Shelf company/turnkey solutions for Mozambique in 2023
Some of our Clients need an immediate Mozambique corporate structure to close a business deal. With a turnkey solution, Healy Consultants can provide our Client within a week i) a company name and number ii) a company address iii) a corporate bank account number and iv) a tax number.
Healy Consultants fees
Healy Consultants Mozambique company turnkey solutions’ cost is US$20,890 which includes i) company number and tax number ii) an already approved local corporate bank account with internet banking activated iii) all government fees and iv) virtual office address for 12 months.
While it is much cheaper to set up a new company, this package is attractive for entrepreneurs who are willing to spend more money on a Mozambique shelf company in order to save Mozambique incorporation time. Refer to attached fee invoice for more detail:
Steps to buy a turnkey solution in Mozambique
|1.||Healy Consultants Compliance Team receives the required corporate and personal due diligence information from our Client;||1|
|2.||Our Client signs Healy Consultants engagement letter and returns the original to our Singapore Head Office. Our Client settles our fees;||1|
|3.||Our Client confirms by email the planned corporate structure and e-mails the required due diligence;||1|
|4.||Healy Consultants provides our Client i) a company name and number ii) a company office address and a Mozambique tax ID iii) a Mozambique corporate bank account number and iv) a tax number. Our Client can inform customers and suppliers;||1|
|5.||The Mozambique readymade company director signs i) the legal share allotment and legal share transfer and ii) the change of company address;||1|
|6.||The existing Mozambique readymade director courier returns the original legal transfer documents to Healy Consultants’ Singapore office. Healy Consultants’ Company Secretary Team submits transfer documents to Conservatory of Legal Entities Registration for processing and immediately the Mozambique company ownership change is approved and sent to Healy Consultants. We then email our Client i) the certificate of incorporation and ii) the M&AA with the new shareholders and directors;||2|
To change bank signatory, there is a 15% probability our Client must travel to meet the bank in Mozambique. If the bank signatory is already a customer of the bank, then there is a 95% probability a travel exemption will be granted.
As always, Healy Consultants will aggressively negotiate a travel exemption for our Client, asking the bank to just perform a skype or phone conversation with the bank signatory. Depending on Client nationality, sometimes we are successful and our Client does not have to travel to Mozambique.
If the new bank signatory must travel to Mozambique, then our Client can do this when they are ready. Our Client will be picked up at the airport by Healy Consultants limo and chauffeured to their hotel. Healy Consultants’ Banking Team and our Client attends a meeting with the Mozambique bank to appoint our Client as the new bank signatory and submit the corporate bank package containing:
|8.||The bank approves the appointment of the new bank signatory and will courier new internet banking documents (login, password etc) to our Client. Healy Consultants is no longer a bank signature to this corporate bank account;||5|
Healy Consultants will courier the following to our Client:
|10.||Our Client receives a courier from the bank comprising new internet banking information. The new bank signatory activates the internet banking.||6|
Frequently asked questions
What is a turnkey business in Mozambique?A turnkey business, also known as a shelf company, is a company already registered with the Mozambique authorities. Healy Consultants turnkey solutions providers will only need to update i) the company name and ii) its shareholders and directors in Mozambique.
What is the main advantage of turnkey projects in Mozambique?Mozambique business turnkey solutions enables entrepreneurs to avoid red tape and time consuming procedures required to incorporate a new company. Delivery of complete turnkey solutions can indeed be done in 3 weeks (excluding bank account procedures), while the setup of an LLC takes an average of three months in Mozambique.
Can Healy Consultants provide me with turnkey solutions for my projects in Mozambique?Yes, Healy Consultants can provide our Clients with full turnkey solutions in Mozambique. Please email us at email@example.com or phone us at +65 6735 0120.
What are the costs related to provision of turnkey solutions in Mozambique?Our fees to provide consulting services and turnkey solutions in Mozambique is US$20,890. Our full turnkey solutions also include the provision of a corporate bank account in Mozambique.
How to register a business in Mozambique?For business registration, our Client will be required to i) reserve the company name ii) supply a lease agreement iii) sign the company setup forms iv) register for tax and social security and v) obtain required business license(s). Healy Consultants’ experts know perfectly how to register a company in Mozambique and will assist our Clients at every step.