Botswana

Ease of Doing Business in

Botswana

This page summarizes Doing Business 2014 data for Botswana. The first table lists the overall "Ease of Doing Business" rank (out of 189 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Sub-Saharan Africa
Income Category Upper middle income
Population 2,003,910
GNI Per Capita (US$) 7,720
City covered Gaborone
Doing Business 2014 Rank Doing Business 2013 Rank*** Change in Rank
56 65 down 9

Doing Business 2014 DTF** (% points) Doing Business 2013 DTF** (% points) Change in DTF** (% points)
67.21 66.44 down 0.77
Positive=Doing Business reform making it easier to do business. Negative=Doing Business reform making it more difficult to do business.
 

Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2014 Rank 96 DB 2013 Rank*** 95 Change in Rank down-1
DB 2014 DTF** (% points) 72.58 DB 2013 DTF** (% points) 72.59 Change in DTF** (% points) down-0.01

Information on new business density and number of newly created firms with limited liability can be found at Entrepreneurship Database.

Indicator Botswana Sub-Saharan Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
9 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
60.0 29.7 11.1

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
1.2 67.4 3.6

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology
Paid-in Min. Capital (% of income per capita)
0.0 125.7 10.4
No. Procedure Time to Complete Associated Costs
1 Reserve a unique company name 3 days BWP 20
2 Sign the declaration of compliance of statutory requirements for incorporation before a commissioner for oaths 1 day BWP 75
3 Register the company at the Registrar of Companies, Ministry of Trade and Industry 2-3 weeks BWP 300 for the application to register a company and BWP 60 for the certificate of incorporation
4 Advertise the intention of applying for a license in the official gazette 3 weeks BWP 80
* 5 Receive inspection of company premises 2 days (simultaneous with previous procedure) no charge
* 6 Obtain an industrial license from the Industrial Affairs Department, Ministry of Trade and Industry; or obtain a trade license from the Gaborone City Council 3 weeks (simultaneous with previous procedure) BWP 50 for industrial license if applied by self; BWP 1,500 by agent; BWP 100 for trade license if applied by self, BWP 2,000 by an agent
7 Obtain Tax Identification Number (TIN) from the Botswana United Revenue Services 7 days no charge by self, BWP 1,500 by agent
8 Register for VAT at the Department of Customs & Excise 7 days no charge by self, BWP 1,500 by agent
9 Register employees for workplace injury insurance 1 day no charge
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the topics including Getting Electricity across all economies included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

***Last year's rankings are adjusted: they are based on 10 topics and reflect data corrections.

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