How To Register A Business License In Namibia

How To Register A Business License In Namibia

What is Business Licence?

Business licenses are permits issued by government agencies that allow individuals or companies to conduct business within the government’s geographical jurisdiction. It is the authorization to start a business issued by the local government.

How To Register A Business License In Namibia

The permit application requirements include:

  • A duly completed application form signed by the applicant; and
  • Medical Certificate Form / Radiological Report Form completed by a medical practitioner; and
  • Certified copies of highest education or trade certificate of the applicant; and
  • Certified copies of previous work references of the applicant included in a detailed CV; and
  • Copies of travel documents or passport of applicant; and
  • Registration Certificate(s) indicating the registration of the applicant with a relevant professional board / association; and
  • Police Clearance Certificate from country of origin and last country of residence; and
  • Two passport type photographs (in colour); and
  • Certified copies of all marriage or divorce certificate of applicant; and
  • A motivation letter by the by prospective employer indicating the reasons for appointing the applicant and not a Namibian citizen; and Deed of Surety
  • A copy of advertisements placed in local newspapers advertising the position (if applicable); and Copies of three CV’s of unsuccessful applicants
  • A copy of employment / contract between applicant and employer
  • Comments from the relevant Trade Union (if applicable)
  • If the applicant has been registered for Namibian taxation, proof of such registration should b included; and
    If the applicant has applied (or obtained) a Status investment Certificate in terms of the Namibian Foreign Investment Act, a copy of such certificate (or application) should be included in the application.

Frequently Asked Questions (FAQ’s)

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.

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.

How can I get permanent residency in Namibia?

  • Application form (3-1/0039)
  • Application for Visa form (3-1/0033)
  • Questionnaire form for permanent residence.
  • Declaration Form.
  • Medical certificate.
  • Radiological certificate.
  • Copy of marriage/divorce/death certificate or letters.
  • Copy of travel document or passport.

Can foreigners open a business in Namibia?

The most common structure for a Namibian investor permit applicant is a Namibian company. It therefore follows that a foreign shareholder can own 100% of the shares in a Namibian company. The company may appoint Directors and shareholders need not be natural persons.

How do I register a cash loan business in Namibia?

The applicant will be required to complete the application form and submit the following documentation with the completed application form to NAMFISA: 5.1 A certified copy of Income Tax registration certificate of the Cash Loan Business as issued by the Ministry of Finance.

Can a South African buy a business in Namibia?

It is important to note that Namibia has no restrictions on the ownership of shares in Namibian entities by foreign nationals. In Namibia a business can be managed and property purchased through companies, closed corporations and/or business trusts.

How do I register a micro business loan in Namibia?

To register a new micro finance company a non-refundable application fee of R500 is needed as well as a R250 branch fee per location. Application forms and all relevant regulations can be easily downloaded from the NCR website or you can download the forms below: Application for registration as a credit provider.

What is the main purpose of a business in Namibia?

The primary purpose of a business is to maximize profits for its owners or stakeholders while maintaining corporate social responsibility.

What businesses will always be in demand in Namibia?

  • IT & Design. Everything is online these days so it is a no-brainer that IT & design is an industry that is going no-where.
  • Renewable Energy & Environmental.
  • Transport.
  • Insurance.

How can a woman start a small business in Namibia?

The most common permits most women business owners will need are a fictitious name certificate, or DBA, and an employer identification number, or EIN. DBAs are needed if you are using a name for your business that is not your own legal name, and are usually obtained at the county level.