Do You Need a Zambian Director When Registering a Company as a Foreigner in Zambia?
Establishing a company in Zambia offers a range of opportunities for foreign investors. However, one important legal requirement often raises questions: Do you need a Zambian director when registering a company as a foreigner in Zambia? The short answer is yes. Zambian law generally mandates that at least one director be resident in the country, […]
Xero vs. Odoo in Zambia: Which Is the Best Accounting & ERP Solution?
Choosing the right accounting or enterprise resource planning (ERP) platform can be a game-changer for Zambian businesses. In this article, we compare Xero vs. Odoo in Zambia, focusing on key features, local compliance, integration, pricing, and scalability. By the end, you will have a clearer idea of which system aligns with your specific operational needs. […]
Odoo for ZRA Smart Invoicing Compliance in Zambia
Zambian businesses can now celebrate a major milestone in digital transformation. Odoo, a leading business management software, has received official approval from the Zambia Revenue Authority (ZRA). This recognition paves the way for simpler and more efficient financial operations while helping businesses stay fully compliant with ZRA’s Smart Invoice System requirements. Below, we explore the […]
Types of Taxes in Zambia: A Comprehensive Overview
Zambia’s tax system mainly follows a source-based model. Income generated within the country is subject to various taxes levied and administered by the Zambia Revenue Authority (ZRA). For both businesses and individuals, understanding these tax obligations is critical for compliance and effective financial planning. Below is a detailed look at the different types of taxes […]
VAT Exempt Items in Zambia: Your Complete Guide for Businesses
Understanding how VAT exemptions work is essential for any company operating in Zambia. By knowing which goods and services are exempt from the standard 16% VAT rate, businesses can remain compliant, streamline financial planning, and potentially boost competitiveness. In this article, we explore the basics of VAT exemptions in Zambia and highlight the key categories […]
How to Start a Liquor Manufacturing Business in Zambia: A Comprehensive Compliance Guide
Starting a liquor manufacturing business in Zambia offers significant opportunities for growth. However, this sector is heavily regulated under multiple government agencies. If you plan to enter this market, it is crucial to understand the legal framework, licensing procedures, and quality standards. This guide explains the essential compliance requirements and outlines the steps to help […]
The Full VAT System in Zambia – A Comprehensive Guide
Value Added Tax (VAT) is a cornerstone of Zambia’s tax regime, affecting enterprises both large and small. Understanding VAT rules and procedures is essential for every business to remain compliant and avoid costly penalties. This guide covers the core aspects of VAT in Zambia, including registration requirements, filing procedures, and best practices for maintaining accurate […]
How To Calculate Income Tax In Zambia
Calculating your income tax in Zambia might seem daunting. However, understanding the core principles can make it more manageable. This article explains how to determine your tax obligations for both individuals and businesses in Zambia. Understanding Zambia’s Income Tax Structure Zambia applies a source-based tax system, meaning that income earned from Zambian sources is generally […]
Changing Shareholders and Directors in Zambian Companies: A Comprehensive Guide
Changing Shareholders and Directors in Zambian Companies: A Comprehensive Guide Changing shareholders and directors in Zambian companies is a vital part of corporate governance. In Zambia, these processes fall under the Companies Act No. 10 of 2017 and are administered by the Patents and Companies Registration Agency (PACRA). Staying compliant with legal requirements and statutory […]
How to Start a Fintech Company in Zambia: A Comprehensive Guide
Zambia’s fintech scene has grown dramatically in recent years, expanding from just 25 companies in 2018 to more than 57 operating today. This surge presents exciting opportunities for entrepreneurs looking to make their mark in the financial technology sector. However, venturing into fintech requires a clear understanding of regulations, the business registration process, funding, and […]