How do I register a business in Namibia?

A business name can be reserved with the Business and Intellectual Property Authority of Namibia, BIPA, which is an agency under the Ministry of Industrialisation, Trade and SME Development (MITSMED). This process can be done at any BIPA office or on-line at ww.bipa.na.

How much does it cost to register a business in Namibia?

Fees

Different Namibia entity types Cost Draft invoice
Branch of a foreign company US$13,100 View invoice PDF
Fast nominee LLC US$23,850 View invoice PDF
Trust company US$12,950 View invoice PDF
Free zone company US$11,750 View invoice PDF

Where can I register my small business in Namibia?

Where can I register my business in Namibia?

  • the Ministry of Finance (registration for VAT and Company Tax)
  • the Ministry of Labour.
  • the Ministry of Home Affairs (work permits, visas, etc.)
  • the Social Security Commission.
  • NAMFISA.

What do you need to start a business in Namibia?

Setting up Business in Namibia

  1. registering a company or a branch;
  2. tax registration in Namibia;
  3. employee taxes;
  4. foreign exchange considerations;
  5. industry specific requirements;
  6. group structure tax and regulatory considerations.
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How long does it take to register a business in Namibia?

How long does it take to register a Trademark in Namibia? Trademark registration process takes minimum 6 month.

What is the best business in Namibia?

List Of Top Small Business Ideas In Namibia – Best Startup…

  1. Food Business Ideas In Namibia. …
  2. Organizing Private Classes For Students. …
  3. You Can Become a Web Designer In Namibia. …
  4. Start A Gym Business. …
  5. Photography Business In Namibia. …
  6. Start A Backyard Garden. …
  7. Create Your Own Blog. …
  8. Start A Cosmetic Business In Namibia.

How do I get a work visa for Namibia?

What Are the Requirements to Obtain a Work Permit in Namibia?

  1. A signed and completed application form.
  2. A passport that’s valid for at least three months beyond the projected expiration of the work permit.
  3. Two passport photographs.
  4. A letter from the employing company in Namibia.

How do I register a sole proprietorship in Namibia?

To register a sole proprietorship, you have to apply with the Business and Intellectual Property Authority of Namibia (BIPA). The application process can be completed online (guide) or by visiting a BIPA office in person.

How do I register my company for CC?

There are three easy steps to registering a Close Corporation.

  1. Step 1 : Order Online.
  2. Step 2 : Pay Fee.
  3. Pay fee of R650 by Internet Transfer (EFT) / Bank deposit details below :
  4. We require payment upfront to proceed with registration. …
  5. Step 3 : Fax through, and then Post original documents through to us.

What is SME registration?

MSME stands for micro, small and medium enterprises and any enterprise that falls under any of these three categories can apply for registration. MSME registration that falls under the MSMED Act facilitates promotion and development of enterprises and improves its functioning.

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What should I invest in Namibia?

Mining and Energy

  • Extensive mineral deposits.
  • Diamonds, uranium, gold, copper, lead, zinc and other base metals.
  • Semi-precious stones and many types of dimension stones.
  • Value-addition encouraged.
  • Manufacturing (jewelry)
  • Good prospects for oil and gas prospecting, exploration and processing.

How many companies are there in Namibia?

Namibia Companies Database

Global Database has 8479 registered organisations listed in the Namibia database.

Where do you register a company in Namibia?

Business Registration

  1. the Ministry of Finance (registration for VAT and Company Tax)
  2. the Ministry of Labour.
  3. the Ministry of Home Affairs (work permits, visas, etc.)
  4. the Social Security Commission.
  5. NAMFISA.

What is a CM29 document?

The introduction of the customer verification process was meant to create a capability to track transactions relating to the electronic form CM29 (change of directors) for better accountability for transactions.

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