Source-cited draft: company formation & entity choice for Namibia (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
General reference only
This skill is general tax/accounting reference material for AI-assisted workflows. It has not been reviewed for your personal facts, documents, elections, deadlines, residency, filing status, or local procedures. Do not rely on it to file, pay, amend, or take a tax position without review by a qualified professional in the relevant jurisdiction.
Source-cited draft. This skill is source-cited but has not been reviewed by a licensed practitioner. It may be incomplete, outdated, or wrong.
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| Entity types and incorporation | Business entities in Namibia are registered with the Business and Intellectual Property Authority (BIPA) under the Companies Act, 2004 and the Close Corporations Act, 1988. The most common vehicles are the private company (Pty Ltd) and the close corporation (CC). | |
| Company registrar | Business and Intellectual Property Authority (BIPA)Business and Intellectual Property Authority Act | |
| Private company (Pty) Ltd | Most common form; minimum 1 director and shareholder; restricts share transfer and limits members to 50Companies Act, 2004 | |
| Public company Ltd | May offer shares to the public; minimum 7 members; subject to fuller disclosure and auditCompanies Act, 2004 | |
| Close corporation (CC) | Members from 1 to a maximum of 10; members own and manage the CC; no sharesClose Corporations Act, 1988 | |
| Section 21 company (not for gain) | Company without share capital incorporated for non-profit purposesCompanies Act, 2004 | |
| External (foreign) company / branch | Foreign companies carrying on business in Namibia must register a place of business with BIPA |
Business entities in Namibia are registered with the Business and Intellectual Property Authority (BIPA) under the Companies Act, 2004 and the Close Corporations Act, 1988. The most common vehicles are the private company (Pty Ltd) and the close corporation (CC).
Other Namibia computations in the OpenAccountants library.
| Minimum share capital — private company | No statutory minimum share capital prescribed; nominal capital is set in the company documentsCompanies Act, 2004 |
| Core incorporation documents (company) | Memorandum and Articles of Association (certified by a Notary Public), plus prescribed BIPA formsCompanies Act, 2004 |
| Registration fees | Variable — depend on share capital, number of directors and pro-rated annual duties (per BIPA fee schedule)Companies Act, 2004 |
| Typical incorporation timeline | Several days to a few weeks depending on document preparation and BIPA processingCompanies Act, 2004 |
| Annual compliance — annual duty / return to BIPA | Companies and CCs must lodge an annual return and pay the prescribed annual duty to BIPACompanies Act, 2004 |
| Annual compliance — financial statements / audit | Companies must prepare annual financial statements; private companies and CCs may have reduced audit requirements relative to public companiesCompanies Act, 2004 |
| Annual compliance — tax registration | New entities must register with NamRA for income tax (and VAT if over threshold) and file annual income tax returnsIncome Tax Act |
Rendered from the facts database. General reference only — confirm with a qualified professional before acting.
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