Tax Consultancy

Importance of Your Business Having a Valid Tax Clearance Certificate

DEF. A Tax Clearance Certificate (ITF263) is a certificate issued by the Zimbabwe Revenue Authority (Zimra) to a business or person liable to pay tax, provided that the taxpayer’s position is satisfactory.

Advantages or Benefits of Having A Valid Tax Clearance

1. Tax Clearance is required for bidding tenders
2. A Tax Clearance is a prerequisite when applying for licences issued by various local authorities in Zimbabwe
3. No presumptive tax will be charged when your business or company imports goods or services into Zimbabwe
4. No 10% Withholding Tax will be deducted when payments are made for goods and services supplied
5. Business counterparts have confidence in doing business with Tax Compliant taxpayers.

Who Is Required To Obtain A Valid Tax Clearance

A properly registered company, Trust, Partnership, Cooperative, School, Sole Trader, Church and or Private Business Corporation (PBC)

What Is Required To Obtain A Tax Clearance

1. Proper business registration papers
2. Bank account for the business
3. Letter of Authority appointing a Public Officer
4. Fully completed Rev 1 Form

Edit Post

Importance of Your Business Having a Valid Tax Clearance Certificate

DEF. A Tax Clearance Certificate (ITF263) is a certificate issued by the Zimbabwe Revenue Authority (Zimra) to a business or person liable to pay tax, provided that the taxpayer’s position is satisfactory.

Advantages or Benefits of Having A Valid Tax Clearance

1. Tax Clearance is required for bidding tenders
2. A Tax Clearance is a prerequisite when applying for licences issued by various local authorities in Zimbabwe
3. No presumptive tax will be charged when your business or company imports goods or services into Zimbabwe
4. No 10% Withholding Tax will be deducted when payments are made for goods and services supplied
5. Business counterparts have confidence in doing business with Tax Compliant taxpayers.

Who Is Required To Obtain A Valid Tax Clearance

A properly registered company, Trust, Partnership, Cooperative, School, Sole Trader, Church and or Private Business Corporation (PBC)

What Is Required To Obtain A Tax Clearance

1. Tax Clearance is required for bidding tenders
2. A Tax Clearance is a prerequisite when applying for licences issued by various local authorities in Zimbabwe
3. No presumptive tax will be charged when your business or company imports goods or services into Zimbabwe

1. Proper business registration papers
2. Bank account for the business
3. No presumptive tax will be charged when your business or company imports goods or services into Zimbabwe

  • 1.) Proper business registration papers
  • 2.)Bank account for the business
  • 3.) Letter of Authority appointing a Public Officer
  • 4.) Fully completed Rev 1 Form



List

Create a bulleted or numbered list.

Font sizeFont sizeCustom

  • 1.) Proper business registration papers
  • 2.)Bank account for the business
  • 3.) Letter of Authority appointing a Public Officer
  • 4.) Fully completed Rev 1 Form

Leave a Reply

Your email address will not be published.