How to Get a Trading License in Botswana

How to Get a Trading License in Botswana

What is a Trading License?

Business licenses are permits issued by government agencies that allow individuals or companies to conduct business within the government’s geographical jurisdiction. It is the authorization to start a business issued by the local government. 

How to Get a Trading License in Botswana

Trading Licence Application Form. You are here. Home ›; Information Centre ›; Documents. File Attachment: PDF icon Trading Licence Application Form.pdf.

Frequently Asked Questions

What is the trade license Act Botswana?

Act 5, 2004, S.I. 21, 2008. An Act to simplify trade licensing procedures; to empower a licensing committee in a council to issue trade licences within the council area; to provide for comprehensive regulation of trade and formatters incidental thereto. This Act may be cited as the Trade Act.

How can I make trade Licence?

Step 3: Documents required for obtaining a trade license

  1. Copy of National ID card (NID) of the entrepreneur.
  2. Three (3) Passport size Photograph.
  3. Copy of Passport (in case of Foreigner)
  4. Necessary Information to fill up the Form.
  5. Holding Tax payment receipt.
  6. Recent receipt (papers) or ownership proof.

What is the difference between trade license and commercial license?

It is the most basic trade license available and covers a variety of available and tangible commodities such as general trading, clothes, real estate, hardware, construction, etc. A Commercial License is used for companies who wish to have more than ten business activities under their acquired trade license.

What is the purpose of a trading licence?

A trade license is a document/certificate that gives permission to the applicant (person seeking to open a business) to commence a particular trade or business in a particular area/location.

How long does trading license take?

If all required documents are submitted with the application, it should take four to six weeks to process.

How much does a licence cost?

 The booking fee costs from R220 to R300, depending on the Driving Licence Testing Centre (DLTC). After passing your test, the fee to be issued with your driver’s licence card is approximately R250, depending on the DLTC. 4.

What is a B2B license?

What is B2B Content Licensing? B2B content licensing is the leasing of or renting of a specific piece of existing content – guide, research study, book, etc. — for a specific period of time.

Is trade license and trademark registration same?

Assignment of a trademark is a transfer in the ownership of the trademark registration. Whereas in licensing, the ownership and proprietary rights of the trademark continue to remain with the original owner, but only a few restricted rights to use the brand are given to the third party.

Is trade license and professional license same?

Commercial License – issued to a company engaged in any kind of trading activity. Industrial License – issued to a company engaged in any kind of manufacturing or industrial activity. Professional License – issued to service providers, artisans, professional and craftsmen.

Do forex traders need a license?

Many startups and entrepreneurs are drawn to the Forex industry and in particular, show interest in opening an online Forex brokerage, which, in most locations, requires a Forex Broker License or securities dealers license. The opportunities for business in the Forex market are vast.

How much is a casual trading licence?

Applying for a casual trading licence

Application fee of €63 must accompany the attached application form. This is non refundable in the event of the application being refused.