Top 5 Mistakes Startups Make When Registering Their Business in Botswana

Top 5 Mistakes Startups Make When Registering Their Business in Botswana

By Carlingtonsnr October 08, 2025

Starting a company is exciting — but many entrepreneurs rush through the registration process and make costly mistakes. Here are the top five pitfalls you should avoid when formalizing your business.

1.Choosing the Wrong Company Type
Some founders register as business names when they should form a private limited company (Pty Ltd). The wrong structure limits growth and access to funding.

2. Skipping the Company Constitution
Your constitution defines how your business operates — without it, you risk internal conflicts or compliance issues later.

3. Ignoring Tax and BURS Requirements
After registration, you must apply for a TIN (Tax Identification Number) and file annual returns. Missing these steps can lead to penalties.

4. Not Getting a Business Account Early
A separate bank account builds credibility and simplifies finances. Our team assists with account opening as part of our Standard Package.

5. DIY Without Expert Guidance
While online registration is possible, a professional consultant ensures your paperwork is complete, compliant, and approved faster.

Avoid the stress and mistakes — let Company Registration BW handle the paperwork while you focus on your dream.