A total of 204,798 establishments were found to be operational, of which the majority (76.1%) were
informal. A formal establishment is one that is registered by the Registrar of Companies and Registrar of
Cooperatives, ZIMRA and NSSA (provided they keep records.)
Overall, the largest proportion of establishments (87.9%), were micro. Criteria for categorization was as given in the Micro, Small and Medium Enterprises Act.

All 2,031 large establishments (100%) were formal, while the majority of micro, small and medium establishments were informal. 18.9 % of the 180,073 micro establishments were formal