The company’s money lives in the company’s account. You pay yourself a set amount, on purpose, as salary or drawings. You never mix personal spending with company cash.
This single discipline keeps your books clean, keeps tax simpler, and keeps you in control of what the company is actually worth. Mixing funds destroys the record, makes BURS unreliable, and can expose you personally to business debt.
Banks will ask for incorporation papers, tax clearance, and secretary KYC. If you registered yourself with our guides, the finish line pack (P1,000) covers secretary appointment, tax clearance and bank account support — the stack that makes separation real.
File returns on time even when you traded nothing. Nil returns still need filing. A clean BURS record is one of the most valuable things a founder in Botswana can hold.