Introduction
This is a guide to the types of companies in Zimbabwe. When registering a company in Zimbabwe, one of the most important decisions you’ll make is choosing the right type of company structure. As of 2025, the three main types of company registration options available under Zimbabwean law are:
- Private Business Corporation (PBC)
- Private Limited Company (Pvt Ltd)
- Co-operative Company (Co-op)
Each structure is designed for different business needs and sizes. Understanding the distinctions between them is crucial for compliance, growth, and operational flexibility.
We strongly recommend consulting a professional before making your final decision. Our experienced business consultants are ready to guide you every step of the way.
Comparative Overview of Company Types in Zimbabwe
Feature
Private Business Corporation (PBC)
Private Limited Company (Pvt Ltd)
Co-operative Company (Co-op)
Ideal For
Small to medium enterprises (SMEs), start-ups, sole proprietors
Medium to large businesses, startups seeking investment
Member-owned enterprises focused on collective benefit
Legal Persona
Separate legal entity
Separate legal entity
Separate legal entity
Succession
Perpetual succession
Perpetual succession
Continuous succession
Ownership Structure
Members (up to 20 individuals)
Shareholders (can include both individuals and corporate entities)
Individual members only
Management
Members manage the business
Directors manage on behalf of shareholders
Management committee appointed by members
Documentation Required
Incorporation Statement, Bylaws
Certificate of Incorporation, Memorandum and Articles of Association, CR5, CR6
Co-op Constitution or Articles
Number of Owners
1–20 members
Minimum of 2 shareholders and directors
Minimum of 5 members
Corporate Shareholding
Not allowed
Allowed (companies can hold shares)
Not allowed
Annual Returns
Not required
Mandatory
Not required
Financial Statements
Not required
Audited financial statements required
May or may not be required depending on structure
Capital Structure
Member contributions (no share capital)
Share capital required
Member contributions, no share capital
Meetings
AGM not required
AGM is mandatory
AGM typically required
Ownership Instruments
Member’s interest
Shares
Member’s interest
Share Buy-back
Can purchase member’s interest
May acquire its own shares under legal restrictions
Typically not applicable
Registers
No register of members required
Member/shareholder register mandatory
Member register required
Liability
Limited liability for members
Limited liability for shareholders
May or may not offer limited liability (depends on co-op structure)
Financial Assistance for Ownership Acquisition
Permitted
Generally prohibited
Generally not applicable
How to Choose the Right Company Type
- Choose a PBC if you’re a solo entrepreneur or a small team wanting a flexible, low-cost structure.
- Choose a Pvt Ltd if you’re planning to scale, attract investment, or operate with more formal governance.
- Choose a Co-operative if your business is community-based, member-owned, or run for mutual benefit.
Final Note
Incorporating the right company type in Zimbabwe is a foundational step for your business’s success. With evolving regulations and business needs, 2025 is a great time to ensure you’re aligned with the most current legal and operational standards.
