Company Registration in Mozambique

Company Registration in Mozambique | Mozambique Company Registration | Doing Business in Mozambique

Overview on Doing Business in Mozambique | Company Registration in Mozambique | Mozambique Company Registration

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 Investments in Mozambique ( FDI in Mozambique)

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, Aluminum 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 Aluminum, 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 Company Registration in Mozambique and the following Key Company Set Up Services in Mozambique;

Company registration in Mozambique – Click here to start on the process
Government Licenses Processing
Business Bank Account Opening
HR Recruitment and Management
Work Permit Processing
Apartment/Office/Warehouse Sourcing.

Company Registration in Mozambique summary table | Mozambique Company Registration summary table | Overview on How to Register a Mozambique subsidiary | Overview on limited liability companies Sociedades

Entity	Subsidiary Company	Branch Company
How Long does Company Registration in Mozambique 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 Mozambique 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

Click Here to Talk to an Expert or for additional information or more details on the procedures for Company Registration in Mozambique.

Frequently asked questions on Company set up in Mozambique

Where can I register a company in Mozambique?

Company Registration in Mozambique is carried out at the Conservatória do Registo de Entidades Legais (CREL). If you are not familiar with the process, it is advisable to engage a consultant to help with Company Registration in Mozambique to register a company that suits your business goals.

How do I set up a company in Mozambique?

To set up a Company in Mozambique you will need to perform the tasks below;
– Company Registration in Mozambique
– Tax Registration in Mozambique
– Bank Account opening in Mozambique
We are able to conclude the 3 steps remotely and hence saving you time and money

Can a foreigner own a business in Mozambique?

Yes, Company Set up in Mozambique is allowed for both Local and foreigners. Most Industries are open for foreigners in Mozambique and hence a foreigner can start, run and succeed in business in Mozambique.

How can I start a small Company in Mozambique?

Company registration in Mozambique is the first step to starting a business. After registration of the company you can then decide whether to open a physical Office / Shop or run the business online to save on the innitial capital outlay.

How much does it cost to register a company in Mozambique?

The cost for Mozambique Company registration depends on a few factors like the type of company and share capital. Kindly reach out to us for an initial meeting to identify your need, guide you on the best entity to setup and the cost for the same.

What are the types of companies in Mozambique?

Here are the most common types of companies in Mozambique,
– Limited Liability Company / limited liability companies sociedades (LLC / LDA) – A Limited Liability Company is required to have at least 2 shareholders and a maximum of 30 shareholders. There is no requirement on the minimum share capital and the liability of the shareholders is limited to the share contribution in the company.
– Public Limited Company (SA) – A Public limited company is required to have a minimum of 3 shareholders and they can either be natural or corporate persons. There is no minimum share contribution but at least 25% of the declared share capital must be paid up. The Liability of the shareholders is limited to their share contribution in the company.
– Limited Partnership – A Limited Partnership is required to have at least two individuals or companies. The entity does not have a minimum share capital. A Capitalist Partner is only liable to the extent of their contribution in the partnership while an industry partner is not liable at all.