How do I file annual accounts for my foreign company?

A foreign company is required, within nine months after the end of each financial year, to lodge with the Registrar a prescribed form (Form 40) together with annual accounts and an auditors’ report corresponding as nearly as practicable with the annual accounts and auditors’ report in relation to the operations and assets in Zambia of the company

PROCEDURE

A foreign company must file within three months after the end of each financial year, Form 40 together with annual accounts and an Auditors’ report. The Fee is K1,000 per year. The process is completed within 24 Hours.

PREREQUISITE

The statement must be due and not struck off the register

FEES

Form 40 – K1,333.33 per year

FORMS

•     Companies Form 40 – Statement in Form of a Balance Sheet

Forms can be downloaded from www.pacra.org.zm