BURS, banks speed up OBRS deadlines

Friday, October 04, 2019

The re-registration exercise invoives all companies in the country

The Botswana Unified Revenue Service (BURS), banks and councils are amongst a group of entities that have reportedly imposed an unofficial deadline on the Online Business Registration System (OBRS), rejecting paper company documentation and demanding online certification.

The Companies and Intellectual Property Authority (CIPA), the custodian of the OBRS, has a deadline of June 2020 for all companies in the country to have re-registered on the online database. However, the BURS, banks, councils, land boards and others are reportedly already not accepting paper company certification and are demanding OBRS accreditation.

The BURS in particular reportedly issued an October 1 deadline indicating it would no longer deal with companies that have not migrated to the OBRS.

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