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AFRICAN BORN COPERATION INVESTMENT ENTERPRISE
AFRICAN BORN COPERATION INVESTMENT ENTERPRISE
1.0Application for Certificate ofRegistration/MFEZPermit
The Zambia Development Agency (ZDA) Act No. 11 of 2006 offers a wide range of incentives in
the form of exemptions & concessions for companies investing in a priority sector as per ZDA
Act.
Anyone wishing to apply for Certificate of Registration must submit the following documents:
• Completed formal application form obtainable from the Zambia Development Agency
OR can be asked for from via email mulilamwape32@outlook.com; kindly note that
application forms that are incorrectly filled, incomplete or altered will NOT be
processed under the Zambian Law and ZDA act.
• Copy of certificate of Incorporation;
• Copy of certificate of share capital;
• Copy of an official list of shareholders and/or directors;
• Business plan and/or feasibility study;
• Verifiable evidence of project finance; bank statements(in English), loans, credit
facilities, verifiable invoices and bill of lading for equipment & machinery etc
• Brief resumes/CVs for shareholders and/or directors;
• Certified Identity cards of shareholders and/or directors
• Non-refundable application processing fee of$1, 280.00(Cash or Managers’ Cheque).
• License fee of $3, 670.00(Cash or Managers’ Cheque). This is payable on collection of
the certificate of registration.
2.0 Fiscal Incentives and Qualifying Thresholds
AFRICAN BORN COPERATION INVESTMENT ENTERPRISE
The Act provides for investment thresholds that have to be met to qualify for fiscal and non-fiscal
incentives. Projects that qualify may be new or existing ones undergoing expansion or
modernization. These are the categories of investors who can be considered under the ZDA Act.
1. Investors who invest not less than US$500,000in the Multi Facility Economic Zone, an
Industrial Park, and a Priority Sector and invest in a Rural Enterprise under the
ZDA Act are entitled to the following fiscal incentives:
(i) Zero percent tax rate on dividends for 5 years from first year of commencement
of operations.
(ii) Zero percent tax on profits for 5 years from the first year of operation-
(Qualifying projects should be in the Manufacturing Sector in an MFEZ,
Industrial Park or Rural Area).
(iii) Zero percent import duty rate on capital equipment and machinery for five years.
In addition to fiscal incentives, the above category of investors is entitled to the
following
Non-Fiscal incentives;
(i) Investment guarantees and protection against state nationalization;
(ii) Free facilitation for application of immigration permits, secondary licenses, land
acquisition and utilities
2. Investors who invest an amount not less than US$250,000 in any sector or product not
provided for as a priority sector or product under the Act. This category of investors is
entitled to non-fiscal incentives as follows;
(i) Investment guarantees and protection against state nationalization;
(ii) Free facilitation for application of immigration permits, secondary licenses, land
acquisition and utilities
The Certificate of Registration is valid for ten (10) years from the date of issue.
The investor may apply for renewal of the Certificate of Registration before the date of its expiry.
3.0 Priority Sectors
1. MANUFACTURING
Manufacturing activities located in a Multi-facility Economic Zone, an Industrial Park or
a rural area.
2. CONSTRUCTION AND ESTABLISHMENT OF INFRASTRUCTURE,
AFRICAN BORN COPERATION INVESTMENT ENTERPRISE
EXCLUDINGRENOVATION,EXPANSION AND REFURBISHMENT
a) Education: Construction of education and skills training institutions
b) Health: Construction of health centers’ as defined under the Health Professions
Act 2009.
c) Tourism:
(i) Construction and establishment of hotels
(ii) Construction and establishment of convention centers
(iii) Construction and establishment of exhibition centers
(iv) Construction and establishment of museums
(v) Construction and establishment of Theme parks
(vi) Construction and establishment of art galleries
(vii) Construction and establishment of theatres;
(viii) Construction and establishment of a large retail complex
containing a variety of ten or more stores, restaurants or other
business establishments housed in a series of connected or
adjacent buildings or in a single large building.
d) Housing:
Development of fifty (50) or more houses erected or maintained under one
management or control on land developed specifically for the citing of such
houses in accordance with a comprehensive plan which provides for the laying
out of roads and the furnishing and availability of services essential or ancillary
to the use of such building as houses;
e) Agriculture: construction of crop and grain storage facilities and;
3. ENERGYAND WATER DEVELOPMENT
a) Power: building, installation of power stations
b) Fuel:
I. Building and installation of processing and refinery plants for bio-fuel; II.
Construction of petroleum refineries
III. Construction of pipelines
IV. Construction of rural filling stations
c)Water Supply
(i) Construction of Depots;
(ii) Construction of Dams
(iii) Construction of irrigation canals; and
AFRICAN BORN COPERATION INVESTMENT ENTERPRISE
(iv) Construction of water and sewerage treatment plants
4.0 Secondary Licenses
Listed below are examples of secondary licenses that a company might require.
