Mozambique

We assist global clients looking to do business in Mozambique with the A to Z of business setup without the need for the client to travel to Mozambique . Some of our services include:

Company / Branch registration

Tax registration and obtaining PIN

Regulatory licenses across all sectors

Personal and corporate bank account opening

Accounting and tax support services

Provision of nominee directors and shareholders

Recruitment and employee hiring

Virtual/Physical Office space solutions

Employment and residency visas

The most common corporate structures preferred by foreign investors setting up in Mozambique include i) the limited liability company (LLC/LDA) and ii) the branch office. See detailed comparison below:

Advantages and disadvantages of Mozambique business setup:

  • Mozambique has plenty of fertile land from one end to another.  the agriculture industry in the country is extensively developing. It has diverse resources that is a goldmine for people looking to invest and carry out business; minerals and natural gas are among the resources.
  • There is plenty opportunities for technological development in the country.
  • It is geographically strategic for exporting to Asian markets. Companies wanting to export can set up their businesses in special economic zones or industrial free trade zones in Mozambique.
  • Companies benefit from a favorable business environment with simple and efficient incorporation processes.
  • Tax Exemptions. Specific tax exemptions are put in place for companies interested in developing specific sectors of an industry or state areas.
  • There also are industrial free trade zones special economic zones that offer several tax exemptions for the purpose of manufacturing products and exporting them. The country also signs a double tax agreement to protect foreign companies earning from double taxation.
  • Companies enjoy flexible regulatory requirements, making compliance more manageable.Growing infrastructure. Mozambique is a hub of development in every sector and a good market for investment
  • Good connectivity
  • Even though Mozambique’s labor force is growing, the labor market is rigid, and well-educated workers are scarce and a shortage of skills in its workforce, though laws are being placed to rectify as it is in progress.
  • Land Rights. Land ownership by private individuals is not permitted in Mozambique, land can be leased for renewable 50-year periods.
  • Infrastructure Deficiencies. Since it is still in the developing stage, the infrastructure is still insufficient and can pose a challenge in transport of goods.
  • Access to Finance. High Inflation prices in the country compel the Central Bank to maintain tight monetary policy through steep interest rates and high reserve requirements for commercial banks.  

Important links:

Company incorporation steps in Mozambique:

  1. Name Reservation: Girimba Consulting reserves a unique company name through filling the requisite application document at the Company Online Registry.
  2. Documents Preparation: Our Team prepares the incorporation documents and emails them to our Client for signatures and email return;
  3. Certificate of Incorporation: Our dedicated Team submits an application for company registration with the Companies and Business Registration office and obtain a certificate of incorporation;
  4. Personal Tax Number: If the director is a foreign national, our team submits an application for a personal tax number with the Mozambique Revenue Authority if necessary.
  5. Corporate Tax Number: Our Tax Agent also submits an application to the Revenue Authority for the corporate/company PIN (tax number);
  6. Other Registrations: If the Client intends to hire local staff, our Team registers the company with i) MPF (Standard Fundo de Pensões Sociedade Gestora) and ii) PAYE (Pay as You Earn) Scheme;
  7. VAT Registration: If our Client expects to make taxable income exceeding (US$387,000) within the calendar year, our Tax Agent proceeds to register the company for VAT (Value Added Tax);
  8. Bank Account Opening: Girimba Consulting also assists our Client to open a local corporate bank account with a top tier bank in Mozambique.

    Seek specific business information:

    Let us know more about your business needs by completing the form below. Our team will get back to you within twenty four hours.

    All information provided to Girimba via this form remains confidential, Girimba shall not sell, share or transfer any details to any authority or third parties except as may be required by law. If you however prefer not to fill up the form, you are welcomed to contact us by email or phone directly.

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    Girimba Consulting conducts business with openness, transperancy and honesty.We respect and uphold our Clients’ confidentiality, we offer quality service at affordable rates. Contact us for professional solutions.

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    Clarence S. Carlos

    Regional Cordinator

    Clarence is our regional cordinator and head of business setup secretariat.