Registering a company in Mozambique is a step-by-step process that involves selecting a company type, choosing a name, preparing documentation, and registering with the Mozambique Business Registry and Mozambique Tax Authority. By following this guide and utilizing the provided resources, you should be well on your way to successfully establishing your business in Mozambique. Adherence to the requirements and guidelines is crucial to ensure a smooth registration process and a successful start for your company in this promising and business-friendly African nation.
Step 1: Choose your company type
The initial step in registering a company in Mozambique is to select the type of company you wish to establish. The most common types are:
- Limited Liability Company (Sociedade por Quotas - Lda)
- Public Limited Company (Sociedade Anónima - SA)
- Branch of a foreign company
Step 2: Choose a company name
You'll need to choose a suitable name for your company before registering it. The Mozambique Business Registry (BdM - Balcão de Atendimento Único) provides guidelines for acceptable names, which can be found at this link: http://www.bau.gov.mz/
Step 3: Prepare the required documents
The next step is to prepare the necessary documentation for your chosen company type. The key documents include:
- Articles of Association (for Lda and SA)
- Application for Company Registration (for all types)
These forms can be downloaded from the BdM's website: http://www.bau.gov.mz/
Step 4: Identify company officers and shareholders
For a Lda and SA, you'll need to identify at least one director, or one representative for a branch of a foreign company. Directors or representatives must be at least 18 years old. Shareholders can be either individuals or corporate entities.
Step 5: Capital requirements
Mozambique requires a minimum capital of 1 Metical for Ldas and SA. There is no minimum capital requirement for branches of foreign companies.
Step 6: Register your company
Once your documents are prepared, you can submit your application to the Mozambique Business Registry (BdM). This can be done in person at their office or online via the following link: http://www.bau.gov.mz/
The fees for registering a company are as follows:
- Lda: 320 MZN (approximately)
- SA: 480 MZN (approximately)
- Branch of a foreign company: 480 MZN (approximately)
Step 7: Register for taxes
After your company is registered, you must register for taxes with the Mozambique Tax Authority. This can be done in person at the local Tax Office or online via the following link: http://www.at.gov.mz/
Step 8: Obtain necessary permits and licenses
Depending on your business activities, you may need to obtain additional permits or licenses. Check with the relevant authorities and industry regulators for specific requirements.
The entire registration process, from preparing documents to receiving your Certificate of Incorporation, can take anywhere from 5 to 10 weeks, depending on the complexity of your application.