PLMJ
July 8, 2013 - Portugal
Mozambique - The Difference Forms of Business Establishments
by PLMJ
Decree-Law 2/2005 of 27 December, which approved the Mozambican commercial Code, makes it possible for Mozambican or foreign individuals or clients to set up business in Mozambique in one of six different ways: (i) general
partnership (Sociedade em Nome Colectivo); (ii) limited partnership (Sociedade em Comandita); (iii) capital and industry partnership (Sociedade de Capital e Indústria); (iv) quota company (Sociedade por Quotas); (v) single person quota company (Sociedade Unipessoal por Quotas) and (vi) share company (Sociedade Anónima).
Foreign investors that wish to carry on a commercial activity in Mozambique may choose between a range of commercial vehicles such as the company types listed above and other forms of commercial representation including branches in the form of agencies or delegations.
As a general rule, investors tend of to establish their business by setting up a ‘quota company’ (Sociedade por Quotas) or a ‘share company’ (Sociedade Anónima), or by registering one of the types of foreign commercial
representation listed above.
Footnotes:
Global Vision, Local Experience, July 2013
Read full article at: http://www.worldservicesgroup.com/files/emails/PLMJ_The_different_forms_of_business_establishment.pdf