How To Register A Business Name Botswana

Company formation in botswana involves 2 procedures to be followed.

How to register a business name botswana. All businesses in botswana need to be registered with the registrar of companies and intellectual property rocip. Form rbn 1a for business name. Register your business name. Reservation of company business name and submission of incorporation documents as described below. Restoration to register of business names 7.

A company in botswana is registered by the registrar of companies and intellectual property rocip. Apply to the companies and intellectual property authority cipa proposing 3 prospective company names. An australian business number abn or ready to apply for one. Membership of business botswana is voluntary and is open to registered companies associations organizations in both the private and parastatal sectors of the economy. On the 12 th april 2018 the national assembly passed the registration of business names re registration act no 26 of 2018 the act.

Registration carries a fee of p360. An application form must be completed by every company wishing to be a member of business botswana. Effect of re registration 8. Consequences of non re registration 6. Reserving a company name.

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. And for matters incidental thereto. An act to provide for the re registration of existing business names under the registration of business names act. Registration is filed along with the name reservation certificate. Your national id for local citizens or passport for foreign citizens form 1 for the company name.

The process is as follows. Each member of the rsm network is an independent accounting and advisory firm each of which practices in its own right. 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. The forms you need to submit will depend on the type of company you are registering. Act 26 2018 act 13 2019 s i.