β Step-by-Step: Register a Company in Zimbabwe
1οΈβ£ Choose Your Company Type
Most common types:
Private Limited Company (Pvt Ltd)** β Most popular for SMEs * Private Business Corporation (PBC) β Simpler structure * Trust * Partnership
π For most businesses (like your hosting, IT, retail, etc.), Private Limited Company (Pvt Ltd) is best.
2οΈβ£ Reserve a Company Name
You must first reserve your business name.
Required:
- 3β5 proposed names (in order of preference)
Process:
- Complete CR21 Form (Name Reservation Form)
- Pay name search fee (around USD $5β$10 equivalent in ZWL)
Processing time:
- 3β10 working days (sometimes faster)
If approved β you receive a Name Reservation Certificate
3οΈβ£ Prepare Company Registration Documents
You will need:
π CR6 Form
- Registered physical address
π CR5 Form
- Directors' details (name, ID, address)
π Memorandum & Articles of Association
(Or use model constitution under Companies Act)
You must have:
- At least 1 director
- At least 1 shareholder
- Zimbabwean ID or passport copies
4οΈβ£ Submit Documents to CIPO
Submit:
- Name Reservation
- CR5
- CR6
- Memorandum & Articles
- Registration fee (varies, typically USD $50β$200 equivalent depending on share capital)
Processing time:
- 1β3 weeks (can vary)
5οΈβ£ Receive Certificate of Incorporation
Once approved, you receive:
- Certificate of Incorporation
- Company Registration Number
Your company is now legally registered π
After Registration (Very Important)
Registration alone is NOT enough. You must also:
6οΈβ£ Register with ZIMRA (Tax Authority)
Register with:
- Zimbabwe Revenue Authority (ZIMRA)
You will get:
- BP Number (Tax Number)
- VAT registration (if required)
- PAYE registration (if employing staff)
7οΈβ£ Open a Corporate Bank Account
You will need:
- Certificate of Incorporation
- CR5 & CR6
- Company resolution to open account
- Directors' IDs
Banks like:
- CBZ Bank
- Stanbic Bank Zimbabwe
- Steward Bank
Optional But Recommended
- NSSA registration (if hiring staff)
- PRAZ registration (if bidding for government tenders)
- Local council trading licence
π’ Where to Register?
CIPZ Offices:
- Harare (Head Office)