Zambia - Obtain a Investor or Investment Licence

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Procedure

Apply In-Person:

1. To apply for an investor’s license in Zambia, the applicant will have to contact the ministry of commerce,trade and industry office of Zambia, for the main office visit link.
2. Make sure that you have all the documents that are listed under the “Required Documents” section of this page.
3. An application form will be provided to the applicant upon visiting the office of Ministry of Commerce, Trade and Industry.
4. Once understanding the guideline properly, the applicant has to fill-in all the necessary information in the application form.
5. Submit the application form with necessary attachments to the office.
6. Pay the fee as per given in the “Fees” section of this page.
7. After the completion and verification of all the required documents, the license will be accessible.
8. Upon completion of above steps the applicant gets the license in a stipulated period of time.

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Required Documents

• Completed formal application form from the Zambia Development Agency
• Certified copy of certificate of Incorporation/Registration
• Certified copy of certificate of share capital
• Certified copy of a certificate of minimum share capital
• Certified copy of an official list of shareholders and/or directors
• Business plan or and feasibility study
• Verifiable evidence of project finance
• Brief resumes/CVs for shareholders and/or directors
• Copy of Certificate of Incorporation issued by the Registrar of Companies
• Directors proof of finance (certificate of deposit at bank or latest bank statement)
• Proof of having secured a place / land to operate from (Lease Agreements or Title Deed or Letter of Offer)

Office Locations & Contacts

Ministry of Commerce, Trade and Industry
New Government Complex
8th, 9th and 10th Floors, Nasser Road
P.O. Box 31968
Lusaka , Zambia
Tel: +260211228301/9
Fax: +260211226984
Email: [email protected]
Contact link.

Eligibility

• The minimum share capital of a company should be K 5,000,000 (about US$ 1,000).
• Half the directors of the company should be resident in Zambia.

Fees

• Non-refundable application processing fee of K1,280,000.
• Licence fee of K7, 670,000 (payable only upon collection of licence).

Validity

• The Investment Licence is valid for ten (10) years from the date of issue.
• The investor may apply for renewal of the investment licence before the date of its expiration.

Documents to Use

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Sample Documents

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Processing Time

• The processing time depends on all the required documents verification.

Related Videos

Videos explaining the procedure or to fill the applications.Attach videos using the following tag <& video 
type='website'>video ID|width|height<&/video&> from external websites.Please remove the '&' inside the tags 
during implementation.Website = allocine, blip, dailymotion, facebook, gametrailers, google video, html5, 
metacafe, myspace, revver,sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of the webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Any promoter seeking approval to establish an enterprise, should include in their proposal, a clear and concise statement on how the enterprise, if approved, is likely to contribute to the country's economic growth and development.
• All companies are required to submit annual returns with the Registrar of Companies within three months after the end of the financial year or one month after the Annual General Meeting if it is held within three months after the financial year.

Required Information

• Applicant's names
• Address
• Place of business
• Occupation
• Nationality
• Details of all the shareholders

Need for the Document

• The license allows the business or enterprise holders to invest and do business in Zambia legally.

Information which might help

• Zambia’s investors guide link.

Other uses of the Document/Certificate

• It authorizes licensees to sell virtually any type of individual security. This includes common and preferred stocks, call and put options, bonds and other individual fixed income investments as well as all forms of packaged products.

External Links

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Others

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