Environmental Impact Assessment (EIA)
-All investment projects require either a project brief or a full Environmental Impact
Assessment (EIA) that is done by the Zambia Environmental Management Authority
(ZEMA)
Telecommunication License
-Projects in telecommunication such as mobile cellular companies, internet service providers
(ISPs), etc require a telecommunication license obtained from Zambia Information
Communications and Technology Authority of Zambia (ZICTA)
Tourism Licenses
-Hotels, Safaris hunting/walks, Tour Guides, Casinos, Restaurants, Night clubs, projects
operating in national parks and Game Management Areas (GMAs), etc. require licenses
and permits from Zambia National Tourist Board (ZNTB), Zambia Wildlife Authority
(ZAWA) and Local Municipalities
• Financial and non financial Institutions such as Banks and Bureaus require approval from
Bank of Zambia
• Insurance companies and insurance brokers require authority from the Pensions and
Insurance Authority (PIA) or Securities Exchange Commission (SEC).
• Medical projects such as clinics, surgeries, dispensaries and drug companies require
approval from the Pharmaceuticalregulatory Authority (PRA)
• Stock brokers have to be registered with the Securities and Exchange Commission (SEC).
• Manufacturing projects require a manufacturer’s license from local municipalities.
Contact Details
Mwape Mulila Jr
Official ZDA Agent
African Born Co-operation Investment Enterprise.
Cusa House,Room 2.40/1
Cairo Road
Compensation House
Mobile Phone: +260965843486/ +260974772325
AFRICAN BORN COPERATION INVESTMENT ENTERPRISE
Telephone: +260211238433
Email:mulilamwape32@outlook.com
Important Note
1. APPLICATION FOR INCENTIVES
Overview
Once an investor has received the Certificate of Registration and confirmation of the
project being approved with tax incentives (Section 56 and/or Section 57), they are
eligible for customs duty exemptions on capital equipment and machinery, and
corporate tax incentives for projects operating in Manufacturing Sector in the MFEZ
and Rural Areas from first year of operation.
In order for the investor to fully receive the tax benefits, they will need to apply through
the Business Development Specialists, submitting an employment schedule. The BDS
will make the recommendation to the Ministry of Finance. The Minister then approves
the recommendation and the approval is sent to the Zambia Revenue Authority for
configuration into the system.
Kindly note that it is only after the investor receives confirmation of approval from the
ZDA, can they commence with importation of approved items. Kindly note that the ZDA
will only recommend items that the BDO and BDS confirm as capital equipment and
machinery specific to your sector.
The figures paid above include the agent fees incurred by African Born Corporation
Investment Enterprise. It is hereby stated that an agreement should be singed before
procedures begin. African Born Cooperation Investment Enterprise will also oversee
investment management for the arriving party.
The organization is open to forming partnerships with in coming foreign investors and
companies.

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  • 1. AFRICAN BORN COPERATION INVESTMENT ENTERPRISE
  • 2. AFRICAN BORN COPERATION INVESTMENT ENTERPRISE 1.0Application for Certificate ofRegistration/MFEZPermit The Zambia Development Agency (ZDA) Act No. 11 of 2006 offers a wide range of incentives in the form of exemptions & concessions for companies investing in a priority sector as per ZDA Act. Anyone wishing to apply for Certificate of Registration must submit the following documents: • Completed formal application form obtainable from the Zambia Development Agency OR can be asked for from via email mulilamwape32@outlook.com; kindly note that application forms that are incorrectly filled, incomplete or altered will NOT be processed under the Zambian Law and ZDA act. • Copy of certificate of Incorporation; • Copy of certificate of share capital; • Copy of an official list of shareholders and/or directors; • Business plan and/or feasibility study; • Verifiable evidence of project finance; bank statements(in English), loans, credit facilities, verifiable invoices and bill of lading for equipment & machinery etc • Brief resumes/CVs for shareholders and/or directors; • Certified Identity cards of shareholders and/or directors • Non-refundable application processing fee of$1, 280.00(Cash or Managers’ Cheque). • License fee of $3, 670.00(Cash or Managers’ Cheque). This is payable on collection of the certificate of registration. 2.0 Fiscal Incentives and Qualifying Thresholds
  • 3. AFRICAN BORN COPERATION INVESTMENT ENTERPRISE The Act provides for investment thresholds that have to be met to qualify for fiscal and non-fiscal incentives. Projects that qualify may be new or existing ones undergoing expansion or modernization. These are the categories of investors who can be considered under the ZDA Act. 1. Investors who invest not less than US$500,000in the Multi Facility Economic Zone, an Industrial Park, and a Priority Sector and invest in a Rural Enterprise under the ZDA Act are entitled to the following fiscal incentives: (i) Zero percent tax rate on dividends for 5 years from first year of commencement of operations. (ii) Zero percent tax on profits for 5 years from the first year of operation- (Qualifying projects should be in the Manufacturing Sector in an MFEZ, Industrial Park or Rural Area). (iii) Zero percent import duty rate on capital equipment and machinery for five years. In addition to fiscal incentives, the above category of investors is entitled to the following Non-Fiscal incentives; (i) Investment guarantees and protection against state nationalization; (ii) Free facilitation for application of immigration permits, secondary licenses, land acquisition and utilities 2. Investors who invest an amount not less than US$250,000 in any sector or product not provided for as a priority sector or product under the Act. This category of investors is entitled to non-fiscal incentives as follows; (i) Investment guarantees and protection against state nationalization; (ii) Free facilitation for application of immigration permits, secondary licenses, land acquisition and utilities The Certificate of Registration is valid for ten (10) years from the date of issue. The investor may apply for renewal of the Certificate of Registration before the date of its expiry. 3.0 Priority Sectors 1. MANUFACTURING Manufacturing activities located in a Multi-facility Economic Zone, an Industrial Park or a rural area. 2. CONSTRUCTION AND ESTABLISHMENT OF INFRASTRUCTURE,
