What is business rescue?
Business rescue is a legal process designed to help financially distressed companies restructure their affairs, assets, and liabilities to avoid liquidation and continue operating on a sound basis.
How do I know if my business qualifies for rescue?
If your business is unable to pay its debts as they fall due or is likely to become insolvent, it may be eligible for business rescue under Zimbabwean law. RPBS can assess your situation and provide expert guidance.
What’s the difference between business rescue and liquidation?
Business rescue aims to help a company recover and continue operations, while liquidation is the process of closing the company and selling its assets to pay creditors. RPBS helps assess which path is best for your situation.
Can RPBS negotiate with ZIMRA and other creditors on our behalf?
Yes. RPBS engages directly with ZIMRA, NSSA, banks, and suppliers to restructure your debts, negotiate settlements, and protect your company’s assets from enforcement actions.
Is the business rescue process confidential?
Yes. RPBS handles all business rescue and restructuring matters with strict confidentiality to protect your company’s reputation, relationships, and competitive position.
What happens if business rescue fails?
If business rescue is no longer viable, RPBS supports a smooth transition into voluntary liquidation. We ensure compliance with legal frameworks and help protect directors from unnecessary risk.
