Africa
Currency
BWP
Corporate Tax
22%
Personal Income Tax
25%
VAT / GST
14%
Standard 22% (manufacturing 15%); 30% for banks/telecom.
Top rate 25% above BWP 48,000/month.
Standard rate.
Dividends
15%
Interest
15%
Royalties
15%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
BP 9% (employer 5% + employee 4%); Workmen's Compensation employer-only.
Capital Gains Tax
22% (companies); variable individuals
Inheritance / Estate Tax
0%
Capital (Net Worth) Tax
0%
Property Tax
Property rates (local)
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Treaties in force
~15
Key partners: UK, South Africa, Sweden, Mauritius, India, France
Withholding typically 7.5%–12% under treaties.
Treaty counts are approximate and change as agreements are signed, ratified, or terminated. Verify the status and withholding rates under the specific treaty before relying on them.
Year ending 30 June
Notes
SEDZ (Special Economic Zones) offer 0% CIT for first 5 years then 15%. Manufacturing 15%.
More in Africa