The Private Limited Company is a darling for many would be business owners. This is clear from the huge number of Private Limited Companies that are registered every year in Zimbabwe. On average the PLC is more popular than the PBC on a scale of 10:1. So what are the advantages of a PLC and should you choose this form of incorporation or the PBC? This article seeks to help you with that information.

While at face value it seems registering a company is not a necessity, years of research has proven that it is indeed important. In fact, your success in business may actually depend on it. Below are some of the reasons why you should register your business.

In Zimbabwe there are two laws that govern company and business registrations. These are the Companies Act (for Private Limited Companies) and the Private Business Corporations Act (for Private Business Corporations). The requirements for the two are basically the same but some slight differences exist. The requirements for registering a business in Zimbabwe are as follows: