How To Get Business License In Namibia

How To Get Business License In Namibia

What is Business?

Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).

How To Get Business License In Namibia

To register a company in Namibia, you need to visit the ministry of finance to register for your VAT and the company tax, the ministry of home affair for your work permit, the ministry of labor, and the social security commission. You can also go to any of these ministries to register for your company.

Frequently Asked Questions

How do I start a business in Namibia?

  • Step 1: Establishing a legal entity in Namibia.
  • Step 2: Registration with the relevant authorities.
  • Step 3: Making taxable supplies exceeding N$500,000.
  • Step 4: Employing people in Namibia.
  • Step 5: Payments made to Non-Residents.
  • Step 6: Other considerations.
  • Contact one of our Namibian experts for assistance

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.

Where do I register my business name 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

How do I register my CC in Namibia?

  • Copy of the approved form for name reservation.
  • Founding statement in triplicate.
  • Consent letter from the accounting officer.
  • Certified Copy of passport in case of foreigners.

Can a foreigner register a business in Namibia?

If you are a foreigner and you want to register for a business, you have to submit your application forms or reservation forms. once your reservation name is approved, you can now apply for a certificate of incorporation and a certificate of commerce business.

Why is it important to register your business?

Helps you avoid legal problems with the government. Secures your reputation as a legitimate business. Builds trust among suppliers, customers, and employees. Allows you to fully market your brand and business everywhere.

How much is a Namibian work permit?

Payment for study/work visa is to be made after approval by the Ministry of Home Affairs and Immigration before the actual issuance. payment is made to the Embassy bank account, visa fee is 720 SEK. Visa fee for a period of 4 – 6 months is 2000 Namibia dollars.

What business license do I need?

The basic form to apply for a business license usually requires a business name and the name of at least one owner, according to Nav. If you do not live in the same state where you are forming the business, you will typically need a registered agent.

Do I need a business visa for Namibia?

South African passport holders visiting Namibia for conference and meetings purposes no longer require a visa. … They will now be merged and no visa is required for either travelling purpose.”

Can foreigners open bank account in Namibia?

With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Namibia. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures.

What should I invest in Namibia?

  • 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.

Can I register a business name and not use it?

You can register your business name with your state, which is basically a process of reserving it so no one else can use it in your state.

How long is work permit valid in Namibia?

A Namibia employment work permit is normally issued for a period of between 1 and 3 years. The immigration board can within the provisions of the act extend the period for which, an employment work permit was issued.

How long does it take to get business license?

Depending on your business, obtaining a business license can take as little as a single day or as long as six months.

Do you need a degree for a business license?

Do I have to have a college degree in order to obtain a business license? No, just follow the steps in the article. No degree is required. The state may charge a general licensing fee for businesses not exempt from state business licensing requirements.

How hard is it to get a business license?

The good news is that getting a business license is usually easy and affordable. The steps to getting your license usually involve: Go online or call your city or county office that deals with business licenses to learn the process. Fill out a form with your business information.

How much is business visa for Namibia?

South African business travellers to Namibia are required to apply for a visa at the Namibian High Commission in Pretoria as part of the country’s new visa regulations. The cost of the visa is R80 for the handling fees and R390 for the visa itself. The processing time is between two and three working days.