Kay Kay Assorted Business Services (Pty) Ltd - Francistown, Botswana

ABOUT US
Kay Kay Assorted Business Services is a Business Consultancy company registered in 2005 and started operations in 2008. The company has been operating for the past 11 years todate. The company is based in Francistow with branches in Gaborone and Maun. From 1st June, 2019 the government has introduced online registration of companies. Therefore all existing companies need to be re-registered. Registration has become fast and easier, with a timeline of 48 hours to have a registered company.

OUR SERVICES
1. Incorporation of local companies
2. Incorporation of External companies
3. Company Secretaries
4. Corporate Bank Account Opening
5. Tax and VAT Registrations
6. Business advisory
7. Office Rental solutions
8. Company Annual Returns
9. Financial Statements  

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and Tax Consultancy
10. Management Accounts
11. Estate Agents/Property advisors
12. Applications for Licences - Tourism Licence
Manufacturing Licence
Micro-Lending Licence
Bureau De Change Licence
Bank Licences
Mining Licence
Insurance company licence
Trading Licences




BENEFITS OF DOING BUSINESS IN BOTSWANA
. Botswana is one of the top performing economies in Africa.
. It has minimal foreign exchange control
. Safety and security: Botswana is one of the most secure and safe countries in Africa
and compares well worldwide for low crime rates and the rule of law.
. Botswana has low levels of inflation
. It borders South Africa which is a channel to do business with the rest of Southern
Africa.
. Botswana is a politically stable country and is a peaceful country which attracts
Investors to come to Botswana to do business peacefully in Botswana
. Botswana Innovation Hub, power generation, transnational transport corridor network,
tourism sector and consulting / professional services sector offer good opportunities to
invest in Botswana.
. Information and communication technology (ICT): Botswana has experienced rapid growth
in its ICT sector, driven by public and private sector investments amounting to billions
of Pula. Botswana continues to experience a positive upward development of the ICT
sector, driven by strong research and development initiatives that position Botswana
towards becoming a knowledge driven economy by 2036.

BASIC REQUIREMENTS FOR INCORPORATING A COMPANY IN BOTSWANA

1. RESERVATION OF COMPANY OR BUSINESS NAME
You are required to provide 3 possible names for the company. The expected turnaround time is five (5) days.

2. DIRECTORS
Minimum directors required is 1. The director, however, can be of any nationality and doesn’t need to be a resident of Botswana. Furthermore, directors must be above 18 years. Foreigners are free to be the sole directors and shareholders of a company in Botswana.
Directors’ to provide Residential address – plot number, location, ward, village or town; and Full postal address, email addresss, and contact numbers. Also to provide certified copies of their passports.If a representative is applying on behalf of the applicant, a letter authorizing the representative should be submitted.Incorporation of company takes five (5) working days.

3. COMPANY SECRETARY
The appointment of a Company secretary is a necessity as the secretary is responsible for maintaining statutory records and books of the company. Every private and public company should have a secretary who is resident in Botswana. A secretary should be qualified and should give consent to act as secretary. Subject to the constitution the board may appoint or remove a secretary.

4 . OPENING A BUSINESS BANK ACCOUNT
Companies are required to open business account in one of the local commercial; Banc ABC, Bank Gaborone, Bank of Baroda, Barclays Bank, Capital Bank, First National Bank, Stanbic Bank and Standard Chartered Bank.

6. TAX REGISTRATION
Botswana Unified Revenue Services (BURS), is responsible for registration of tax payments. BURS offices are countrywide. Up to five types of taxes may require registration:
• Company Tax
• Pay As You Earn (PAYE)
• Capital Transfer Tax
• Value Added Tax (VAT)
• Withholding taxes (in relation to dividends, management fees, etc.).

WORK AND RESIDENCE PERMIT APPLICATIONS

REQUIREMENTS FOR DIRECTOR PERMITS
. Certified copy of a data page of a valid passport
. Copy of birth certificate certified by issuing office
. Three recent passport-size (30 x 40mm) photographs clearly and correctly depicting an
applicant’s features (photographs to be taken at the time the application is made)
. List of employees and their contact details. Attach certified copies of national
identity documents (Identity Card) for citizens and certified copies of work and
residence permits for non-citizens
. Copies of supporting documents from professional/regulatory bodies certified by issuing
office
. Copy of certificate of incorporation certified by the issuing authority
. Copy of share certificate for all directors certified by issuing office
. Company documents
. Copies of current bank statements (last three months) certified by issuing office
. Copy of proof of investment certified by issuing office
. Company profile
. Copy of trading licence of an existing company in case of variation certified by
issuing office
. List of company assets valued by authorized valuers (attach certified copies of
registration books for vehicles)
. Certified copy of lease agreement/proof of place of operation

Notes: Applicable fees are amended from time to time. An incomplete application not meeting the above requirements will not be accepted. Photographs should have a white background. Renewal applications should be submitted at least three months before the date of expiration

REQUIREMENTS FOR WORK AND RESIDENCE PERMIT APPLICATIONS FOR EMPLOYEE
. Certified copy of a data page of a valid passport
. Copy of birth certificate certified by issuing office
. Copies of relevant educational certificates certified by issuing office (all
certificates should be translated into English and authorised by the issuing authority)
. Copies of supporting documents from relevant professional and/or regulatory bodies
certified by issuing office
. Curriculum Vitae/Résumé
. Three recent passport-size (30 x 40mm) photographs clearly and correctly depicting an
applicant’s features (photographs to be taken at the time the application is made)
. Proof of advertisement (qualifications, experience, employer’s address and telephone
number and closing date must be clearly indicated; the advertisement should have
circulated for 14 days)
. Appointment letter/contract letter inclusive of physical address and contact numbers of
an employer (for farm workers, herd boys/girls: proof of ownership of livestock,
branding certificate and copy of Identity Card of employer)
. Letter of application for work
. Physical address/location of the company

Notes: Applicable fees are amended from time to time. An incomplete application not meeting the above requirements will not be accepted. Photographs should have a white background. Renewal applications should be submitted at least three months before the date of expiration.