Eswatini (Swaziland)

Eswatini (Swaziland)

The Kingdom of Eswatini (until 2018 the Kingdom of Swaziland) is a landlocked country located in Southern Africa. It is one of the smallest states in Africa.

If you are planning to register a company in Eswatini and open a corporate account with an Eswatini bank, then take a look to the following:

  • The capitals of the country are Mbabane and Lobamba;
  • The neighboring countries are: South Africa (RSA) and Mozambique;
  • Swazi and English are official languages;
  • Eswatini is a member of Commonwealth of nations, AU, COMESA, SADC and others;
  • Swazi lilangeni (SZL) and South African rand (ZAR) are official currencies;
  • The territory of Eswatini is 17363 km².

For more information, you can ask for individual advice on company registration process in Eswatini from YB Case experts.

Read also:
BEST DIRECTIONS FOR AN ESWATINI COMPANY

Those, who want to start a business in Swaziland, we recommend considering the following business solutions:

  • To register a pharmaceutical company in Eswatini;
  • To set up a Swaziland agricultural company (farming, cultivation of pineapples, peanuts, sorghum, sugarcane, tobacco, corn, citrus fruits, rice and cotton);
  • To open a construction company in Eswatini;
  • To register a mining company in Eswatini (coal, asbestos).

Also, it can be profitable to set up a tourism company in Swaziland, a logistics company or a food production company.

Legal forms & tax treatment

You can register a company in Swaziland and open a Swaziland bank account by choosing the following business entity types:

  • Tax resident LLC (a Private company);
  • Free Zone LLC (an Industrial zone company);
  • RO;
  • Branch.

Legal form

Corporate tax

VAT

WHT

Share capital

LLC*

27,5%

14%

15% on dividends

10% on interest payments

15% on royalties

8 USD

Free zone LLC

27,5%

14%

8 USD

Branch

27,5%

14%

-

RO

-

-

-

*This legal form will allow you to set up a company in Eswatini without a personal visit.

How to open a business in Eswatini

In order to register a Swaziland company, you will need 2 directors and shareholders (individuals/legal entities). Also, you will need to choose a unique name for your future company.

We recommend you contacting our specialists for professional advice on opening a bank account for an Eswatini company remotely or with a personal visit. We suggest you considering banks such as:

  • FNB;
  • Nedbank;
  • Capitec Bank;
  • Atlas Finance Matuba.
Terms of registration is up to 4 weeks

You can ask for personal advice on business organization process in Eswatini from YB Case experts. In addition, our qualified specialists can provide you with support services at all stages of a company registration in Eswatini and professional advice on opening a corporate account with an Eswatini bank.

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