Company Formation Namibia
Other Jurisdictions
Namibia
Cost of registration
Number of Directors
Corporate tax rates
Payment of Charter Capital
Financial statements
€ 2,750
1
32%
1.00
Yes
FEW WORDS ABOUT COMPANY in Namibia
BENEFITS
TAXES
ACCOUNTING
- There is possible to register a company remotely
- No paid up capital requirement
- There are tax benefits
- Electronic signature
- Corporate tax is 32%
- Offshore tax - 0%
- VAT - 15%
- Withholding tax rate is estimated at 10%. Which means that the relevant tax authorities expects legal entities to pay tax on 10% of interests remitted abroad
- Annual returns filing - Yes
- Statutory audit - Yes
- Report requirements - Yes
REQUIREMENTS
TYPES OF COMPANIES
- Registered office
- Registration agent
- The minimum number of directors is 1 person. Can have a corporate director
- Reservation of a company name. 7-20 working days are required for validation and reservation of the name
- The minimum number of shareholders is 1 person
- Certified copy of passport in case of foreigners
- No minimum authorized capital
- Company registration takes 7-10 days
- Private Limited Company
- Public Limited Company
- Trusts
- Close Corporation
- Foreign Company
- Sole Proprietor
HOW TO REGISTER A COMPANY IN Namibia
Step 1. Check your company name in the Company Registry
Step 2. Enter your company details
Step 3. We prepares and files the necessary incorporation documents to the relevant authorities for approval
Step 4. Then we works with the client to open a corporate bank account in Namibia
Step 5. We deliver the certificate of incorporation personally to the client or via courier service
Step 6. Checkout – that’s it
MORE INFORMATION
CORPORATE INFORMATION
SHARES AND SHARE CAPITAL
Opportunity to purchase ready-made companies
Local registered office
Local registered agent
Yes
Yes
Yes
The minimum amount of paid-in capital, nat. currency
The minimum amount of the issued capital
Bearer shares
The usual size of the authorized capital
Usual nominal value of shares
Possibility to issue shares without par value
No
No
No
1000
1
No
DIRECTOR AND SECRETARY
SHAREHOLDER AND BENEFICIARY
The requirement for residency directors
Director of legal entities are allowed
The data reveals to the local agent
Data field to the public registry
The requirement for the presence of the Secretary
Requirement to the residense of the Secretary
Requirements to qualification of the Secretary
Legal entity as the Secretary
No
Yes
Yes
Yes
Yes
Yes
No
Yes
Data is entered in the public register
Shareholders residency requirement
Information about the beneficiary is disclosed
Information may be disclosed to the local agent
Shareholders-legal entities are acceptable
Yes
No
Yes
Yes
Yes
TAXATION
REPORTING
VAT
Basic corporate tax rate
Capital gains tax
Currency control
Stamp duty
15%
32%
No
No
No
The requirement for filing reports
Open access to reports
Statutory audit
The requirement for filing Annual Return
Open access to the Annual Return
The requirement for reports
Membership in the OECD
Yes
No
Yes
Yes
Yes
Yes
No
Withholding tax rate is estimated at 10%. Which means that the relevant tax authorities expects legal entities to pay tax on 10% of interests remitted abroad.
The dividends withholding tax rate is 20%. Which means that the taxman expects companies to pay tax on 20% of dividends paid to non-residents.
The royalties withholding tax rate is 10%. This means that the tax authorities expects companies to pay tax on 10% of royalties remitted abroad.
Do you have a questions?
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Why Customers Choose Us
Our lawyers have already registered hundreds of companies in different parts of the world, and they know all the subtleties and underlying potential problems when registering companies in the necessary jurisdiction. You will save your time and money by applying for us.
We offer an individual solution
We implement a personal plan in line with your objectives. We'll offer all our services includes full legal support of the company registration procedure, obtaining a legal address, interaction with the official government authorities of the jurisdiction, state fees, legal address of the company, etc
We provide full legal support
We'll provide the client with the best company incorporation services. Professionals and expertise of Law: Worldwide registration and legal maintenance of companies, accounting services, and audit, tax planning and optimization, trademark and patent registration
We ensure a positive result
Strategically providing up to date personalized services to help your business succeed. We makes use of modern technological features to keep the records and details of every client safe