Effects of VAT registration on businesses? VAT registration can have a significant impact on a business. The main impact is that it will increase the cost of goods and services. This is because VAT is a consumption tax, which means that it is added to the price of...
Compliance with labor laws in Zimbabwe is important for all businesses, regardless of size or industry. By complying with the law, businesses can avoid penalties and ensure that they are providing a safe and fair workplace for their employees. The labor laws in...
Compliance in Zimbabwe refers to the act of following all applicable laws, regulations, and policies. It is important for businesses to comply with the law in order to avoid legal penalties and to protect their reputation. There are a number of different laws and...
Small and medium-sized enterprises (SMEs) play a vital role in the Zimbabwean economy, accounting for over 90% of all businesses and employing over 70% of the workforce. However, SMEs in Zimbabwe face a number of challenges, including access to finance. There are a...
Reviewing of to 100% Retention of Foreign Currency Domestic Sale Proceeds Reference is made to Exchange Control Directive RY002 dated 03 February 2023, Exchange Control Clarification Notes 1 & 2 of 17 February 2023 and 23 April 2023 respectively, and the Press...
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