Malawi, a landlocked country in Southeast Africa, is bordered by Zambia to the northwest, Tanzania to the northeast, Lake Malawi to the east, and Mozambique to the east, south, and west. Malawi gained independence in 1964 and has a multiparty, democratic government. It is divided into 28 districts, with Lilongwe as the capital. The official languages of Malawi are English and Chichewa, and the currency is the kwacha (MWK).
Malawi ranks among the world's most densely populated countries. The economy is predominately agricultural, with about 80% of the population living in rural areas. Agriculture accounts for more than one-third of gross domestic product (GDP) and 90% of export revenues. The performance of the tobacco sector is the key to short-term growth, as tobacco accounts for more than half of exports.
PwC Malawi supports clients with the local knowledge and skills of its people and with access to a broad range of other professionals across the PwC global network of firms. Our advice covers all aspects of Southern African direct taxes, indirect taxes, and exchange control regulations. Our experienced team of advisers can assist with managing tax risk and controlling and minimising tax burden by providing innovative and practical tax and business solutions in the areas of corporate, international, and indirect taxes, as well as human resource services.