Hello, on this page you will learn how to easily start your company in Malawi. We will tell you how to register your business in Malawi, how to apply for tax with MRA, how to get your contacts in the Malawi Yellowbook.
To begin, lets take a quick look at checklist for starting a small businesses in Malawi.
10 Steps to Starting a Business
Starting a business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps can help you plan, prepare and manage your business. Click on the links to learn more.
Step 1: Write a Business Plan
Use these tools and resources to create a business plan. This written guide will help you map out how you will start and run your business successfully.
Step 2: Register Your Website Domain Name
We highly recommend you buy your company a domain name so that your business is professional and organized.
Step 3: Choose a Business Location
Get advice on how to select a customer-friendly location in Malawi.
Step 4: Finance Your Business
Find government backed loans, venture capital and research grants to help you get started.
Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, NGO’s, LTD, nonprofit or cooperative.
Step 6: Register a Business Name
Register your business name with the Malawi Government.
Step 7: Get a Tax/Vat Identification Number
Get a Vat/Tax registration number from Malawi Revenue Authority.
Register with your state to obtain a tax identification number, workers’ compensation, unemployment and disability insurance.
Step 9: Obtain Business Licenses and Permits
Get a list of local licenses and permits required for your business.
Step 10: Understand Employer Responsibilities
Legal steps you need to take to hire employees and how to keep them happy and productive.