Foreign applicants can form a company in Zambian territory with a single director. Also, there is no requirement to appoint local shareholders.
Clearance from PACRA i.e., Patent and Companies Registration Agency is vital when legalizing a business name. The institution falls under the Patents and Companies Registration Agency Act (2010).
Applicant must file a separate form 46 when registering a branch office of an already existing entity in Zambia.
You must secure the VAT number i.e., Value Added Tax if the threshold of your taxable supplies surpasses ZMK 800,000 in any consecutive three months.
To register a company in zambia and authorize the appointment of the director, you must file forms 5 and 11, respectively.