World Watch/Zimbabwe/Starting a Business

Starting a Business · Zimbabwe

Starting a business in Zimbabwe: foreigner's guide (2026)

ModerateZimbabwe Investment and Development Agency Act [Chapter 14:34] (2020); Companies and Other Business Entities Act [Chapter 24:31]; Indigenisation and Economic Empowerment Act [Chapter 14:33] and SI 215 of 2025Country index 69 · B

Zimbabwe shaded by its starting a business status

Zimbabwe permits foreigners to establish businesses with 100% ownership in most sectors, facilitated through ZIDA's One Stop Investment Services Centre (OSISC), which issues investment licences within 7 working days. However, Statutory Instrument 215 of 2025 (gazetted 11 December 2025) reserves several everyday sectors exclusively for Zimbabwean citizens and requires existing foreign businesses in those sectors to divest at least 75% equity to locals by December 2028. Outside reserved sectors, the formal registration process involves multiple sequential steps across several agencies, typically taking 2–4 weeks locally.

Key points

ZIDA One-Stop Shop

ZIDA's One Stop Investment Services Centre (OSISC) consolidates company registration, tax registration, licensing, and visa assistance under one roof representing 12 ministries/agencies. ZIDA General Investment Licences are issued within 7 working days of a complete application.

100% Foreign Ownership (Unrestricted Sectors)

In sectors not classified as 'reserved', foreign investors may own 100% of a Zimbabwean company with no mandatory local-partner requirement. The ZIDA Act (2020) explicitly provides for this and grants ZIDA-licensed investors statutory protections.

Reserved Sectors (SI 215 of 2025)

Gazetted 11 December 2025, SI 215 prohibits new foreign participation in passenger transport (taxis/buses), barber shops, hairdressing/beauty salons, bakeries, employment agencies, advertising agencies, tobacco grading/packaging, artisanal mining, borehole drilling, and pharmaceutical retailing — these are ring-fenced for Zimbabwean citizens. In retail/wholesale trade, foreign entry is only permitted with a minimum USD 20 million investment and at least 200 Zimbabwean employees; haulage/logistics requires USD 10 million and 100 employees.

Mandatory 75% Divestment (Existing Businesses)

Foreign businesses already operating in reserved sectors before December 2025 must submit a regularisation plan within 30 days of SI 215's gazetting and then divest a minimum of 25% equity annually until Zimbabwean citizens hold at least 75% — full compliance required by December 2028 or the business faces closure.

Registration Steps & Timeline

The process involves: (1) name reservation via CR21 form with the Registrar of Companies; (2) submission of incorporation documents (CR forms); (3) obtaining a ZIMRA Tax Identification Number; (4) National Social Security Authority (NSSA) registration if employing staff; and optionally (5) a ZIDA investment licence. Total timeline is typically 2–4 weeks for in-country applicants, 6–8 weeks for applicants registering from abroad.

April 2026 Electronic Re-Registration Deadline

All companies registered under Zimbabwe's former paper-based system must re-register on the national electronic registry by 20 April 2026; non-compliant entities are automatically deregistered under the Companies and Other Business Entities Act.

Zimbabwe - other topics

Last verified 5/24/2026 · Orientation, not legal advice - verify against the primary sources linked above. Explore the full world map →