Botswana for companies

[Anthony Stonefield]

Botswana Tax Rates are fuzzy to me; http://www.taxrates.cc/html/botswana-tax-rates.html Best configuration looks like:

 

Corporate Tax Incentives - Specific Tax Benefits Applicable to Botswana International Financial Services Centre (IFSC) Companies

- A special corporate tax rate of 15% (includes 10% Additional Company Tax - ACT) guaranteed until June 2020
- Exemption from withholding taxes on interest, dividends, commercial royalties & management or consultancy fees in Botswana
- Unilateral credits for withholding taxes levied in other jurisdictions (up to 15%)
- Access to Botswana's Double Taxation Treaty Network
- Exemption from Capital Gains Tax (CGT)
- Collective Investment Undertakings (CIU's) are tax exempt. This applies to unit trusts and other collective investment structures.
- IFSC companies are exempt from Botswana Value Added Tax (VAT)

 

And the incorporation process looks laborious – 96 days http://www.doingbusiness.org/data/exploreeconomies/botswana/starting-a-business

Bottom line: doesn't look like a easy option.

~Ant

[Omar Gadsby]

Many thanks Ant!

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