Sidumisile Mabena
Nqobile Bhebhe
[email protected]
THE Zimbabwe Investment and Development Agency (ZIDA) has set April 20 as the deadline for the mandatory re-registration of certain companies, noting that failure to comply will result in automatic deregistration and loss of legal status.
The agency said non-compliance will have serious consequences for affected entities, effectively rendering them inoperative within Zimbabwe’s legal framework.
However, ZIDA clarified that the re-registration requirement only applies to specific categories of companies, following reforms introduced to modernise the country’s business registry.
In its latest investor bulletin, the agency said the Department of Deeds, Companies and Intellectual Property Office of Zimbabwe (CIPZ) introduced an electronic registry system in March 2024, which marked a significant shift in how companies are registered and maintained.
“Statutory Instrument 108 of 2025 was subsequently promulgated in September 2025 mandating the re-registration of all Private Limited companies and Private Business Corporations (PBCs) registered prior to the electronic registry system.
“This is in line with Section 303 of the Companies and Other Business Entities Act [Chapter 24:31] and aims to modernise and maintain an accurate register of business entities and enhance ease of doing business,” said the agency.
The move is part of broader efforts to streamline corporate records, improve transparency and align Zimbabwe’s investment environment with international best practices.
On the implications of non-compliance, the agency said defaulting companies will face automatic deregistration and lose their legal standing.
“Automatic deregistration for non-compliance, loss of legal status of the company in Zimbabwe,” the agency said, urging investors to comply.
ZIDA noted that both foreign and domestic-owned Private Limited companies, as well as Public Companies registered before March 2024 and Private Business Corporations (PBCs) are required to re-register.
Entities registered after the introduction of the electronic registry system, as well as those that have already completed the re-registration process, are exempt from the exercise.
The agency emphasised that timely compliance is critical.
ZIDA is a statutory body established following the enactment of the Zimbabwe Investment and Development Agency Act, which was signed into law in February 2020.
Online Reporter