered every year in...
by Great Paraxy | Dec 9, 2022 | Company Formation
Differences between a PLC and PBC. When forming a business in Zimbabwe it is vital to figure out what type of business you would want to incorporate under. You have to decide between a Private Limited Company (Pvt Ltd) or a Private Business Corporation. It is...
by Great Paraxy | Dec 8, 2022 | Tax
Territorial Scope of a Value Added Tax. Since VAT is an indirect tax focusing on a transaction or activity rather than on an economic operator. The primary determination of the territorial scope of the charge to VAT is by reference to the location of the...
by Great Paraxy | Dec 8, 2022 | Tax, Business
Every year, hundreds of thousands of taxpayers end up in debt with ZIMRA because of under reporting or underpaying their taxes whether by mistake or on purpose.Owing ZIMRA can be stressful and worrisome, especially if they place a garnish, lien or levy on your assets...
by Great Paraxy | Dec 3, 2022 | Tax
Understanding Valued Added Tax (VAT) in Zimbabwe. VAT is one of the biggest revenue contributors to our government , besides IMTT and Income Tax. Mechanics of VAT. VAT, is a tax on value added by each registered operator in the production/distribution chain. Imposed...
