iProtector is creating a database of available potential investment opportunities and locations that meet ESG criteria. Please contact us at [email protected], giving detail on the nature of the potential opportunities you are searching for within Zimbabwe.
Yes, Zimbabwe is safe destination for investment only when you have carefully done an excellent background research and have identified alternatives to overcome investment barriers. The economy has the potential to grow more than six times in the coming decade. There are so many opportunities to tap into. For any issues you need clarification on regarding the safety of your investment, please contact us at [email protected]
Amendments to the Indigenisation and Economic Empowerment Act, Chapter 14:33 (the “Act”) were gazetted on 14 March 2018 under the 2018 Finance Act under section 42. Only the extraction of diamonds or platinum remains under 51% local ownership rule and a few twelve (12) reserved sectors. However, for the 12 reserved sectors a foreign investor can own more than 51% of a business after receiving permission from the Minister. The amended indigenisation law can be found in the Zimbabwe 2018 Finance Act that can be downloaded in the downloads section of this website.
Generally, many small businesses in the Zimbabwe go out of business every year. Their business models fail for various reasons which include improper governance. iProtector assists in reducing the risk of investment loss through SMART strategies that are highly effective. ESG criteria allows investors to gain a non-financial return, in the event that financial return fails.
Under iProtector investors can choose to invest using community development banks, provision of micro-loans, municipal bonds, technological injections, skills & knowledge impartation, donations, grants or any vehicle they deem fit to meet their investment objectives. We are here to partner you in business.
An investment license is not mandatory, however only foreign investors are required to obtain an investment license issued by ZIA in terms of the ZIA Act in order acquire a certain measure of certainty as security against the pitfalls that an investor might fall prey to when operating informally. The license provides for protection of investors by placing them under the laws of Zimbabwe, providing for; tax incentives, repatriation of income, export & exchange controls and import tariff dispensations. An investment license eases the investor process of immigration, work permits and doing business in Zimbabwe. Therefore it is highly recommended that all foreign investors to be approved and be in possession of a valid investor license. The current cost of the investment license is (US$500 ZIA registration + US$2500 license). Local investors are not required to register with ZIA.
Sustainable investing is an investment discipline that considers environmental, social and corporate governance (ESG) criteria to generate long-term competitive financial returns and positive societal impact. Depending emphasis sustainable investing can be labelled as: ‘community investing,’ ‘ethical investing,’ ‘green investing,’ ‘impact investing,’ ‘responsible investing,’ or ‘socially responsible investing’ among others.
Some lucrative investment offers come with specific conditions from the investor. It is very important for an investee not to accept an investment as a result of desperation. Exceptional attention to detail is required. An investee should perfectly understand the value of their investment project or company. Here are things you should at least know about your investors.
- Is the potential investor credible?
- What are the expectations and objectives my potential investor?
- What am i exchanging in return of the investment?
- How much is the potential investor willing to invest?
- Is the investment relationship long-term or short-term?
- Has the potential investor invested in other companies or projects before?
- How will the potential investors monitor their funds?
- What are the pre-requirements of the investor and how long does the investment process it take?
- What do you do or what does your company do?
- How does my investment project or business fit in ESG criteria?
- What is unique about my investment project or company?
- What gap do I wish to solve in the market?
- How big is the market opportunity for my investment outputs?
- Where are you headquartered?
- Is my investment project or company highly scalable?
- What are my key milestones?
- Who are the project or organisation’s competitors?
- What is the return-on-investment (ROI) of my business?
- Do i have previous 3-year financial reports?
- What is my future 5-year financial outlook like?
- What are the regulations that govern my project or company’s operations?
- Who are the founders, key team members and their expertise?
- Do i have a SWOT analysis?
Below are the common forms of business models that operate in Zimbabwe:
- Sole Proprietorships
- Partnerships / Joint Ventures
- Companies (PLC, PVT, PBC)
- Foreign Branches
A special economic zone (SEZ) is an area in a country in with unique economic regulations that differ from other areas in the same country. The SEZ regulations tend to be conducive to foreign direct investment. Conducting business in an SEZ typically implies that the company will receive tax incentives and the opportunity to pay lower tariffs. Currently in Zimbabwe the number of special economic zones is increasing and information pertaining to them is found on the ZimSEZA website
The current fiscal incentives associated with SEZs include:
- Corporate tax – Zero-rated Corporate Income Tax for the first 5 years of operation with a corporate tax rate of 15% applying there after.
- Customs Duty on Capital Equipment – Duty free importation of capital equipment
- Special Initial Allowance – Special initial allowance of 50% of cost from year one and 25% in the subsequent two years
- Non-residents Withholding Tax on Fees – Exemption from Non-residents tax fees for services that are not locally available, and employees tax
- Non-residents Withholding Tax on Royalties – An exemption from Non-residents tax on Royalties
- Custom Duty on Raw Materials – Inputs which include raw materials imported for use by companies set up in the SEZs will be imported duty free. The duty exemption will, however not apply where such raw materials are produced in Zimbabwe.
- Capital gains tax – Zero-rated Capital gains tax
To apply for SEZs consideration please download the ZimSEZA application form in our downloads section
and we will assist you in sending it to the relevant authority.
As long as you have a Zimbabwean citizenship, you are classifies as a local investor. You do not need an investment licence to invest in Zimbabwe. All you need is to make a well informed investment decision and partake of the goodness of your homeland.
As the diaspora, you play a very critical role in supporting sustainable development of Zimbabwe by transferring resources, knowledge and integrating Zimbabwe into the global economy. iProtector provides you the ‘Opinions Centre
‘ platform that can allow you to positively contributing back to Zimbabwe through us.