All application procedures and application forms can be
obtain from:
Malawi Investment Promotion Agency (MIPA)
Tel:. (265) 01 770 800
Fax: (265) 01 771 781
E-mail: mipall@malawi.net
Postal Address: Private Bag 302, Capital City, Lilongwe 3, Malawi.
The Companies Act allows for registration of external companies. The Act defines
an external company as a body corporate formed outside Malawi, which establishes
or maintains an established place of business in Malawi. A company incorporated
outside Malawi may therefore establish a liaison office in Malawi.
Normally a legal firm acts as the registration agent and the registration fees
are payable in Malawi Kwacha.
Maximum 14 days.
Registration fees depend on the share capital of the company. Agent’s fees are
also calculated depending on the share capital but the minimum fee payable is
K5, 000.00.
- There is no cost of registration maintenance
- There is no need for renewal of registration
Normally advisable to have a local legal firm that handles the process of registration.
- A company is required to maintain accounts
- Employment of national staff encouraged but not obligatory
- Income tax and corporate tax both obligatory
- Not obligatory to announce company in media
If an external company ceases carrying on business in Malawi, it simply informs
the Registrar of Companies by filing a Notice of Cessation of Business in Malawi.
There is no cost and this can be done in a matter of days.
- Articles of Association
- Memorandum of Association
- Advisable to use a legal firm as registration agent and or company secretary
- Advisable to submit three copies
- Being an external company notary public will be obligatory
- The documents must be notarized in the country of origin
- Documents should be in English
- Courier service: DHL, Skynet, TNT.
For more information, contact:
William Faulkner
Attorneys at Laws
Aquarius House
P.O. Box 30636
Capital City
Lilongwe 3
MALAWI
Tel: (265) 01 775 294
Fax: (265) 01 775 373
E-mail: achinula@sdnp.org.mw
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A non-refundable processing fee of US$ 200.00, or its equivalent, shall apply
in all cases of new applications for an investment license.
- Any Investor investing an amount equal to or above US$ 50,000.00 shall
be required to make an application for an Investment License from Malawi Investment
Promotion Agency (MIPA)
- The applications shall be accompanied by a Business Proposal providing
full details of the project and its requirements; (expatriate staff, land
etc.)
- Upon receipt of the application, the Malawi Investment Promotion Agency
(MIPA) shall process the application and a background check on the company
shall be conducted. The application shall be summarized and sent to the Investment
Approval Committee for appraisal and approval
- When the Committee is satisfied with the application, it shall approve
and issue an investment license
- Upon approval the investor shall be required to pay US$ 800.00 or an equivalent
amount in Malawi Kwacha for the investment certificate
- All companies shall be incorporated with the registrar of companies
Note: New investors shall be required to state their project requirements
(staffing, land, incentives applications etc.) at this stage so that issuance
of the Investment License shall be complete covering all investment requirements.
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The following is the procedure for obtaining a Business Residence Permit or
Temporary Employment Permit (TEP):
- Investors shall submit an application to the Secretariat for either Business
Residence Permits (BRPs) of Employment Permits (EPs)
- New applications for Business Residence Permits (BRP) shall include duly
completed application forms for BRP, a business proposal that shall include
full details of the proposed investment project, 2 passport size photos, and
a police clearance report from country of origin
- New applications for an Employment Permit (EP) shall include duly completed
application forms, 2 copies of curriculum vitae of the applicant, and 2 passport
size photos
- The processed applications shall be presented before the Investment Approval
Committee which shall approve or reject, as the case may be
- The General Manager/Chief Executive of Malawi Investment Promotion Agency
(MIPA) shall immediately obtain the Employment Permit (EP) and the Business
Residence Permit (BRP) from the Chief Immigration Officer
- Upon issuance of the Business Residence Permit (BRP) or Employment Permit
(EP), the investor shall be required to pay US$ 800.00 and US$ 820.00 or an
equivalent amount in Malawi Kwacha for the issuance of Business Residence
Permit (BRP) and Employment Permit (EP) respectively
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The process shall be as follows:
- An investor shall submit an application to Malawi Investment Promotion
Agency (MIPA) for allocation of land for investment
- The application shall be accompanied by a Business Proposal that will
give detailed information of the project
- The Malawi Investment Promotion Agency (MIPA) shall process the application
for the Investment Approval Committee
- Upon allocation of land, the General Manager / Chief Executive of Malawi
Investment Promotion Agency (MIPA) shall then work with Ministry of Lands
for issuance of a Title Deed
- All the payments made by investors on issuance of land shall be paid to
Ministry of Lands through the Malawi Investment Promotion Agency (MIPA)
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The process for accessing investment incentives shall be as follows:
- The investor shall submit an application for incentives accompanied by
a detailed project proposal or business description
- The Malawi Investment Promotion Agency (MIPA) shall receive and present
the application before the Investment Approval Committee
- Based on the incentives guidelines, the Investment Approval Committee
shall grant or deny incentives, as the case may be
- The General Manager / Chief Executive of Malawi Investment Promotion Agency
(MIPA) shall notify the applicant about the outcome of the decision by the
Investment Approval Committee within 10 calendar days
All application procedures and application forms can be obtain from:
Malawi Investment Promotion Agency (MIPA)
Tel:. (265) 01 770 800
Fax: (265) 01 771 781
E-mail: mipall@malawi.net
Postal Address: Private Bag 302, Capital City, Lilongwe 3, Malawi.
Related links:
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