How To Register A Business Name Botswana

Reserving a company name.

How to register a business name botswana. Effect of re registration 8. Register your business name. Before setting up your company in botswana you need to reserve your business name for which you would require the following documents. One is reserving your business name and the second is company registration. Your national id for local citizens or passport for foreign citizens form 1 for the company name.

An application form must be completed by every company wishing to be a member of business botswana. Identified your business structure. Consequences of non re registration 6. Act 26 2018 act 13 2019 s i. A every firm having a place of business in botswana and carrying on business under a business name which does not consist of the surnames of all individuals who are partners and the corporate names of all bodies corporate which are partners without any addition other than the forenames of individual partners or the initials of such forenames.

Restoration to register of business names 7. Before you register make sure you have. The act is still on notice. The act is meant to ensure an effective way of doing business by enabling already registered businesses and companies to re register business names online. Company formation in botswana involves 2 procedures to be followed.

Legal rsm botswana professional services proprietary limited rsm botswana professional services proprietary limited is a member of the rsm network and trades as rsm botswana. There are two steps to incorporate a company and register a business. Registration carries a fee of p360. Payment of reservation fee of p20 00 p pula. Search for names can be done online at the database of the ministry of trade and industry.

Rsm is the trading name used by the members of the rsm network. Membership of business botswana is voluntary and is open to registered companies associations organizations in both the private and parastatal sectors of the economy. An act to provide for the re registration of existing business names under the registration of business names act. Each member of the rsm network is an independent accounting and advisory firm each of which practices in its own right. A company in botswana is registered by the registrar of companies and intellectual property rocip.