Published
Sep 4, 2023
Updates:
Dec 3, 2024
Mozambique
Price:
Delivery:
Legal forms:
Payment methods:
3 months
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Document checklist:
1.Passport
2.Proof of Residence
Requirements:
Local legal address (Handled by B2B Hub)
Mozambique
$
4000
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Registrar
Abbreviation
Phone
Location
Capital
Official languages
Population
Currency
ISO 4217
Maputo
Mozambique
Portuguese
33,897,354
MZN
Metical

FAQ for company formation in Mozambique
Q: What is the process for company formation in Mozambique?
A: The process for company formation in Mozambique involves obtaining necessary licenses and permits, registering the company with the Mozambican government, obtaining a tax identification number, and registering for social security contributions.
Q: What are the requirements for company formation in Mozambique?
A: The requirements for company formation in Mozambique include a minimum of two shareholders and one director, a registered office address in Mozambique, and a minimum share capital of MZN 200,000 for a limited liability company.
Q: What types of companies can be formed in Mozambique?
A: Companies that can be formed in Mozambique include limited liability companies, joint stock companies, partnerships, and sole proprietorships.
Q: How long does it take to form a company in Mozambique?
A: The time it takes to form a company in Mozambique varies and can take up to several weeks, depending on the complexity of the registration process.
Q: What are the tax implications for companies in Mozambique?
A: Companies in Mozambique are subject to a corporate income tax rate of 32%.
Q: What is the legal system in Mozambique?
A: The legal system in Mozambique is based on civil law.
Q: What is the currency used in Mozambique?
A: The currency used in Mozambique is the Mozambican metical (MZN).
Q: Can foreign nationals own a company in Mozambique?
A: Yes, foreign nationals can own a company in Mozambique.
Q: Are there any specific regulations for foreign-owned companies in Mozambique?
A: Foreign-owned companies in Mozambique are subject to the same regulations as domestically-owned companies.
Q: What are the benefits of forming a company in Mozambique?
A: Some of the benefits of forming a company in Mozambique include a growing economy, abundant natural resources, a strategic location on the east coast of Africa, and a relatively low cost of living. Additionally, Mozambique has a number of tax incentives for certain industries, making it an attractive location for businesses.
"Mozambique has seen a steady growth in its economy over the past few years. According to the World Bank, the country's GDP grew by 4.3% in 2019, and is projected to grow by 4.5% in 2020. The country's inflation rate has also been relatively low, averaging at 3.2% in 2019.
The country's main exports are aluminum, coal, and natural gas, which account for around 40% of its total exports. The country also has a large agricultural sector, which accounts for around 25% of its GDP.
Mozambique has seen a steady increase in foreign direct investment (FDI) over the past few years. In 2019, FDI inflows to the country totaled $2.3 billion, up from $1.7 billion in 2018.
Overall, Mozambique's economy has been growing steadily, and the country has seen an increase in FDI inflows. With the right policies in place, the country could continue to see strong economic growth in the years to come."
In Mozambique, both individuals and businesses are subject to taxation. The tax system is administered by the National Revenue Authority (Autoridade Tributária de Moçambique, or AT), which is responsible for collecting taxes and enforcing tax laws.
For individuals, the tax system is based on a progressive income tax rate, ranging from 0% to 32%, depending on the amount of income earned. The tax year in Mozambique runs from January 1st to December 31st, and individual tax returns are due by March 31st of the following year.
For businesses, the corporate income tax rate is 32%, and there is also a value-added tax (VAT) of 17% on most goods and services. The tax year for businesses is the same as for individuals, and tax returns are due within six months of the end of the tax year.
Tax payments can be made online or in person at a tax office, and penalties may apply for late or incorrect payments. The AT also offers various tax incentives and exemptions to encourage investment in certain sectors and regions. In addition, there are specific taxes for certain industries, such as mining and petroleum, and there are also customs duties for goods imported into the country.
Application without registration
The first director
The second director
The third director
The first shareholder
The second shareholder
The third shareholder
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