Starting a business in Botswana

Legal Forms of Companies

Limited Liability Company (LLC)

Number of partners: One director (Botswana resident) and one shareholder (any nationality) minimum
Capital (max/min): No minimum capital requirement
Shareholders and liability: The liability of the owner is limited to the initial investment.

Public Limited Company (PLC)

Number of partners: Two directors and seven shareholders minimum
Capital (max/min): No minimum capital requirement
Shareholders and liability: The liability of the owners is limited to their shares.

Offshore Company (IFSC Company)

Number of partners: One resident director and one shareholder minimum
Capital (max/min): No minimum capital requirement
Shareholders and liability: The liability of the owners is limited to their shares.

Branch office

Number of partners: One director and one shareholder minimum
Capital (max/min): No minimum capital requirement
Shareholders and liability: Unlimited liability

Business Setup Procedures

Source: Doing Business - Latest available data.