- ID number of directors (easy)
- Directors Addresses (no problem),
- Choose a company name (No problem – here’s how)
- …then you run into a problem…the payment!
For many people coming up with the amount needed to pay for the formation of their new business is a challenge (it’s $285 to register your business through us, some will charge as much as $400 for the same process).
Fortunately, there are two really easy ways to save money on the process
1) Register the business yourself, leave out the consultant.
Of course the problem with doing this is that you may not know how. It can fast turn into a really confusing and difficult process when you don’t know exactly what you’re doing. You’ll need to know things like, what forms do i need”, where do i get them? how to fill them out? How to properly write your articles and memorandum, how to submit and more. It’s because of the fact that there’s so much effort and time involved that many opt for a consultant.
However if a consultant isn’t an option for you, we can make that whole process easier for you. For just a small fee we’ll provide you with all the required forms, written, formatted and arranged properly for you. We’ll also show you exactly how to submit and retrieve your documents in the fastest, easiest way possible. As we’re not handling the actual submission for you, it’s going to cost you a lot less. We save time, you save money.
Cost of normal process of registration through us – $285
Total of registering through ‘Do it yourself’ process – $220.
You save $65.
Want to get started on a do it yourself registration? Email Us or use the form bellow.
2) Register a Private Business Corporation (PBC).
Basically this is a different formation to the conventional company. It’s designed for really small businesses and start-ups. If you’re a one man band or just two or three friends, but have a really small budget to start and setup your business, then a Private Business Corporation could be perfect for you. It’s a different process requiring different forms to be submitted to the company registrars, but at the end of the day it’ll cost you a whole lot less.
Of course, while you do save money up front, a PBC isn’t always ideal. For example if you’re looking at accessing things like bank or corporate loans or taking advantage of government tenders, than this formation isn’t ideal. You’ll need an ‘ordinary company formation’ for that.
However, if all you need is a legal entity to do business with – no loans or tenders, just selling to individuals or small businesses, a PBC could be your most realistic option – and yes, it can be ‘upgraded’ later should the need arise.
Cost of normal company registration with us: $285
Cost of PBC with us $120.
You save $165.
Need help with a PBC registration? Contact Us
So there you have it, two really simple ways we can help you register your business in Zimbabwe for a lot less. If one of the above options works for you, get in touch.