How to Apply for Investment Certificate In Malawi

Apply for Investment Certificate In Malawi By Yourself

  1. Investors must go to at least the Malawi Investment and Trade Centre (MITC) office at their area to collect their application forms personally. Contact Link
  2. Download it from their website site: Link (investment application form).
  3. Complete the application correctly and double-check to ensure that you sure that you have all the required documents in the section D of the application form.
  4. Complete the application and send it in the MITC office to be processed and verified.
  5. An MITC official will check the application to ensure it meets the required requirements and, if verified, the applicant must pay the fee of $200 to be processed for the certificate.
  6. The application will then be transferred on to MITC Internal Approval Committee (IAC) to evaluate the application to determine whether or not it deserves approval or rejection.
  7. Investors will be informed when the application has been approved.
  8. Then the investor is required to pay a pre-determined charge of $880.
  9. Once completed the invest certificate will then be given within five working days.

Required Documents For Apply for Investment Certificate

  • Business Plan.
  • The completed application form.
  • Certificate of Incorporation issued in Malawi.
  • Memorandum and Articles and Constitution.
  • Scanned or Photocopied Passport Personal Information pages of Shareholders.
  • Project Brief (3-5 Pages Summary of the Project ) that will be submitted directly to the Environmental Affairs Department to determine whether the project is required to conduct the use of an Environmental Impact Assessment Study)

Office Locations and Contacts

Chief OfficeThe Chief Executive Officer
Malawi Investment and Trade Centre (MITC)
Aquarius House – First-floor Private Bag 302,
Capital City, Lilongwe 3, MALAWI
Tel . (265) 1 771 315 or 770 800
Fax: (265) 1 771 781
E-mail: info@mitc.mw

Blantyre Office
The CEO is the Chief Executive Officer.
Malawi Investment and Trade Centre (MITC)
Unit House – Fourth Floor
Private Bag 131, Blantyre, MALAWI
Tel: (265) 1 821 222
Fax: (265) 1 821 621
E-mail: info@mitc.mw
Site: Link
Contact Details: Link

Eligibility

Every investor in Malawi can apply for these investment certificates.

Fees

  • $100 will be paid upon submission of the application , and $800 will be paid upon acceptance of your application.
  • Payments are made in US dollars in the MITC offices or paid to MITC’s foreign exchange debited account. The proof of the payment must be sent to MITC.

Validity

The validity time is indicated in the document.

Documents to Utilize

Investment Application Form (Word Doc): Link

Processing Time

The process can take up to 5 working days.

Instructions

Every investor who invest in Malawi are required to get the Investment Certificate before they establish their company in Malawi. Prospective investors must make investments of at least US$ 50,000 as the minimum amount of capital investment in order to get an investment certificate at the Malawi Investment and Trade Centre (MITC). After the certificate has been granted, MITC assists investors to obtain any additional licenses or permits that investors might require to begin their business. This includes the following:

  • The Company’s Registering (facilitated by the MITC’s Companies registration specialist prior to obtaining an Investment Certificate).
  • Immigration Permits.
  • Qualifying Investment Incentives according to the industry sector.
  • Processing and facilitation of Land.
  • Utilities.
  • and any other issues that are faced by investors that may arise from time to at.

Requirements Information

  • Company Information.
  • Information of Shareholders.
  • Information about the project.
  • Declaration.
  • The details of the payment account include:
    • The name of the bank is: National Bank of Malawi Bank
    • Branch Name: Capital City
    • Name of the Bank Account:
    • Malawi Investment and Trade Centre (MITC-FCDA Account)
    • Account Number Account Number: 1000944617
    • Swift Code Swift Code: The Swift Code:

The Document is required

This document proves that you’re working within Malawi as a legally registered investor that is recognized by law.

Information that can be useful

Investors Guide Download PDF Link

External Links

The MITC: Link

Source

Link

Leave a Comment