How To Register A Small Business In Zambia
This is to encourage entrepreneurs and investors to explore the various business sectors in the country.
How to register a small business in zambia. The patents and companies registration agency pacra is a semi autonomous executive agency of the zambian ministry of commerce trade and industry. Top 10 small business investment opportunities in. Its principal functions are to operate a legal system for registration and protection of commercial and industrial property and to serve as a legal depository of the information tendered for registration. If you have the ambition to start a business in zambia whether small medium or large scale. Ease of doing business in zambia region sub saharan africa income category lower middle income population 17 351 822 city covered lusaka 85 db rank db score 66 9 rankings on doing business topics zambia 117 67 129 149 4 72 17 155 130 79 starting a business dealing with construction permits getting electricity registering property getting.
Once the registration of a company is successfully done at the patents and companies registration agency pacra one needs to register with zra for a tax payer identification number tpin no the tpin number is then used to register for the various taxes applicable to the specific type and nature of the registered business. Then the following sectors are the hottest right now and would remain hot for years to come. The zambia revenue authority zra is an implementing agency of government mandated to assess and collect tax and advise the state on aspects of tax policy. Applicants should fill in form 46 at a fee of. A foreign company must at all times have at least one and not more than nine 9 individuals called local directors empowered and authorized to conduct and manage all the affairs properties business and other operations of the company in zambia.