What are the benefits of registering a company in Zimbabwe?
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Legal Recognition and Limited Liability
- Formal registration provides legal recognition for your business entity. It establishes your company as a separate legal person, distinct from its owners.
- Limited liability protects shareholders’ personal assets. Their liability is limited to the amount they invest in the company.
Begin by submitting a Name Search request along with the prescribed fee. This step ensures that your desired company name is available for registration.
Access to Funding and Investment:
- Registered companies can access various funding options, including loans, grants, and venture capital.
- Investors are more likely to invest in registered entities due to the legal framework and transparency.
Business Contracts and Credibility:
- Registered companies can enter into contracts, lease agreements, and partnerships.
- Clients and suppliers often prefer dealing with registered businesses, enhancing your credibility.
Perpetual Existence:
- A registered company has perpetual existence, regardless of changes in ownership or management.
- It continues to operate even if shareholders change or pass away.
Tax Benefits and Incentives:
- Registered companies enjoy tax benefits, exemptions, and incentives provided by the government.
- These include reduced corporate tax rates and investment allowances.
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