Re-Registration of Companies

Compliance with the Companies and Other Business Entities Act (COBE) 2019

With the implementation of the Companies and Other Business Entities Act (COBE) in 2019, all companies in Zimbabwe that were registered before April 2024 are now required to re-register to comply with the updated legal framework. This article outlines the steps and requirements for re-registering your company, ensuring you achieve compliance efficiently and on time.

Why Is Re-Registration Necessary?

The COBE was introduced to modernize Zimbabwe’s corporate laws, replacing the previous Companies Act. Companies registered under the former legislation must re-register to conform to the new statutory requirements. This process is mandatory; failure to comply may result in penalties or even deregistration, which could severely disrupt your business operations.

Who Is Required to Re-Register?

All companies registered before April 2024 must complete the re-registration process. This includes:
  • Private Limited Companies (Pvt Ltd)
  • Public Limited Companies
  • Partnerships
  • Sole Traders registered as business entities
Who Is Required to Re-Register?
All companies registered before April 2024 must complete the re-registration process. This includes:
- Private Limited Companies (Pvt Ltd)
- Public Limited Companies
- Partnerships
- Sole Traders registered as business entities
What Are the Requirements for Re-Registration?
To successfully re-register, companies must provide the following:

  1. Original company documents

  2. Copies of identification for all directors and shareholders

  3. Email addresses and mobile phone numbers for each director/shareholder

  4. Most recent annual return (must be up to date) – Please note, annual returns are separate from tax returns.

How Long Does the Re-Registration Process Take?
Under normal circumstances, the re-registration process can be completed within 24 hours. However, if additional updates to your company’s records are required prior to re-registration, the process may take an additional 2 to 3 days to finalize.
To avoid any disruptions to your business, including potential penalties or deregistration, ensure your company is re-registered in accordance with COBE requirements. Start gathering the necessary documents today and initiate your re-registration process promptly.
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