November 21, 2018 By Business Africa No comments yet business opportunities in malawi, Business registration fees in malawi, company formation in malawi, doing business in malawi, fdi in malawi, formation of a company in malawi, investing in malawi, investment companies in malawi, investment options in malawi, legal forms of business in malawi, malawi business registration act, malawi company search, malawi investment forum, malawi investment promotion agency, malawi registrar general website, mitc, most profitable business in malawi, one person company in malawi, sources of business opportunities in malawi, starting a company in malawi
Malawi Interfaces SADC and COMESA Africa’s Major Trading Blocks with a Combined population of about 327 Million. The Malawian Economy is generally unexploited with an untapped export potential of USD 333.5 Million with Investment opportunities in areas such as mining, tourism, manufacturing, agro-processing including fruit juice processing, soya bean oil extraction, integrated cotton industry (spinning, weaving, ginning including cassava); phosphate fertilizer manufacturing; garment manufacturing.
The Tax Regime in Malawi is Quite Straight forward with the Tax rate for personal Income ranging from 0 to 35 %, Corporation Tax is at 30% and Vat at 16.5 %.
For over 1 decade now, East Africa Business Consultants Has assisted many clients with the following Key Company Set Up Services in Malawi;
|Entity||Subsidiary Company||Branch Company|
|How Long does the Company registration process Take?||10 Days||10 Days|
|How long Does it take to Open Bank Account?||5 Days||5 Days|
|After how Long can you Invoice and Hire||15 Days||15 Days|
|Minimum Number of Directors and Shareholders||2||–|
|Foreigner Can own the Company 100%||Yes||Yes|
|Can the entity hire expatriate staff||Yes||Yes|
|Tax Identification Registration required||Yes||Yes|
|Access to Malawi double Tax treaties||Yes||Yes|
|Can bid for Government Contracts?||Yes||Yes|
|Can Secure Trade Finance?||Yes||Yes|
|Can Secure an Import and Export Licence?||Yes||Yes|
|Can Easily Convert into a PLC?||Yes||No|
|Can Secure Work permits for foreign Employees and Directors?||Yes||Yes|
|Multi Currency Bank Accounts Available?||Yes||Yes|
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