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AfricaSouthern AfricaZW

Zimbabwe

AI Agent Legal Status: undefined · Autonomy: none

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2Score /10

Legal Framework

Zimbabwe has a Cyber and Data Protection Act (2021) and has expressed interest in technology-driven economic growth. No AI-specific regulation exists. Economic instability and currency challenges dominate the business environment.

Key Laws & Regulations

  • Companies and Other Business Entities Act
  • Cyber and Data Protection Act 2021
  • Investment and Development Agency Act

Business Formation

Private company (Pvt Ltd), public company, and external company available. Registration through the Companies and Deeds Registry.

Tax Implications

Corporate tax rate of 24.72% (including AIDS levy). Multi-currency system with ongoing currency instability. VAT at 15%.

Opportunities

Educated English-speaking workforce and pent-up demand for digital financial services could benefit from AI solutions if economic stability improves.

Highlights

Highly educated population and adoption of the Cyber and Data Protection Act show regulatory awareness of digital issues.

Risks & Challenges

Severe macroeconomic instability, currency challenges, hyperinflation risk, and international sanctions create major operational risks.