Did you know that Zambia has a stock exchange? Did you know that several incentives have been put in place to promote rapid development of the capital market in Zambia. These include the following:
- No exchange controls
- No restrictions on shareholding levels
- No restrictions on foreign ownership
- No capital gains tax
- Corporate income tax reduced by 2% for one year for initial listing and a further 5% over and above the 2% reduction for listings offering at least 33% shares to Zambian public.
- No property transfer tax on listed sec
Check out our cheat sheet on how to invest on the Lusaka Stock Exchange (LuSE)?