SCHOOL OF DROPOUTS
Business name vs private company
schoolofdropouts.com · +267 74 249 333

Business name (sole proprietorship)
- Not a separate legal person
- Assets and liabilities are personally yours
- Tax under personal income tax
- Cheap to start (name reserve ~P20; register from ~P170 total path)
- Weak for large tenders, institutions and investment
- Converting later means ceasing the name and re-registering as a company

Private company limited by shares (Pty Ltd)
- Separate legal person
- Can take shareholders, contracts and, over time, serious capital
- Right structure if you mean to grow
- Basic Company with School of Dropouts: P2,000 (formation stack)

Rule of thumb
Choose the structure your future needs — not only what is cheapest today.

Drawn to spec. Gaborone.