PBC stands for Private Business Corporation and PLC stands for Private Limited Company.
If your list of names is not available for registration, you will need to supply us with a new list of names at no extra cost. While this process is offered by the Registrar of companies at a cost, we do not charge you for this. The new name search process will need additional 3 – 6 working days.
The PBC is a lot cheaper to register as it is government’s attempt to formalize the informal sector. It’s also specifically designed for small to medium businesses hence the attempt to reduce the price to accommodate smaller businesses who cannot afford the higher costs of registering a PLC. Not only is a PBC cheaper to register, it’s also cheaper and easier to maintain. It has no annual returns and laws that govern it are pretty straight-forward.
A PBC allows for between 1 to 20 directors. That means you can have a minimum of just 1 director and a maximum of 20 directors.
Sole traders are registered as PBCs since a PBC allows for a minimum of 1 director/ member or shareholder. This means you can register a PBC and be the sole owner in it.
Definitely. A PBC can do pretty much anything that a PLC can do.
Unfortunately it cannot. Only individuals are allowed to be members or shareholders in a Private Business Corporation.
The answer no. It depends with the agreement of the once investing. A private limited can have on one shareholder with 100% onwership and the other are directors only without any ownership.
A Tax Clearance Certificate is a certificate issued by the Commissioner General of the Zimbabwe Revenue Authority (ZIMRA), to a person liable to pay tax, provided that the taxpayer’s tax position is satisfactory.
Tax clearances enhances business compliance profile as the taxpayer deals with other businesses.
There are 2 circumstances when a tax payer can register for VAT
With effect from 1 January 2022 a trader is liable to register for VAT if the value of taxable supplies exceeds or is expected to exceed ZWL7, 800,000.00 or US$60,000.00 within a period of 12 months. In cases where the operator has reached/exceeded a turnover of ZWL7, 800,000.00 or US$60,000.00 but failed to register, the Commissioner General of the Zimbabwe Revenue Authority (ZIMRA) may compulsorily register the operator. The operator would be required to pay the VAT due, interest and penalties on the computed debt. Failure to register for VAT constitutes an offence in terms of the VAT Act (Chapter 23:12).
The following will not be obliged to register for VAT:
NB:Only operators registered for Value Added Tax (VAT) may charge VAT on the supply of goods and services.
We have different rates for different services:
Financial reports can be prepared – monthly, quarterly, or annually.
However, you enjoy the maximum benefits when your records are updated regularly.
Many of our clients prefer receiving updated information each month and we highly recommend it to you.
Absolutely. You can use our bookkeeping service. We will provide all necessary records and reports to your accountant. We are happy to answer any questions and assist your accountant to maximize the value of both our services and your accountant’s services. In fact, if you have a particular issue that we feel requires the advice of an expert, we will provide you a reference to a local professional and will work with them until the issue is properly resolved.
Yes, no problem. For example, some of our clients invoice their customers by themselves. We will do whatever tasks are left. We can discuss with you an ideal solution to streamline the work.
We will organize and summarize all of your receipts, invoices, bank statements, credit card statements, and anything else you might have that has piled up. No pre-sorting or organizing necessary!
Not quite, but they do go hand in hand. Bookkeeping is responsible for the recording of financial transactions, whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing financial data. Bookkeeping is very reactive, where you are recording transactions that have already happened. Accounting is more proactive, anticipating future financial needs and planning on how to meet them.
Bookkeeping has a few important benefits to a small business. First and foremost, keeping your books up to date is essential in the event your business gets audited. It also allows you to analyze and plan based on your collected data, helps minimize accounting costs, and saves you time during tax season since you’ve done the work to keep your finances updated throughout the year.
Accurate accounting serves as a baseline analysis for investors and lenders. It can help to provide a financial health report on your business for creditors, like banks, who might be providing you with a business loan. It can also help to guide your business and allows for accurate forecasting should you choose to grow and scale in the future.
A Growth and Profitability advisor is a financial expert you hire to offer advice and help guide your business, especially if you’re looking to grow or scale. They can often help with bookkeeping and accounting services but go a step beyond that to truly partner with their clients and help them to gather and understand the holistic view of their organization. They can help clients to be more proactive instead of reactive which enables you to make projections for the future of your business and lessens the likelihood of any surprises.
A domain name is a unique, easy-to-remember address used to access websites, such as 'lainac.co.zw'. This is what users type in a browser's search bar to directly access your website. A domain name is unique and cannot be shared between different sites.
From a technical perspective there are no differences except in registration and nameserver update processes
The only difference mainly is:
Using a .co.zw domain localises your site in some respects, for example google will generally favour your site compared to a .com domain in zimbabwe, but outside zimbabwe it would likely favour the .com domain
For a blog it wont make any massive difference having one or the other, the com will just be easier to manage and is more portable in future.
Just to scare you, .com domains are controlled by USA, so if USA authorities sees something they doesnt like they can take it down without asking you.
But if you have a .co.zw USA authorities have no power to do that, instead it will be th Zimbabwe government authorities which can take it down if they dont like it.
Web servers are critical elements of the internet, as every web site needs one in order to function. Essentially, web servers are computers that are responsible for transmitting data from a web site to the site visitor's computer. Without a web server your web site could not exist, because there would not be anywhere to store the data and send it to a visitors computer.
There is a variety of web servers available on the market, with each one designed to accommodate a different range of client needs. If you want your site to perform optimally, then you will need a capable web server. Make sure you become familiar with web servers and their uses before you proceed with your online endeavors.
SSL, or Secure Socket Layer, is a security protocol used to protect data as it is transmitted between devices on the Internet.
SSL certificates indicate the presence of this technology being used by a website. Most online shoppers will not shop at your site unless you have an SSL certificate.
SEO stands for search engine optimization, which is a very commonly used term in the web hosting industry. Search engine optimization is basically the practice of optimizing your web pages for higher search engine rankings. Being ranked highly for popular keywords in search engines is the best way to receive residual traffic with very little effort. Every web hosting account comes with tools that can help you tweak your search engine optimization efforts, such as traffic analysis tools and content management systems that simplify on-page SEO.
A shared web hosting service is an agreement whereby each user gets a certain portion of total available resources. Multiple domains are hosted by the same server, which means that the server’s capabilities are split between multiple domains. This means that these websites will not experience as robust of performance as a website that has a dedicated server applying all of its resources solely to one website. If requests come in for multiple websites on the same server simultaneously, the server will only be able to transfer so much information at a single time. For low-bandwidth websites, the delays will often be unnoticeable, but for more burdensome websites, the delay can be significant.
Regular maintenance is essential for a website to stabilize its flexibility and reliability.
Proper maintenance would help in ensuring your website’s security, invite new visitors, boost traffic and more.
Of course, we can help you out with proper and professional website maintenance in addition to
development as it supports in achieving stabilized growth, keeping your business inclined.
We like to work with all sorts and sizes of businesses and individuals, and we bring the same skills used to support our celebrity and big business clients to the work we do for smaller clients. We’re just as keen to work with small businesses as well as large ones, and as a local firm we’re ideally placed to understand the needs of growing organisations.
We certainly can do! It’s important to approach website redesignssensitively to make sure your reasons for redesigning are valid. This will ensure the project is an overall success from your ROI point of view.