Business Registration Act Zambia

October 29, 2021 Post a Comment

A a formal letter of application to the Commission signed by a duly authorised officer of the issuer. And to provide for matters incidental thereto.

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Power to require proof of information 8.

Business registration act zambia. I In this Act unless the context otherwise requires. And provide for matters connected with or incidental to the foregoing. 1 In this Act unless the context otherwise requires- business includes profession.

The Companies Act No 10 of 2017 -The Companies General Regulations 2019 SI No. PACRA formerly Patents and Companies Registration Office PACRO was established under Act number 15 of 2010. Registration of Business Names Act to be registered.

Business name means the name or style under which any business is. An Act to provide for the registration of business names. We would like to show you a description here but the site wont allow us.

An Act to provide for the registration of business names. ENACTED by the Parliament of Zambia. The Patents and Companies Registration Agency PACRA is a semi-autonomous executive agency of the Zambian Ministry of Commerce Trade and Industry.

14 of 2019 The SI provides for the general regulations relating to registration requirements for companies including description of the small private company for purpose of meeting corporate governance requirements. This Act may be cited as the Registration of Business Names Act. Doing business in Zambia begins with PACRA in the sense that formal business registration is only undertaken by PACRA.

This Act may be cited as the Patents and Companies Registration Agency Act 2010 and shall come into operation on such date as the Minister may by statutory instrument appoint. This Act may be cited as the Business Registration Act. The Registration of Business Names Act makes mandatory for every individual or firm with a place of business in Zambia and carrying on business under a business name to be registered with PACRA s 4.

1 In this Act unless the context otherwise requires. Authority means the Accounting and Corporate Regulatory Authority established under the Accounting and Corporate Regulatory Authority Act 2004 Act 3. 1 Business means an activity or series of activities done.

The Patents and Companies Registration Agency PACRA is a semi-autonomous executive agency of the Zambian Ministry of Commerce Trade and Industry. PART I PRELIMINARY 1. Provide for the incorporation categorisation management and administration of different types of companies.

The Act is supplemented by subsidiary legislation Statutory Instruments which stipulate feesforms and detailed procedures. Repeal and replace the Registration of Business Names Act 1931. 389 c a business name whether of an individual or of a firm in which he is a partner under which he or the firm has at the commencement of this Act been registered for not less than three years under the Registration of Business Names Act.

A registration statement for the purposes of section thirty-two of the Act shall consist of the following. Any two or more persons can incorporate a company under the Companys Act. Provide the procedure for the approval of company names change of name and conversion of companies.

The first step is to have the company name cleared. An Act to promote the development of the economy by encouraging entrepreneurship enterprise efficiency flexibility and simplicity in the formation and maintenance of companies. ENACTED by the Parliament of Zambia.

And remuneration of assessors. Registration is done at the Patents and Companies Registration Office. A in the form of a profession a trade employment a vocation or a calling.

Business Registration and Investment License Establishing a business in Zambia starts with company registration with the Patents and Companies Registration Agency PACRA. REGISTRATION LICENSES AND PERMITS COMPANY FORMATION AND REGISTRATION The Companys Act Cap 388 governs the registration of companies in Zambia. Business entrepreneurs should get acquainted with the operations of PACRA for compliances sake.

REPUBLIC OF ZAMBIA THE NATIONAL REGISTRATION ACT CHAPTER 126 OF THE LAWS OF ZAMBIA CHAPTER 126 THE NATIONAL REGISTRATION ACT THE NATIONAL REGISTRATION ACT ARRANGEMENT OF SECTIONS Section 1. Appointment of Chief Registrar and staff 5. Act Number 16 of 2011.

Transitional Act means the Business Names Registration Transitional and Consequential Provisions Act 2011 and includes instruments made under that Act. Permitted hours to inspect the register and documents. Once cleared foreign companies could proceed with the registration with the following requirements.

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