FREQUENTLY ASKED QUESTIONS

Where do we go to obtain an investment licence and other relevant permits to invest in Zimbabwe?

The investor should approach the ZIDA One Stop Investment Service Centre which is located at 1ST Floor, ZB Life Towers, Cnr Second St/Speke Ave, Harare or the ZIDA Bulawayo Office located at 3rd Floor, Fidelity Life Centre, Fife Street / 10 Avenue to obtain the application forms which can also alternatively be downloaded from the ZIDA website www.zidainvest.com.

How are applications for Investment licences approved?

Applications for investment licences are processed internally by ZIDA. The ZIDA Management has full authority to approve applications for investment licences.

Are there any fees or charges associated with the application for an investment licence?

The fees are as follows:

Application for Investment certificate                                                                       USD    500

Investment licence fee                                                                                             USD 4 500

Application for Renewal / Amendment of Investment Certificate                             USD 3 000

Is there a limit on the amount of money a company can remit offshore per year?

No. A company is free to remit funds to meet its requirements such as importation of goods and services.

What is the minimum investment allowed?

The minimum investment allowed for a foreign Company is not less than USD 100