Malawi at a Glance: Company Registration in Malawi | Business Registration 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.
Ghana Investment Opportunities are numerous in the following sectors;
- Agriculture/Agro-processing
- Energy Services
- Food and Beverage
- ICT
- Infrastructure
- Mining
- Manufacturing
- Forestry
Malawi has been attracting Investors and Foreign Direct Investment due to the following reasons;
- Streamlined Investment Establishment Procedures
- Political Stability & Security
- Liberalized Economy & Political Commitment
- Investor-Friendly Climate
- Competitive Labour Market
- Simplified Business Registration Process
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;
- Company registration in Malawi
- Government Licenses Processing
- Business Bank Account Opening
- HR Recruitment and Management
- Work Permit Processing
- Apartment/Office/Warehouse Sourcing.
Company Registration in Malawi Summary Table | Quick Info Guide on Business Registration in Malawi
| Entity | Subsidiary Company | Branch Company |
|---|---|---|
| How Long does it take to Register a Company in Malawi? | 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 |