How to Register a Company Name Online in Botswana
What is Register a Company ?
Registering a company means taking the steps necessary to form an entity for your business in a state and obtain the permits and licenses needed to operate.
How to Register a Company Name Online in Botswana
CIPA is the first point of duty for anyone who wants to commence a business in Botswana. The parastatal ensures the registration of business names and companies for individuals, groups, or corporations corresponding with the Companies Act and the Registration of Business Names Act.
Frequently Asked Questions
How much is to register a company in Botswana?
Fees
| Different Botswana entity types | Cost | Draft Invoice |
|---|---|---|
| LLC | US$23,455 | View invoice PDF |
| PLC | US$13,505 | View invoice PDF |
| Branch | US$15,600 | View invoice PDF |
| Representative office | US$9,850 | View invoice PDF |
How do I register my online business name?
The three ways a business may register a name are:
- Form a business entity, such as a corporation or limited liability company (LLC).
- Register the business name as an assumed name or DBA (“doing business as”).
- Register the business name as a federal trademark.
Can I register a company at FNB?
To help our entrepreneurs with the registration process, your CIPC registration can be initiated on FNB’s website within minutes. There’s no additional cost from the Bank.
How long does it take to register a company in Botswana?
This should take about 7 days. Procure an Industrial Licence from the Industrial Affairs Department or a trade licence from the City Council. Open a corporate bank account for the company. Obtain a Tax Identification Number (TIN) from the Botswana Revenue Service, and fill a taxpayer registration form.
Where do I register my business name?
Register your business name in the Department of Trade and Industry (DTI) 1.
Where should I register my small business?
Register your business with the Bureau of Internal Revenue (BIR)
Where do small businesses register?
Registration of MSMEs can be done online through the Electronic Business Registration Form (eBRF)* or in office at the COJ. To register in office, the business owner should complete a business registration form (BRF1).
What is the best time to register a company?
In general, the earlier you file, the faster you’ll get your incorporation paperwork processed—so you can start doing business. If you wait until January to file, it might take longer for the Secretary of State to process the paperwork, and you may not get the effective date you want.
What to do after registering a company?
Five steps to take after registering a company
- Register for VAT.
- Get a business bank account.
- Keep your bookkeeping up to date.
- Know what tax requirements you need to follow.
- Get your business online.
Does it matter where my company is registered?
A registered office address in a prestigious location can extend your consumer base and potential investors. Your company is more likely to exude a credible and established image with a professional non-residential registered office address.