Wednesday August 27th 2014

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Starting (Registering) a Business in Malawi

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Starting a business, or company, in Malawi takes approximately 39 days as compared to about 46 days for the Sub-Saharan Africa region. This piece outlines the general technical procedures for starting a company in Malawi, according to the Doingbusiness.org database by the World Bank. It includes details and requirements to be in good standing with all relevant agencies beyond the company registrar like social security agencies.

Use this as a guide while you complete the process and consult with agents carrying out work on your behalf.  Additional notes may be found here.

Technical Procedures

The steps involved in registering a company (Private Limited Liability Company) in Malawi are:

  1. Initiate a company name search.
  2. Submit application for a Certificate of Incorporation to the Registrar General, Ministry of Justice.
  3. Register for payment of income tax with the Malawi Revenue Authority.
  4. Obtain a company seal.
  5. File an application form to obtain a license from the City Assembly.
  6. Have inspection of premises completed for the issue of the license.
  7. Pay license fee upon approval of license and obtain license.
  8. Apply for a registration of the workplace.
  9. Have inspection of premises completed by the Occupational Safety, Health, and Welfare Department.
  10. Register for PAYE and fringe benefit tax with the Malawi Revenue Authority by mail.
Note: Just before you begin the process to incorporate a business, confirm details with knowledgeable entities.  Policies and procedures may alter between the time of this publication and when you start the process.  The World Bank provides a list of local partners that helped collect and document business-related procedures here.

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