Malawi - Apply for Investment Certificate

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Procedure

Apply In-Person:

1. The investors have to visit the Malawi Investment and Trade Centre (MITC) office in their location to obtain the application form in person.Contact Link
2. Download it from their web portal: Link (investment application form).
3. Fill the application form correctly and cross-check to make have all the mentioned documents in section D of the application form.
4. Submit the completed application to the MITC office for verification and processing.
5.  A MITC official will verify the application if it meets all the requirements and once verified the applicant will have to pay the application fee of $ 200 for processing of the certificate.
6.  Then the application will be forwarded to the MITC Internal Approval Committee (IAC) to appraise the application for approval or rejection.
7. The investor will be notified if the application is approved.
8.  After that, the investor will need to pay a prescribed fee of $800.
9. Once done, an investment certificate will be issued in 5 working days.
   

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Required Documents

• Business Plan.
• Completed application form.
• Certificate of Incorporation in Malawi.
•  Memorandum and Articles of Association.
•  Scanned/Photocopied Passport Personal Information pages of Shareholders.
•  Project Brief (3-5 Paged Summary of Project which will be sent to the Environmental Affairs Department to determine whether the project requires an Environmental Impact Assessment Study)
  

Office Locations & Contacts

Head Office
The Chief Executive Officer
Malawi Investment and Trade Centre (MITC)
Aquarius House – First-floor Private Bag 302,
Capital City, Lilongwe 3, MALAWI
Tel : (265) 1 770 800 / 771 315
Fax: (265) 1 771 781
E-mail: [email protected]

Blantyre Office
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: [email protected]
Website: Link
Contact: Link

Eligibility

All investors in Malawi are eligible for these investment certificates.

Fees

• $100 paid at the time of application and $800 paid after approval of the application.
• Payment is in US $ Cash at the MITC offices or can be made to MITC’s foreign currency denominated account and proof of payment be emailed to MITC.
  

Validity

The validity period is stated on the certificate.

Documents to Use

Investment Application form (Word Doc): Link

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

The process will take maximum five working days.

Related Videos

Videos explaining the procedure or to fill the applications.
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Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
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e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

All investors in Malawi are required to obtain an Investment Certificate before they establish their business in the country. Prospective investors are required to put up investments of not less than US$ 50,000 as minimum investment capital to be able to obtain an investment certificate from the Malawi Investment and Trade Centre (MITC). Once the certificate is approved, MITC assists investors to get any additional licenses and permits that the investors might need to start their operations. These include the following:-

•  Company Registration (facilitated by MITC’s Companies Registration Specialist prior to obtaining Investment Certificate).
•  Immigration Permits.
•  Qualifying Investment Incentives as per sector of operation.
•  Facilitation and processing of Land.
•  Utilities.
•  And any other issues faced by the investor as may come up from time to time.
  

Required Information

• Company Details.
•  Particulars of Shareholders.
• Details of the project.
•  Declaration.
• The account details for payment are as follows: -
  • Name of Bank: National Bank of Malawi Bank
  • Branch Name: Capital City
  • Bank Account Name:
  • Malawi Investment and Trade Centre (MITC-FCDA Account)
  • Account Number: 1000944617
  • Swift Code: NBMAMWMW
    

Need for the Document

This document proves that you are operating in Malawi as a legal investor recognized by the law.

Information which might help

Investors Guide: PDF Link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
E.g. Birth Certificate can be used as proof of identity.

External Links

MITC: Link

Others

More information which might help people.