  • 4. AFRICAN BORN COPERATION INVESTMENT ENTERPRISE EXCLUDINGRENOVATION,EXPANSION AND REFURBISHMENT a) Education: Construction of education and skills training institutions b) Health: Construction of health centers’ as defined under the Health Professions Act 2009. c) Tourism: (i) Construction and establishment of hotels (ii) Construction and establishment of convention centers (iii) Construction and establishment of exhibition centers (iv) Construction and establishment of museums (v) Construction and establishment of Theme parks (vi) Construction and establishment of art galleries (vii) Construction and establishment of theatres; (viii) Construction and establishment of a large retail complex containing a variety of ten or more stores, restaurants or other business establishments housed in a series of connected or adjacent buildings or in a single large building. d) Housing: Development of fifty (50) or more houses erected or maintained under one management or control on land developed specifically for the citing of such houses in accordance with a comprehensive plan which provides for the laying out of roads and the furnishing and availability of services essential or ancillary to the use of such building as houses; e) Agriculture: construction of crop and grain storage facilities and; 3. ENERGYAND WATER DEVELOPMENT a) Power: building, installation of power stations b) Fuel: I. Building and installation of processing and refinery plants for bio-fuel; II. Construction of petroleum refineries III. Construction of pipelines IV. Construction of rural filling stations c)Water Supply (i) Construction of Depots; (ii) Construction of Dams (iii) Construction of irrigation canals; and
  • 5. AFRICAN BORN COPERATION INVESTMENT ENTERPRISE (iv) Construction of water and sewerage treatment plants 4.0 Secondary Licenses Listed below are examples of secondary licenses that a company might require. Environmental Impact Assessment (EIA) -All investment projects require either a project brief or a full Environmental Impact Assessment (EIA) that is done by the Zambia Environmental Management Authority (ZEMA) Telecommunication License -Projects in telecommunication such as mobile cellular companies, internet service providers (ISPs), etc require a telecommunication license obtained from Zambia Information Communications and Technology Authority of Zambia (ZICTA) Tourism Licenses -Hotels, Safaris hunting/walks, Tour Guides, Casinos, Restaurants, Night clubs, projects operating in national parks and Game Management Areas (GMAs), etc. require licenses and permits from Zambia National Tourist Board (ZNTB), Zambia Wildlife Authority (ZAWA) and Local Municipalities • Financial and non financial Institutions such as Banks and Bureaus require approval from Bank of Zambia • Insurance companies and insurance brokers require authority from the Pensions and Insurance Authority (PIA) or Securities Exchange Commission (SEC). • Medical projects such as clinics, surgeries, dispensaries and drug companies require approval from the Pharmaceuticalregulatory Authority (PRA) • Stock brokers have to be registered with the Securities and Exchange Commission (SEC). • Manufacturing projects require a manufacturer’s license from local municipalities. Contact Details Mwape Mulila Jr Official ZDA Agent African Born Co-operation Investment Enterprise. Cusa House,Room 2.40/1 Cairo Road Compensation House Mobile Phone: +260965843486/ +260974772325
  • 6. AFRICAN BORN COPERATION INVESTMENT ENTERPRISE Telephone: +260211238433 Email:mulilamwape32@outlook.com Important Note 1. APPLICATION FOR INCENTIVES Overview Once an investor has received the Certificate of Registration and confirmation of the project being approved with tax incentives (Section 56 and/or Section 57), they are eligible for customs duty exemptions on capital equipment and machinery, and corporate tax incentives for projects operating in Manufacturing Sector in the MFEZ and Rural Areas from first year of operation. In order for the investor to fully receive the tax benefits, they will need to apply through the Business Development Specialists, submitting an employment schedule. The BDS will make the recommendation to the Ministry of Finance. The Minister then approves the recommendation and the approval is sent to the Zambia Revenue Authority for configuration into the system. Kindly note that it is only after the investor receives confirmation of approval from the ZDA, can they commence with importation of approved items. Kindly note that the ZDA will only recommend items that the BDO and BDS confirm as capital equipment and machinery specific to your sector. The figures paid above include the agent fees incurred by African Born Corporation Investment Enterprise. It is hereby stated that an agreement should be singed before procedures begin. African Born Cooperation Investment Enterprise will also oversee investment management for the arriving party. The organization is open to forming partnerships with in coming foreign investors and companies.