Botswana, formally the Republic of Botswana, is a landlocked country situated in Southern Africa. Botswana is committed to sound fiscal policy, economic freedom and has a stable and a dramatic growth rate. Botswana doesn’t have foreign exchange controls or restrictions on capital outflows from financial institutions, thereby facilitating investor activity. Botswana has implemented practices in its legal code for over 40 years to guarantee investor protection, enabling for a competitive and accessible investor market. The nation is a signatory to the World Bank’s Multilateral Investment Guarantee Agency (MIGA) and other agreements that assure maximum security for investors.
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|Type||Limited Liability Company/Branch office|
|Under Botswana law, foreigners can own||100%|
|Memorandum and Articles of|
|Can the entity hire expatriate staff in|
|Tax Registration Certificate required||Yes|
|Statutory audit required||Yes|
|How long to open Corporate Bank Account||1 week|
|Timeframe to Incorporation||3-4 weeks|
|Access to Uganda|
double tax treaties