Permit Information

• PERMIT_POSTED_BY: admin
• PERMIT_POSTED_ON: Nov 02, 2024
• Views : 173
• Category : Africa » Southern Africa » Malawi
• Description : The Business Residence Permit (Manufacturing) authorizes foreign nationals to reside in Malawi for the purpose of operating or managing a manufacturing business. Valid for five years and renewable, the permit requires a minimum investment of $50,000 from a legal external source. Applicants can include dependents in their application. Joombaah guides you through the comprehensive process, ensuring a smooth and compliant application journey.
• Phone : +265-1823777
• Website : https://epermit.gov.mw/Home/Index

Overview

• Introduction

  The Business Residence Permit (Manufacturing) is a specialized permit allowing foreign entrepreneurs to legally establish and operate manufacturing businesses in Malawi. With a five-year validity period, this permit facilitates long-term residency for business owners and their dependents. This article outlines the eligibility criteria, documentation, fees, and steps to apply for this essential business permit.

  Overview

  The Business Residence Permit is designed for self-employed individuals, partners, or proprietors seeking to set up manufacturing enterprises in Malawi. The permit not only grants the right to reside but also supports business operations in the country’s manufacturing sector.

  Key Points to Note

  • Purpose: The permit is strictly for manufacturing business activities.
  • Investment Requirement: Applicants must invest at least $50,000 from a legal source outside Malawi.
  • Dependents: Applicants can include their dependents in the permit application.
  • Renewability: The permit can be renewed for successive five-year terms.

  Eligibility and Requirements

  To qualify for the Business Residence Permit (Manufacturing), applicants must meet specific requirements and provide the following documents:

  • Copy of Passport: Showing the photograph and personal details.
  • Police Clearance: From the applicant's country of origin, proving no criminal record.
  • Company Profile and Structure: Details about the manufacturing business.
  • Bank Statement: Reflecting foreign direct investment of at least $50,000.
  • Covering Letter: From the applicant explaining the purpose of the permit.
  • Company Registration Certificates: Including the Certificate of Incorporation.
  • Medical Certificate: To prove the applicant's fitness.
  • MITC Certificate: Optional but recommended for business operations.

  Application Process and Fees

  1. Document Submission: Prepare and submit all required documents along with the application form.
  2. Processing Fee: Pay $100 at the FDH Bank Counter located in any Immigration office in Malawi immediately after submission.
  3. Approval and Prescribed Fee: If approved, pay the prescribed fee of $3,750 at the FDH Bank Counter.
  4. Final Approval: Upon arrival, report to the Immigration Office for inspection by an Immigration Officer. The permit approval may be revoked if eligibility requirements change.

  Important Information

  The Malawi e-Permit System conducts background checks to ensure compliance. Any false or fraudulent information may lead to legal consequences. Even after receiving an initial approval, final authorization is granted only after an inspection by an Immigration Officer.

  Renewal Process

  The Business Residence Permit is renewable for additional five-year periods. Ensure that all documentation is up-to-date and that the investment remains compliant with Malawian regulations.

  Conclusion

  Securing a Business Residence Permit (Manufacturing) in Malawi opens up significant opportunities for entrepreneurs in the manufacturing sector. Ensure that all required documentation is accurate and up-to-date to facilitate a smooth application process. Joombaah is here to help you navigate the complexities and ensure compliance with all regulations.