IMPROVING THE EASE OF DOING BUSINESS IN BOTSWANA- CIPA TO LAUNCH ONLINE BUSINESS REGISTRATION SYSTEM (OBRS)
29 Jan, 2019
Companies and Intellectual Property Authority (CIPA) in collaboration with Business Botswana held a 2 day stakeholder engagement on the Online Business Registration System (OBRS) from Janaury 28th - 29th 2019 at Travel Lodge. which will be launched in June 2019.
Welcome participants at the workshop, Compliance and Enforcement Manager, Mr Washington Phale informed participants that the OBRS will be launched in June 2019. and further said “As a country, we need to provide efficient and timely services in order to improve our rankings in the ease of doing business. In competing with the rest of the world, we are bound to reduce the red tapes and bureaucratic requirements which disrupts the convenience of investors to do business in Botswana. And so CIPA plays its part on the ease of doing business by making it easy to register and own a business. The OBRS will assist in this regard as it collapses three current processes of registering a company into a single process which enables a company to be registered in a day.”
As at June, a transition period of 12 months will be effected to allow all companies and businesses to re-register. And during this process, businesses will be exempt from filling and paying tax returns for the year. Through the system, businesses will have a Unique Identification Number which will be integrated with other stakeholders such as the Botswana Unified Revenue Services (BURS), PPADB, Banks and eventually utility corporations.
CIPA is currently conduction countrywide road shows to educate and sensitize businesses about the anticipated system.
Business Botswana Director-Policy Advocacy, Mr. Dichaba Molobe applauded CIPA for the initiave and emphasized the need for government and the private sector to work together to overcome all administrative bureaucracies to position Botswana as the business destination of choice.
He further implored businesses to be a part of this process and dialogue as we drive to move to a one-government system. Mr. Molobe said “Through the OBRS, business information at CIPA will be shared across government agencies, and one will not have to be required to submit the same set of documentation on every transaction with the government.”
For more information, kindly contact CIPA on 367-3700 or email: email@example.com