by Great Paraxy | May 31, 2023 | Business, Regulations
What are the New Fiscal Measures and impacts to businesses? The Ministry of finance, on Monday, announced additional measures to save the free falling local currency. Year to date the ZW has lost 65% on the auction market and 26% of that was lost all in 1 session last...
by Great Paraxy | May 18, 2023 | Tax
National Employment Council (NEC) registration is a requirement for all employers in Zimbabwe who employ at least 10 employees. The NEC is a statutory body that is responsible for negotiating collective bargaining agreements between employers and employees. The...
by Great Paraxy | May 18, 2023 | Tax
The Procurement Regulatory Authority of Zimbabwe (PRAZ) is a statutory body established by the Public Procurement and Disposal of Public Assets Act, Chapter 10:27 of 2018. PRAZ is responsible for regulating public procurement in Zimbabwe. To register with PRAZ, you...
by Great Paraxy | May 18, 2023 | Tax
A Business Partner Number (BPN) is a unique identifier assigned to businesses by the Zimbabwe Revenue Authority (ZIMRA). The BPN is used to identify businesses for tax purposes and to track their tax payments. To obtain a BPN, you must register with ZIMRA. You can...
by Great Paraxy | May 18, 2023 | Tax
Tax Clearance Processing with ZIMRA is the process of obtaining a certificate from the Zimbabwe Revenue Authority (ZIMRA) that confirms that you are up to date with your tax obligations. This certificate is required for a variety of purposes, such as bidding on...
