Botswana
A Safe and Reliable Trading Place
Botswana is considered one of the most stable democracies in Africa and the government promotes trade to and from Botswana.
Botswana is located in the heart of southern Africa and thus offers very good access to the region’s markets.
On the African continent and worldwide, Botswana is known as an attractive trading and economic partner.
Botswana has a zero tolerance policy towards corruption, a sound legal system and adheres to the rule of law.
Botswana continuously invests in new and improved core infrastructure such as energy supplies, fiber optic networks, transport and international financial services.
With the BITC, a state investment and trade agency, Botswana offers foreign companies comprehensive information and services when entering the market.
Incentives for Your Trading Activities
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No exchange controls – remittance and full repatriation of profits and dividends. |
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10 years negotiable tax exemption up to the maximum amount. |
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No restrictions on company ownership. |
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Duty rebates on imported raw materials and import of machinery. |
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Special tax incentives for business activities in Special Economic Zones (SEZ) and IFSC (International Finance Service Centre) accredited companies. |
Export Development and Promotion by BITC
The pursuit of export-led growth is a priority objective of the Government of Botswana’s transformational agenda. Increasing the level of exports and diversifying the composition of exports is of crucial importance in sustainable future growth. Historically, Botswana’s economic growth has been export-led, spurred mostly by diamond exports. In recognition of the challenges presented by over-reliance on one commodity, the government is continuously pursuing policies and programs to spur export diversification and achievement of higher income status.
BITC’s Export Development and Promotion mandate aims to promote the growth of non-diamond goods and services to ensure sustained GDP growth, balance of payments stability and employment creation. To this end, BITC offers several export support programs targeted at assisting the private sector with local and international market access. Specifically, BITC’s export services include:
- Export readiness capacity building.
- Export advisory services and tailor-made company support.
- Organizing inward and outward trade missions targeting potential buyers.
- Organizing and participating in buyer seller meetings.
- Assisting companies to comply with export market requirements such as mandatory and voluntary standards.
- Dissemination of trade and market information.
- Generation of trade leads.
- Export product development and adaptation support.
- Hosting of Global Expo Botswana, an annual premium business to business Expo hosted by BITC annually.
Source: BITC
