Zambia flag Zambia: Operating a Business in Zambia

Starting a business in Zambia

Legal Forms of Companies

Limited Liability Company (LLC)
Number of partners: minimum two shareholders and two directors (at least one director must be resident in Zambia)
Capital (max/min): ZMK 15,000
Shareholders and liability: liability is limited to the assets of the company
Unlimited Liability Company
Number of partners: minimum two shareholders and two directors (of any nationality). Maximum fifty shareholders
Capital (max/min): no minimum capital required
Shareholders and liability: members have unlimited liability for the company’s debts and liabilities
Public Limited Company (PLC)
Number of partners: minimum two shareholders and two directors (of any nationality)
Capital (max/min): ZMK 1 million
Shareholders and liability: liability is limited to the assets of the company
Company Limited by Guarantee
Number of partners: minimum two partners
Capital (max/min): no minimum capital required
Shareholders and liability: each member must sign a declaration of guarantee, specifying the amount he undertakes to contribute. If the assets of the company are insufficient to cover its liabilities, the liability of its members is limited to the amount guaranteed
The Competent Organisation
The Zambia Business Licensing Portal provides a one-stop-shop access to information about licensing requirements for business activities in Zambia.
Registration is done at the Patents and Companies Registration Office.
Company Directories
Zambia Business Licensing Portal
 
Setting Up a Company Zambia Sub-Saharan Africa
Procedures (number) 7.0 7.5
Time (days) 8.5 21.3

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Zambia.

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Latest Update: July 2022

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