Starting a business in Zambia
Legal Forms of Companies
- Limited Liability Company (LLC)
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Number of partners: minimum two shareholders and two directors (a shareholder must be from Zambia, half of the directors 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
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Number of partners: minimum two shareholders and two directors (of any nationality). Maximum fifty shareholders
Capital (max/min): n/a
Shareholders and liability: members have unlimited liability for the company’s debts and liabilities
- Public Limited Company (PLC)
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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
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
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Consult Doing Business Website, to know about procedures to start a Business in Zambia.
Find out more about Operating a Business in Zambia on GlobalTrade.net, the Directory for International Trade Service Providers.
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Latest Update: June 2022