Procurement Regulatory Authority of Zimbabwe (PRAZ) Registration.

The government is probably the biggest consumer of goods and services in Zimbabwe. This translates into millions of dollars if not billions of dollars worth of transactions every year.

This presents a very good opportunity for a business that wants to grow.

However, in order to be able able to do business with the government, its departments, ministries, parastatals, or government-affiliated Non-Governmental Organisations (NGOs), you need to be registered with the Procurement Regulatory Authority of Zimbabwe (PRAZ).

We offer a professional service for clients who wish to register with PRAZ, including the preparation and filing of all the required forms and all other paperwork necessary to get your company registered.

What’s included in our price?

Minutes: Companies are required by the Companies and Other Business Entities act [Chapter 24:31] to maintain minutes of all meetings of the directors, and for these to be available for inspection by any director. The director(s) should pass minutes to agree on registering with PRAZ.
Application letter: Companies are required by PRAZ to include an application letter when registering.
Preparation and filing of the requirements.
PRAZ registration fees.
PRAZ registration certificate.

Frequently Asked Questions

What is PRAZ?

The Procurement Regulatory Authority of Zimbabwe (PRAZ) controls and regulates the procurement processes of the Zimbabwean government departments, ministries, and parastatals. It was created to supervise public procurement procedures to ensure transparency, fairness, honesty, cost-effectiveness, and competition.

Should I register with PRAZ?

Yes, you should especially if you want to do business with government departments, ministries, parastatals or other government-affiliated NGOs. Without registering with PRAZ you can not do business with the government.

When will my documents be ready?

PRAZ Registration usually takes 2-5 working days depending on the workload at the Procurement Regulatory Authority of Zimbabwe department.

How much does it cost to register with PRAZ?

Registering with PRAZ costs US$150.00 including the preparation of the necessary documentation and submission.

What are the requirements to register with the Procurement Regulatory Authority of Zimbabwe?

You need to provide the following:

Certificate of incorporation
CR 5 (former CR 6) – list of company addresses
CR 6 (former CR 15) list of company directors and secretaries
Memorandum and articles of association
Company profile
Contact details (phone number and email address)

Can a Private Business Corporation register with PRAZ?

Yes a Private Limited Corporation can register with the Procurement Regulation Authority of Zimbabwe. They just need to provide their company registration documents i.e. Certificate of Incorporation, Statement of Incorporation. company profile and contact details.

What is a PRAZ registration certificate?

A PRAZ registration certificate is issued when you register with PRAZ. It shows the category you are registered in, the name of your company, the expiring date, the verification code, and a bar code which can be used to verify if the PRAZ certificate is authentic.

Is PRAZ Registration Renewable?

Yes, it is renewable every year. PRAZ registration is only valid up to 31 December and you should renew it for you to be able to continue doing business with the government.

How do I renew PRAZ?

Do you offer this service to clients who did not register a company with you?

Yes, we offer our PRAZ registration service to clients who did not register a company with Company Formations. In fact, we offer all of our services to anyone.

What else do I need to be able to do business with the government or any of its departments or parastatals?

You will need to be registered with the Ministry of Finance so you can be issued a vendor number. This is the reference number the government will use to pay you.

How it works?

You place an order by talking to our consultants by calling, texting or WhatsApp at +263 71 929 2459.
You make payment and receive your invoice.
We will prepare the necessary documents and register with PRAZ and you should be registered within 2-5 working days
You will receive a notification that you are now registered and the documents will be ready for collection.