Private Limited Company (PLC) Services in Zimbabwe
The PLC is the standard and most popular corporate structure in Zimbabwe. It is a separate legal entity, meaning it can own property, enter into contracts, and sue or be sued independently of its owners.
Liability: Owners (shareholders) have limited liability, protecting personal assets from business debts.
Governance: It is governed by a Memorandum and Articles of Association.
Requirements: Requires at least one shareholder and two directors. It is ideal for businesses intended to grow, seek investment, or participate in large-scale tenders.