Tax Consulting in Zimbabwe

Empowering Businesses through Strategic Taxation and Compliance

At Lucent Consultancy, we believe that every business decision has a tax implication. In Zimbabwe’s dynamic and increasingly complex fiscal environment, navigating tax laws requires more than just basic reporting but it requires a proactive, strategic partner.

Lucent Consultancy boasts a well-resourced tax department staffed by highly knowledgeable tax personnel. Our team comprises experts with in-depth practical exposure across various sectors, including manufacturing, financial services, construction, telecommunications, and retail. We are dedicated to liberating our clients from the burden of being overtaxed while ensuring absolute compliance with the Zimbabwe Revenue Authority (ZIMRA).

Our Comprehensive Tax Service Suite

Our integrated tax services are designed to improve overall financial performance, minimize risk, and deliver outstanding value to your shareholders.

1. Tax Planning & Strategy

• All-round Tax Planning: Strategic tax mapping to look ahead and take action on legal loopholes, credits, and deductions before year-end.
• International Tax: Navigating Double Taxation Agreements (DTAs), cross-border transactions, and foreign currency tax obligations.
• Tax Advisory: Proactive guidance on the tax implications of mergers, acquisitions, and business restructuring.

2. Compliance and Computations

• Tax Computations (All Tax Heads): Precise preparation of Income Tax, VAT, PAYE, WHT, and Capital Gains Tax computations.
• Tax Compliance: Management of all statutory filings and returns (including TaRMS compliance) to ensure you stay penalty-free.
• Tax Updates: Stay ahead with our Yearly Tax Magazine and regular alerts on legislative shifts (e.g., ZiG mandates and new VAT rates).

3. Audit Defense and Risk Management

• Representation on Tax Audits & Investigations: We act as your buffer and translator, providing legally sound defenses during ZIMRA audits.
• Tax Health Checks: Comprehensive “medical-style” reviews of your records to identify weaknesses before ZIMRA arrives.
• Tax Due Diligence Audits: Essential for businesses undergoing acquisitions or significant investment.

4. Specialized Technical Services

• Transfer Pricing (TP): Full documentation services, including local benchmarking and the preparation of TP Reports and Returns (ITF 12C2).
• Tax Reviews & Coaching: One-on-one coaching for finance teams to improve internal tax reporting processes.

5. Capacity Building

• Tax Training: Tailor-made onsite or virtual training sessions for your staff, covering everything from basic filing to advanced international tax concepts.

Why Choose Lucent Consultancy?

• Proactive, Not Reactive: We focus on the future of your business, not just its history.
• ZIMRA Intermediaries: We maintain a professional, cooperative relationship with ZIMRA, utilizing tools like the Voluntary Disclosure Program to clear your tax slate.
• Qualified Personnel: Our team includes certified professionals with decades of combined experience in the Zimbabwean tax landscape.
• Proven Results: We have secured millions of dollars in tax savings and penalty waivers for our clients through diligent planning and representation.

Contact Our Tax Department

Ready to optimize your tax position and secure your business’s future?

Address: 52 Samora Machel Avenue, Harare, Zimbabwe

Email: [email protected]

Phone: +263 771 030 251 | +263 718 717 521

Website: www.lucent.co.zw

Lucent Consultancy: Glowing with light, leading the way in taxation.