We offer Statutory Compliance Services including:

  • Business or Shop Licenses
  • PRAZ Registration
  • NEC Registration and returns
  • NSSA Registration and returns
  • Standards Development Fund Registration and Returns
  • ZIMDEF Registration and Returns

STATUTORY COMPLIANCE SERVICES

NSSA (National Social Security Authority) is the statutory organization charged by law to oversee and manage social security in Zimbabwe in terms of the National Social Security Act (Chapter 17:04). All employers are required by the law to register with National Social Security Authority. Whether you are in the formal or informal sector, you are liable to register with NSSA. NSSA operates 2 schemes to which emloyers contribute. The 1st is the Workers Compensation & Insurance Fund (WCIF) which is funded entirely by employers for the purpose of providing benefits to employees and/or their beneficiaries in the event of a workplace injury or death. The 2nd one is the National Pension Scheme which is funded equally by both employers and employees. The fund provides benefits to employees and/or their beneficiaries in the event of retirement, invalidity or death.
EMPLOYER DETAILS
  • Legal name.
  • Trade name.
  • Company contact number, physical and postal address.
  • Main business activity.
  • Commencement Date of Business.
  • Type of Company.
  • Banker’s details (Name of the bank, branch account, account number)
  • Contributions details.
  • Copy of certificate of incorporation.
    • EMPLOYEE DETAILS
  • Employee Occupation details
  • Employee contact details.
  • Spouse(s) Details.
  • Other dependants’ details.
  • Details of Owner, Managing Director or Responsible Person.
    • A business or shop licence is given by a licensing authority as certification that a place of business meets the minimum requirements for safety, healthy and sanitary standards. This is mandatory for all businesses in terms of the Shop Licences Act [Chapter 14:17] / Urban Councils Act [Chapter 29:15].
  • Name of applicant (can be an individual or company name)
  • Trade name
  • Name of person in control
  • Telephone / cell No
  • Email address
  • ID No
  • Stand number (please note that stand no is different from street address)
  • Street number/ Shop number
  • Postal address
  • Nature of business trade
    • NEC or National Employment Council is a council created to represent the interests of employers / employer organisations and employees / employee organisations. There are several NECs for different industries e.g. NEC for Commercial Sector, NEC for Mining Sector, NEC for Catering Industry, etc. Registration with the relevant NEC for your industry is mandatory together with the submission of monthly returns and payment. Both employer and employee contribute 0.50% of the salary.
  • Company name.
  • Trading name.
  • The name/s of the proprietor and/ or partners or directors.
  • Physical address of business.
  • E-mail address.
  • Telephone number.
  • Contact person (name, position, contact).
  • Nature of business.
  • Number of employees (male and female).
    • The Standards Development Fund (SDF) is a statutory organization charged with developing and promoting the standardization of commodities and services in Zimbabwe. Registration is mandatory in terms of the Standards Development Fund Act [Chapter 14:19]. The SDF levy is a quarterly 0.5% of a company’s gross payroll total inclusive of salaries, allowances, benefits and bonuses.
  • Trade name
  • Physical address
  • Postal address
  • Cellphone numbers
  • E-mail address
  • Nature of business
  • Contact person
  • Position
  • Date operations started
  • Number of employees
  • Estimated monthly salaries, wages/other allowances expenditure
    • ZIMDEF (Zimbabwe Manpower Development Fund) is a statutory organization established by law to facilitate the development of critical and highly skilled human capital in Zimbabwe. Registration is compulsory by law and non-compliance can result in fines, penalties and/or imprisonment. The ZIMDEF levy (training levy) is 1% of the company’s gross payroll total inclusive of salaries, allowances, benefits and bonuses.
  • Business name:
  • Legal form
  • Industry
  • Relationship with other company
  • Business physical address
  • Postal address
  • E-mail address
  • Telephone numbers
  • Cell phone number
  • Contact person
  • Industry type
  • Company registration number
  • Nature of business
  • Company directors
  • Financial period
  • Date of incorporation
  • Tax clearance number
  • Gross wage bill
  • Bank name
  • Branch & Account number