Investing in Botswana is highly regarded as a successful undertaking because it guarantees returns for any investor who has ever conducted business in the country. Botswana is a firm leader in African business and is widely considered a global benchmark in economic progress. The country is warm to foreign investors who have continued to find it easy to start business in Botswana.
The business environment in Botswana is conducive. Investors enjoy a negotiable tax holiday that spans 5 to 10 years. All raw materials imported to Botswana for purposes of manufacturing goods for export don’t attract any sort of custom duty. The government gives 200% worth of rebate for human capital training. To ensure minimal overhead costs for companies, all machinery imported for export production is exempt from import tax while all foreign businesses in Botswana enjoy total repatriation of both dividends and profits.
There are thousands of attractive reasons that make Botswana a darling for all categories of investors. Regardless of the sector you want to get into and the approach you want to take, whether acquiring or buying a business in Botswana, the country remains one of the best destinations to do business in Africa.