About the product
We do formations and keep registered companies to allow clients the flexibility to choose from a list of registered companies (shelf companies). Company formation in Botswana involves 2 procedures to be followed: reserving your business name, and company registration.
Botswana has eight functional commercial banks. Each bank has got a list of requirements for opening a bank account
Taxation in Botswana - Every business in Botswana needs to be enrolled for taxation process and acquire a Tax Identification Number (TIN) from the Botswana Revenue Service. Then, the company needs to register for Value Added Tax (VAT) with the Department of Customs and Excise. The entire registration can take up to 7 days.
Up to five types of taxes may require registration:
Most business requires a license to operate. The local authority – City or Town Council, issues licenses after inspection of the business premises, verifying its suitability and health conditions specific to the company activity. The next step in your business in Botswana would be getting a license from the Industrial Affairs Department, Ministry of Trade and Industry or the city council. Acquiring a license would take you 3 weeks but this is done in parallel with the inspection of company premises by the relevant authorities, which takes 6-7 days. We assist in applications of all licensing documentation on behalf of our clients, through representation and providing guidance to the client on all issues required to fulfill council regulations by prospective applicants.
Botswana has eight functional commercial banks. Each bank has got a list of requirements for opening a bank account
Taxation in Botswana - Every business in Botswana needs to be enrolled for taxation process and acquire a Tax Identification Number (TIN) from the Botswana Revenue Service. Then, the company needs to register for Value Added Tax (VAT) with the Department of Customs and Excise. The entire registration can take up to 7 days.
Up to five types of taxes may require registration:
Most business requires a license to operate. The local authority – City or Town Council, issues licenses after inspection of the business premises, verifying its suitability and health conditions specific to the company activity. The next step in your business in Botswana would be getting a license from the Industrial Affairs Department, Ministry of Trade and Industry or the city council. Acquiring a license would take you 3 weeks but this is done in parallel with the inspection of company premises by the relevant authorities, which takes 6-7 days. We assist in applications of all licensing documentation on behalf of our clients, through representation and providing guidance to the client on all issues required to fulfill council regulations by prospective applicants.
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