Lesotho Geography, Culture, and Economy

Lesotho is a small nation, a former British protectorate, entirely surrounded by the country of South Africa. It has a population of around 2 million and its capital and largest city is Maseru, and the official language is Sesotho.

It is located entirely above 1,000 meters in elevation which lends itself to a cool climate throughout the year. It often undergoes droughts given its widely variable rainfall. These droughts also lead to migration to more urban areas and immigration to South Africa for new opportunities.

Lesotho is economically integrated with South Africa, given its location, and is primarily based on agriculture, livestock, manufacturing and mining, while also depending heavily on money coming back into the country from workers’ remittances from jobs in South Africa.

2021
March 11Moshoeshoe’s Birthday
April 2Good Friday
April 5Easter Monday
May 1May Day
May 13Ascension Day
May 25Africa/Heroes Day
July 17King’s Birthday
October 4Independence Day
December 25Christmas Day
December 26Boxing Day
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: N/A
  • Income Tax (Lowest Marginal Rate): N/A
  • Income Tax (Highest Marginal Rate): N/A
  • VAT/GST/Sales Tax: N/A
  • First National Bank (South Africa) (Commercial Bank)
  • Nedbank (Commercial Bank)
  • Standard Bank (Commercial Bank)

Aadmi can support you with your expansion to Lesotho. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

September 10, 2022
What Is Corporate Maintenance? Corporate maintenance is the practice of complying with the record-keeping requirements a country or a regional government imposes on a corpo...
August 26, 2022
When you are expanding into global markets, one of the first things you need to look into is the tax system. From withholding tax laws for payroll to service taxes, there a...
July 28, 2022
Aadmi Aadmi is a full-service HR consultancy firm and a global expansion/retraction partner that companies can rely upon when expanding into or moving out of another countr...
June 21, 2022
Whether you have already expanded into another country and are hiring local resources or simply wish to draw from a foreign talent pool, there are a few things you need to ...
Not found