Apply for a Certificate of Incorporation at the Registrar General of the Ministry of Justice
Agency: Registrar General
Company name search is done manually at the same desk of company registration by completing a form and submitting it to the Registrar general. The Business Registration Act 2013, Government Notive No. 11, dated 24th of May 2013, established the electronic Malawi Business Registration Database which stores information for both non incorporated and incorporated businesses.
Although it is not fully implemented yet, the registry is moving towards automation. The law provides standard articles of association. By law, registration has to be completed in a maximum delay of 21 days. 5 days on average if done in person, 14 days by mail MWK 1,000 for name search + MWK 25,000 + MWK 500 for first MWK 1,000 of capital, and MWK 20 for every MWK 2,000 or part of capital thereafter
Register for income tax at the Malawi Revenue Authority
Agency: Malawi Revenue Authority
Company promoters must register with the Malawi Revenue Authority by filing the memorandum and articles of association, the certificate of incorporation (copy), and an application letter or completed application for registration form, including the accounting date, the name of a public officer, and the nature of the business. The Malawi government then issues a taxpayer income tax number.1 day if application is hand delivered no charge
Obtain a company seal
Agency: Seal maker
Making a seal may take up to a week. Costs depend on the length of the name of the company and the size of the seal.3 days on averageMWK 19,000
Apply for a license from the City Assembly
Agency: City Assembly
Under the Business Licensing Act, wholesalers must apply for a wholesaler’s license; and retailers, for a retailer’s license. For industrial activities, relevant fees, procedures, and licensing requirements depend on the manufactured goods. Licenses are thus administered by the corresponding ministry. By law, a business is to be deemed as fully licensed if the authority does not respond within 7 days of the day of the application. The Department of Planning checks whether the premises location and business use is consistent with the city code. 7 days, simultaneous with previous procedure MWK 400 Blantyre City Assembly
Pay the requisite fee and Obtain the license
Agency: Ministry
On approval, the license is issued in a couple of days and mailed to the investor. The amount payable depends on the type and location of the business in the city. 1 day, simultaneous with procedure 5 MWK 20,000- MWK 120,000
Apply for a registration of the workplace
Agency: Occupational Safety, Health, and Welfare Department of the Ministry of Labor
Promoters must file Form Lab/W/1 (application for registration of workplace) with the Occupational Safety, Health, and Welfare Department of the Ministry of Labor.
Fee schedule for workplace registration:
– Fewer than 20 employees: MWK 1,000.
– 21 to 50 employees: MWK 3,000.
– 51 to 200 employees: MWK 5,000.
– 201 to 500 employees: MWK 10,000.
– More than 500 employees: MWK 15,000. 28 days, simultaneous with procedure 5 MWK 1,000, depends on the number of employees
Receive inspection of the company premises by the Occupational Safety, Health, and Welfare Department
Agency: Occupational Safety, Health, and Welfare Department
When a company files an application for the registration of its workplace, officers from the Occupational Safety, Health and Welfare Department inspect the premises. If they are satisfied with its conditions, they issue a Certificate of registration to the Company. Otherwise, they will advise the company on certain measures to implement in order to improve the working conditions. 7 days, simultaneous with procedure 5 no charge
Register for PAYE and fringe benefit tax at the Malawi Revenue Authority (by mail)
Agency: Malawi Revenue Authority
Promoters must file Form P1 (PAYE) and Form FBT1 (fringe benefit tax). On registering for pay-as-you-earn (PAYE) tax, applicants are provided with the following forms: WTF1 (withholding tax certificate); WTF2 (summary of withholding tax); P9 (PAYE certificate of total emoluments and tax deducted); P10 (advice of employees tax deduction certificates issued); P12 (PAYE monthly deduction payment form; and P16 (reconciliation of the number of tax deduction certificates and schedule of tax deductions to be sent to the Inspector of Taxes).
