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. […]
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 […]
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 […]
Protecting Foreign Investors: Avoiding Company Registration Scams in Zambia
Registering a business in Zambia should be a smooth, transparent process. Yet, some foreign investors face scams perpetrated by unscrupulous consultants. These criminals employ deceptive strategies, such as faking ownership structures, or withholding official documents. Below, you will learn how to identify these scams, protect yourself, and register your company legitimately. Understanding the Landscape of […]
Mineral Trading and Import Permits in Zambia: A Comprehensive Guide
Zambia’s mineral sector has played a crucial role in shaping the nation’s economic landscape for decades. From large-scale copper mines to artisanal gemstone operations, the country’s subsoil is brimming with resources that attract global attention. However, managing these vast resources requires a well-established legal framework. As such, Mineral Trading and Import Permits in Zambia are […]
How to Apply for a Microfinance License in Zambia: A Comprehensive Guide
Starting a microfinance institution in Zambia can be a rewarding endeavor. It allows you to serve the financial needs of communities while operating under the oversight of the Bank of Zambia. This guide shows you how to apply for a microfinance license in Zambia, step by step. Understanding the Types of Microfinance Licenses The Bank […]
Differences Between Microfinance and Money Lending Licenses in Zambia
In Zambia, lending institutions operate within distinct regulatory frameworks that shape their scope, governance, and services. Understanding the differences between Microfinance and Money Lending Licenses in Zambia can help prospective lenders and borrowers make better-informed decisions. This article explores their main distinctions, highlighting the requirements, permitted activities, and supervisory structures that define each license type. […]
Navigating Zambia Tax Landscape
Key Taxes Entrepreneurs Need to Know Introduction As an entrepreneur embarking on your business journey in Zambia, it’s crucial to navigate the country’s complex tax landscape with diligence. The Zambian Revenue Authority (ZRA) oversees a range of taxes that can significantly impact your bottom line if not properly managed. In this comprehensive guide, we’ll explore […]