In light of the New Commercial Code, approved by Decree – Law Number 2/2005, of 27 of December, and complementary legislation, procedures for company registration in Mozambique have been simplified. The registration process comprises the following steps:
- Company name reservation at the Conservatory of Legal Entities Registration
- Agreement on the wording of the company’s Articles of Association by the shareholders. It is recommended that the company’s Articles of Association be reviewed by a professional;
- Open a bank account for the purpose of depositing the share capital. The necessary documents: Certified copy of the company name reservation certificate, draft company Articles of Association, certified copy of the shareholders’ identification documents;
- Formalize the company registration at the Conservatory of Legal Entities’ Registration. Documents to be submitted: Copy of the company name reservation certificate, draft company Articles of Association, proof of the bank deposit, certified copy of the shareholders’ identification documents.
Results of this Process
The publication of the Articles of Association on the official gazette (Boletim da Republica) made by the Conservatory of Legal Entities’ Registration.
Once the registration has been concluded, the company must have a fiscal registration and obtain the respective tax registration number (NUIT) at the fiscal office of the area of the business has been established, as well as the operation licenses from the entities responsible for the area of the business activities