Namibia

We assist global clients looking to do doing business in Namibia with the A to Z of business setup without the need for the client to personally travel to Namibia. Some of our services include:

Company / Branch registration

Tax registration and obtaining PIN

Regulatory licenses across all sectors

Personal and corporate bank account opening

Accounting and tax support services

Provision of nominee directors and shareholders

Recruitment and employee hiring

Virtual/Physical Office space solutions

Employment and residency visas

The most common corporate structures preferred by foreign investors setting up in Namibia include i) the limited liability company (LLC/LTD) ii) The Public Limited Company (PLC) and iii) the branch office. See detailed comparison below:

Advantages and disadvantages of setting up business in Namibia:

  • Peace, stability and good governance.
  • Stability in the infrastructure. Namibia has first world road, rail and air infrastructure best for movement and business;
  • Excellent telecommunications network;
  • Wide inter-continental market access. As a Southern African Development Community (SADC) member, Namibia gives businesses access to a larger regional market.
  • Liberal and generous investment regimes. The Namibian State permits the market to determine allocations of capital, ensure the proper functioning of the market, and provide legal protection for investment against wrongful injury by public or private agents;
  • Fast, efficient and transparent bureaucracy;
  • Low inflation;
  • Stable foreign exchange reserves;
  • Namibia has young flexible trainable labor force.
  • There is Namibia investment Centre (NIC) that caters for easy foreign investment;
  • Favorable Tax Policies– Investor friendly tax regulation make Namibia an attractive destination for business.
  • The business set up time is time consuming;
  • Inequality in wealth distribution;
  • There are some challenges to human rights especially in the processing of crimes which is delayed and discrimination against women and high level of gender-based violence;
  • There is security threat due to terrorism threat though in low percentage;
  • Complex legal frameworks that are difficult to navigate without local expertise;
  • Bribery, Corruption and outdated systems that complicate interactions with regulatory bodies.

Important links:

Company incorporation steps in Namibia:

  1. Name Reservation: Girimba Consulting reserves a unique company name through the Business and Intellectual Property Authority (BIPA);
  2. Documents Preparation: Our Team prepares the incorporation documents and emails our client for signatures and email return;
  3. Certificate of Incorporation: Our dedicated Team submits an application for company registration with the Business and Intellectual Property Authority (BIPA)regulations and obtain the certificate of incorporation;
  4. Personal Tax Number: If the director is a foreign national, our team submits an application for a personal tax number with the Namibia Revenue Agency (NamRA);
  5. Other Registrations: If the Client intends to hire local staff, our Team registers the company with the Social Security Commission as well as the Workmen’s Compensation Commission;
  6. VAT Registration: If our client expects to make taxable income exceeding (N$500,000) within the calendar year, our Tax Agent proceeds to register the company for VAT (Value Added Tax);
  7. Bank Account Opening: Girimba Consulting also assists our client to open a local corporate bank account with a top tier bank in Namibia.

    Seek specific business information:

    Let us know more about your business needs by completing the form below. Our team will get back to you within twenty four hours.

    All information provided to Girimba via this form remains confidential, Girimba shall not sell, share or transfer any details to any authority or third parties except as may be required by law. If you however prefer not to fill up the form, you are welcomed to contact us by email or phone directly.

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    Girimba Consulting conducts business with openness, transperancy and honesty.We respect and uphold our Clients’ confidentiality, we offer quality service at affordable rates. Contact us for professional solutions.

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    Clarence S. Carlos

    Regional Cordinator

    Clarence is our regional cordinator and head of business setup secretariat.