The entrepreneur is required to register with the Legal Entities Registrar, execute the deed of incorporation and request a commercial registry certificate. Once registration is completed, the Commercial Registrar coordinates the publication of the company statutes in the Official Gazette.
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How much does it cost to register a company in Mozambique?
Fees
| Different Mozambique entity types | Cost | Draft invoice |
|---|---|---|
| Tax resident LLC | US$20,700 | View invoice PDF |
| PLC | US$21,700 | View invoice PDF |
| Branch of a foreign company | US$27,925 | View invoice PDF |
| Representative Office | US$26,975 | View invoice PDF |
How do I start a company in Mozambique?
Necessary steps for business registration in Mozambique
- NAME RESERVATION.
- DRAFTING OF STATUTES.
- OPENING A BANK ACCOUNT.
- FINAL CERTIFICATE.
- TAX REGISTRATION AND OBTAINING THE NUIT.
- PUBLICATION IN THE BULLETIN OF THE REPUBLIC.
- ISSUE OF PERMIT.
- START OF ACTIVITY.
Can a foreigner open a business in Mozambique?
It is easy to start a business in Mozambique because: Limited liability company registration in Mozambique requires only 1 shareholder and 1 director. There is no requirement for a minimum share capital to complete incorporation; Most industries are open to investment by foreigners.
How do I get a Mozambique business permit?
Your Options
- Step 1: Obtain a certificate of equivalence. Before a work authorisation can be granted, a certificate of equivalence must be obtained from the Mozambique Ministry of Education.
- Step 2: Work authorisation application.
- Step 3: Obtain a residence permit.
How long does it take to register a company in Mozambique?
Mozambique company registration procedures take up to 17 days to complete and involve a number of pre and post-registration steps.
Is Mozambique good for business?
Mozambique is ranked 138th out of 190 countries in the World Bank’s Ease of Doing Business Survey for 2020. The country’s highest rankings are for dealing with construction permits (61st) and resolving insolvency (86th), while its lowest are for starting a business (176th) and enforcing contracts (168th).
How can a foreigner get a job in Mozambique?
In Mozambique, foreigners are eligible to apply for either a general tourist visa (30 days, single/multiple entry) or a work visa. The latter is required for anyone who will formally work in the country. Virtually all nationalities are required to secure the appropriate visa in advance of arriving.
How do I become a resident of Mozambique?
Within this period, holder of this type of visa must apply for a Residence Permit at the Immigration Services in Mozambique.
- PASSPORT OR SIMILAR DOCUMENT.
- MEANS OF SUPPORT.
- CRIMINAL RECORD CERTIFICATE.
- RECENT PHOTO.
- TAX CERTIFICATE OF DISCHARGE.
- MEDICAL CERTIFICATE.
- EMPLOYMENT PERMISSION CONTRACT.
- BIRTH CERTIFICATE.
How much is a visa to Mozambique?
Tourist Visa Fees to Mozambique:
| Processing Time: | Standard Visa to Mozambique 10 business day |
|---|---|
| Validity: | 3 months |
| Consular Fee: | $160.00 |
| Service fee: | $89.00 |
| Total cost: | $249.00 |
What is a good business to start in Mozambique?
BUSINESS IDEAS FOR SUCCESSFUL BUSINESSES IN MOZAMBIQUE
- Rice Production/Milling Business. In Mozambique, rice cultivation has been conducted for over 500 years.
- Natural gas Business. This sector is a highly lucrative business one can tap onto.
- Cosmetics Business.
- Biofertilizer Business.
What demand is in Mozambique?
Heavy industry and construction is an easy one in Mozambique because the demand is simply a by-product of the booming energy sector and growing consumer base. Some local optimists believe growth is set to be an easy upward trend for Mozambique. But realistically, without more foreign investment, it could also stall.
Do they speak English in Mozambique?
Language in Mozambique
Portuguese is the official language, although this is generally only spoken by the more educated amongst Mozambique’s population. Beside this, more than 60 different dialects of Bantu languages can be found in Mozambique. English is generally spoken in hotels and beach lodges.
How long can a South African stay in Mozambique?
Visas are not required by South African passport holders for a stay of up to 30 days. No firearms will be allowed to cross the border, without the required permits. No animals (pets) will be allowed to cross the border, without the required permits.
Do expats pay income tax in Mozambique?
Expatriates working in Mozambique will be required to pay income tax on their earnings. Mozambique has a progressive income taxation system, which means that the amount of income tax you pay will be calculated depending on your earnings in the given tax year; these rates start at 10% and are capped at 32%.
What are the most common jobs in Mozambique?
Economy of Mozambique
| Statistics | |
|---|---|
| Labour force by occupation | agriculture: 77% industry: 8% Tertiary sector |
| Unemployment | 17% (2007 est.) |
| Main industries | aluminum, coal, petroleum products, chemicals (fertilizer, soap, paints), cement, asbestos, glass, textiles, tobacco, food processing, beverages |
Do you need a work permit to work in Mozambique?
Before working in Mozambique on a long term basis, the employee will need to acquire a residence permit as well as a work visa. Applicants must submit the following documents: A completed application form.A notarized copy of the applicant’s work permit issued by the Ministry of Labour.
Can I get a visa for Mozambique in the border?
The Mozambique visa on arrival service allows foreign visitors to get a visa at border control when entering the country. Nationals of over 180 countries are able to apply for the visa on arrival (VoA) for Mozambique. The VoA grants foreign nationals entry to Mozambique for the purposes of tourism and leisure.
Do you need a visa to work in Mozambique?
The Work Visa is issued to foreign citizens traveling to Mozambique in order to be employed by others, with or without remuneration.However, if the employment contract is valid for more than 60 days, the applicant must apply for a Permit for Temporary Residence at the Immigration Services in Mozambique.
What is the name of Mozambique currency?
Mozambican metical
What documents are required for Mozambique?
Documents needed to enter Mozambique:
- Valid passport: Valid for at least 6 months after your date of return.
- Very Important: An unabridged birth certificate for all minors travelling with you.
- Valid drivers license.
- Original vehicle registration papers, or a SAPS certified copy, not older than 3 months.
