Company Registration

Register Your Zimbabwean Business Today!

Centuria Advisory Services is the leader in company registration services in Zimbabwe. We offer efficient and excellent Company Secretarial Services at affordable rates. We have registered over five thousand companies to date and we are registering more every week. Our turnaround time is comparable to none. If you need fast and reliable company registration services, look no further, we are here for you.

Private Limited Company - (PVT) LTD

Features

Private Business Corporation (PBC)

Features

  • Can be owned and managed by one person or multiple people.
  • Personal liability of shareholders is limited to the value of their shares.
  • hareholders can keep all company profits for their personal use.
  • Can be owned and managed by one person or multiple people.
  • Personal liability of shareholders is limited to the value of their shares.
  • Company can sell shares to raise capital.

Why Register A Company With Us:

  1. When you register a company with us we offer FREE ACCOUNTING ADVICE.
  2. We are the most affordable and reliable…
  3. Online registration process. Quick, and easy process.
  4. We offer a holistic service, to get your company on it’s feet. Our business registration services include  ZIMRA  requirements advice, Free Bank Advisse used to open bank account, bank account opening assistance and many other business requirements so you will need us in future, rather start at the right place and have peace of mind.

Major differences between a PBC and a Pvt Ltd

Private Business Corporation Private Limited Company
Mainly meant for small to medium businesses Mainly meant for medium to large businesses
Can accommodate sole traders Only accommodates 2 or more people
Has a legal persona of its own apart from its owners Has a legal persona of its own apart from its owners
Has perpetual succession Has perpetual succession
Can have a maximum of 20 directors Can have a maximum of 50 directors
Members are the same as shareholders or owners Shareholders are owners and can be different from the directors
Companies cannot be shareholders or hold a member’s interest in a PBC, only individuals can be members Both companies and individuals can be shareholders in a PLC
Comprised of members Comprised of directors and shareholders
Has an incorporation statement and bylaws Has a certificate, memorandum, articles, CR6 and CR14
Articles of association are not required Registered articles of association
Does not require annual return to be lodged Annual returns are compulsory
Has member’s contributions Has share capital
Has an accounting officer Has an auditor
Annual general meeting not required Annual general meeting is required
Members hold member’s interest Shareholders hold shares
Can purchase a member’s interest Can acquire its own shares under certain circumstances
Members are responsible for the day to day management of the PBC Directors are responsible for the day to day management of the company
No register of members is required Register of members is required
Offers limited liability to its owners Offers limited liability to its owners
No financial statements needed Audited financial statements
No prohibition on a PBC to provide financial assistance for the acquisition of a member’s interest Prohibition on a company to provide financial assistance for the acquisition of its own shares
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ZWL Zimbabwe