by Great Paraxy | Nov 29, 2022 | Tax
What is Tax Planning? Tax Planning is considering the tax implications of individual or business decisions with goal of minimizing the tax liability. The process of setting goals, developing strategies to reduce tax liability of the business or individual. Tax laws...
by Great Paraxy | Nov 28, 2022 | Tax
Withholding Tax on Tenders. Withholding tax on tender is a tax which is deducted by payer from suppliers without a valid tax clearance certificate. The tax is guided by Section 80 of Income Tax Act. What percentage is withholding tax on tenders in Zimbabwe?...
by Great Paraxy | Nov 27, 2022 | Tax
2023 Tax Clearance Certificate Processing. The Zimbabwe Revenue Authority (ZIMRA) is informing taxpayers that, year 2023 ITF 263s will be auto-generated by the ZIMRA system. Tax clearances will be sent to compliant taxpayers through email addresses that are registered...
by Great Paraxy | Nov 26, 2022 | Company Formation
Form of Memorandum of Association of a Company. The Companies and other business entities act gives snap short of the Memorandum of Association of a company in Zimbabwe. 1st. The name of the company is “Rynotec Incorporated”. 2nd. The objects for which the company is...
by Great Paraxy | Nov 26, 2022 | Company Formation
Procedure for company registration in Zimbabwe. Turn your dream into reality by registering the company of your dream. The process to register your company is very easy. The procedure for company registration in Zimbabwe is in two phases. The first phase is the name...