• Company Documents
• Account Number & branch (Bank Details)
• Certified Omang / Passport copies
• List of assets

VAT
Value Added Tax (VAT) was introduced in Botswana with effect from 1 July 2002. VAT is an indirect tax levied on the supply of goods and services consumed within Botswana. It is called a consumption tax as the amount you pay is directly related to purchases you make. It is not a business expense because it is borne by the consumer.

Any person making taxable supplies with a value of more than P250,000.00 per annum must register for VAT purposes.

As of the 1 April 2010, VAT will be charged at 12%.

INCOME TAX
Income Tax is a direct tax that is levied on persons income and gains for each tax year. Persons may include, but are not limited to; companies, individuals, Trust, Partnership, Pension Administrators and other Judicial persons. It is administered under Income Tax Act (ITA) Cap 52:01. It is source based, this means that tax is levied on income generated or deemed to be generated in Botswana. Second schedule of Income Tax Act exempts certain persons and income from tax.

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