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Registering a company in Namibia in 2020

The main advantages of establishing a business in Namibia are:

  • Stable economic growth;
  • A favorable environment for SMEs;
  • High state interest in the inflow of foreign investment;
  • Preferential treatment according to SADC;
  • 100% foreign ownership;
  • There is an opportunity to buy an existing company;
  • Fast registration process.

Business registration – from €3,450

Company registration period – from 7 days

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Namibia is located in South West Africa on the Atlantic coast. It is one of the most developed countries in Africa.

Those, who are interested in registering a company in Namibia and opening a Namibian bank account, must know the following:

  • The country has a stable economy;
  • It is a member of AU, SADC and Commonwealth of Nations;
  • The state borders on Botswana, Zambia and Angola;
  • There are 9 official languages in the Namibia. The major ones are English, German and Afrikaans;
  • Namibian dollar (NAD) is an official currency.

You can receive individual advice on company registration procedure in Namibia from IQ Decision experts. Also, we can provide you with legal support services in opening an account for a company in Namibia.

Read also:
Popular business types

If you want to start a business in Namibia, then we recommend that you consider the following solutions:

  • Registering a mining company in Namibia (extraction of diamonds and uranium). Also, there are large deposits of copper, gold, lead, zinc, tin, silver, tungsten and natural gas;
  • Setting up a Namibian agricultural company (livestock);
  • Opening a bank in Namibia (well-developed banking sector with modern infrastructure);
  • Registering an export company in Namibia (precious stones and metals, seafood, ores);
  • Setting up a Namibian tourism company.
Legal forms & tax treatment

If you want to set up a company in Namibia without a personal visit and open a corporate account with a Namibian bank, then take a closer look at the following legal forms:

Tax resident LLC (Private Company);

  • Free zone LLC (EPZ company);
  • PLC (Public company);
  • Business trust (Trust);
  • Branch.

Legal form

Corporate tax



Share capital




10%-20% on dividends

10% on interest payments and royalties


Free zone LLC



50 000 USD





Business Trust








Most entrepreneurs decide to register a LLC in Namibia.

Registration procedure

If you are intended to open a company in Namibia remotely, then you must know the following:

  1. In order to set up a Namibian company, you will need to prepare the document with all the names of directors and auditors and confirmation of payment of registration fee;
  2. If you want to register a PLC in Namibia, please note that the number of participants should not exceed 10;
  3. PLC limits the financial liability of company owners, so the owner's personal assets are not at risk.
How to establish a company in Namibia

To learn more about this country, we recommend that you ask for personal advice on business registration process in Namibia. Also, we can provide you with legal assistance in opening a Namibian corporate bank account.

Terms of registration: 4 weeks.

  • The information outlined in the article is actual at the time of its publication.

  • Please refer to our specialists for checking possible solutions for your business.

  • Still have any questions?

    Fill out the form or contact us as you find convenient: skype, telegram, etc. Our experts will help you resolve the issue.

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