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HOW TO REGISTER A FOREIGN COMPANY The first step is to have the name cleared at a fee of K25,000. Once the name is cleared, two sets of application form (Form 46) for Registration of a foreign company must be lodged. These cost K20,000 and must be typewritten. The following are the requirements for registering a foreign company:- | 1. | At least one and not more than nine local directors must be appointed as Directors of a Foreign Company. At least one local director of the company must be resident in Zambia and if the company has more than two local directors, more than half of them shall be residents of Zambia. | | 2. | At least one documentary agent (a firm, corporate body registered in Zambia or an individual who is a resident in Zambia) | | 3. | A certified copy of the Certificate of Incorporation from the country of origin must be attached to Form 46. | | 4. | The charter, statutes, regulations, memorandum and articles, or other instrument relating to a foreign company must be submitted. | | 5. | The Registration Fee of K1,350,000 must be paid. | | 6. | The issuance and sealing of the Certificate of Registration marks the end of the process for registration. |
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