Doing BusinessCompany Registration in Mozambique

Mozambique at a Glance

Mozambique Has Been one of the ‘Fastest-Growing Economies’ in Africa an has outperformed both regional and Global Growth averages. Mozambique is rich with Oil & Gas Reserves and a Growing Tourism Sector that have been attracting a lot of Foreign Investments.

Over the years Mozambique has attracted Many multinational Companies including Barclays, AON, ERM, Diageo, Associated British Foods, Gemfields, Baobab and Aggreko.

Reasons for the rise in Foreign Direct Investments Include the following;

  • The Economy has a high Gross Domestic Product (GDP) growth rate, low inflation and a relatively stable currency
  • It has vast mineral and hydrocarbon deposits attracting large amounts of Foreign Direct Investment (FDI)
  • It is geographically well positioned to export to Asian markets

Mozambique is Majorly Imports Refined petroleum, Aluminium Oxide, Chromium ore, Electricity, and Ferroalloys and the Major Import destinations Include China, India, South Africa, Portugal, France, Australia, United States, Argentina and Brazil.
Mozambique’s Major Exports Include Raw Aluminium, Coal Briquettes, Raw Tobacco, Rough Wood and Electricity and the Major Export Destinations include; Italy, Spain, Germany, China, India, United States, Brazil and Zimbabwe.

The Tax Regime in Mozambique is Quite Straight forward with the Tax rate for personal Income ranging from 10 to 32 %, Corporation Tax is at 32 % and Vat at 17 %.

For over 1 decade now, East Africa Business Consultants Has assisted many clients with the following Key Company Set Up Services in Mozambique;

  • Company registration in Mozambique
  • Government Licenses Processing
  • Business Bank Account Opening
  • HR Recruitment and Management
  • Work Permit Processing
  • Apartment/Office/Warehouse Sourcing.

Company Registration in Mozambique Summary Table

EntitySubsidiary CompanyBranch Company
How Long does the Company registration process Take?10 Days10 Days
How long Does it take to Open Bank Account? 5 Days5 Days
After how Long can you Invoice and Hire 15 Days15 Days
Minimum Number of Directors and Shareholders 2 –
Foreigner Can own the Company 100%YesYes
Can the entity hire expatriate staffYesYes
Tax Identification Registration requiredYesYes
Access to Mozambique double Tax treatiesYesYes
Can bid for Government Contracts?YesYes
Can Secure Trade Finance?YesYes
Can Secure an Import and Export Licence?YesYes
Can Easily Convert into a PLC?YesNo
Can Secure Work permits for foreign Employees and Directors?YesYes
Multi Currency Bank Accounts Available?YesYes

Kindly Click Here To Contact Us For Additional information on Company Registration in Mozambique or to Request for a Quotation.

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