Business Reforms in Botswana

Positive= Doing Business reform making it easier to do business. Negative= Doing Business reform making it more difficult to do business.

DB2013:

Negative Paying Taxes:

Botswana made paying taxes more costly for companies by increasing the profit tax rate.


Positive Trading Across Borders:

In Botswana exporting and importing became faster thanks to the introduction of a scanner by the country’s customs authority and an upgrade of South Africa’s customs declaration system, both at the Kopfontein–Tlokweng border post.


DB2010:

Positive Starting a Business:

Botswana eased business start-up with more efficient tax registration and obtaining of business license.


Negative Registering Property:

Botswana made it more difficult to register property with the addition of a procedure where the tax agency must be notified of the VAT payment.


Positive Enforcing Contracts:

The introduction of case management and improved use of information technology has contributed to more efficient resolution of commercial disputes in Botswana.


DB2009:

Positive Starting a Business:

Computerization of the registry resulted in more efficiency and substantial time reduction.


Positive Protecting Investors:

Botswana strengthened investor protections by requiring that related-party transactions be approved by the shareholders meeting, and by allowing shareholders to sue directors and obtain the payment of damages if successful.


Negative Paying Taxes:

Training levy of 0.2% introduced effective January 1, 2008.


Positive Trading Across Borders:

Botswana sped up customs clearance on its border with South Africa and trained its customs officers in the use of the EDI system, resulting in quicker processing of trade documents.


DB2008:

Negative Resolving Insolvency:

Botswana amended its Employment Act to increase the priority ranking of employee benefits to preferred status. Botswana also amended the Insolvency Act to criminalize false statements by the insolvent company which may affect a prospective buyer’s decision whether or not to purchase the company as a going concern.


Reform Summaries


Close