If this jurisdiction has been on your mind, here are all the types of legal entities that can be incorporated in Botswana. It is important to note that the export tax rate is 0.

Limited Liability Companies are known worldwide; in Botswana this is the most common type of business entity for foreign entrepreneurs. This type of entity must appoint a director who must be a resident of the jurisdiction, whereas, the shareholder can be of any nationality and doesn’t need to be resident in Botswana.

LLCs do not require a minimum paid-up capital. The limited liability company must have a registered office in Botswana and file audited financial statements within five months after the end of the year, therefore, a qualified company secretary must be appointed.

Another legal entity option available is the Botswana Public Limited Company or PLC, in this entity you must appoint at least two directors and seven shareholders of any nationality, who must be natural persons for the incorporation to be complete.

One of the directors must be a resident of Botswana, if required, Foster Swiss will provide these services to our client.

Incorporate an offshore company in Botswana

Incorporating an offshore company in this jurisdiction requires:
1. The establishment of a company in Botswana.
2. Applying for a certificate from the International Financial Services Centre Authority.
3. Only one shareholder of any nationality and one resident director are required.

An offshore entity in Botswana can conduct limited operations, including asset management, call centers, banking and insurance activities. The incentives guaranteed by this jurisdiction are a 15% tax rate, no VAT, no capital gains tax and no withholding tax.

If you wish to register a company in Botswana, Foster Swiss can advise you. We help you with practically everything: we provide advice from the moment you choose a corporate structure for your company up to one year after incorporation. And of course we take care of the whole process for you.

For more information on this topic or any other request related to our services, you can contact us directly at info@fosterswiss.com