How To Register A Construction Company In Namibia
What is a Construction Company?
Construction company is a business enterprise concerned with the construction of buildings, bridges, stadium etc.
Where To Register a 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.
Business and Intellectual Property Authority of Namibia, BIPA,
How To Register A Construction Company In Namibia
Procedure to register Construction Companies in Namibia
- Submit name application/reservation form CM5 or reserve a name online
- Upon approval, you may apply for a Certificate of Incorporation and Certificate to Commence Business. This requires the submission of the following documents:
- Memorandum and article of Association in triplicate of forms CM3, CM4, CM44B and CM44C.
- Copy of approved name on CM5
- Notice of postal and registered address on CM22
- List of Directors, Auditors and public Officers on CM29
- Appointment of an Auditor on CM31
- Application of Certificate of Registration of memorandum of External Company CM46
- Request for submission of additional Copies on CM51.
Frequently Asked Questions (FAQ’s)
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.
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.
Can I start a business without registering it in Namibia?
It is entirely legal to operate as a sole proprietorship without registering your company. All you need for IRS recognition is that you file your first business tax return, as required by federal law.
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.
How do I register my SME in Namibia?
Requirements to Apply for SME Certificate
- Copy of Company Registration Certificate,
- Social Security Commission Good Standing Certificate not older than 3 months,
- VAT Good Standing Certificate not older than 3 months, and.
- Certified Copies of IDs of all members/owners of the Company .
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.
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.
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.
How do start my own business in Namibia?
- Conduct market research. Market research will tell you if there’s an opportunity to turn your idea into a successful business.
- Write your business plan.
- Fund your business.
- Pick your business location.
- Choose a business structure.
- Choose your business name.
- Register your business.
- Get federal and state tax IDs.
How do I get a work permit in Namibia?
What Are the Requirements to Obtain a Work Permit in Namibia?
- A signed and completed application form.
- A passport that’s valid for at least three months beyond the projected expiration of the work permit.
- Two passport photographs.
- A letter from the employing company in Namibia.
- A copy of the advertisement for the job position, if the employer advertised it
- A medical certificate stating that the applicant is in good health
- A radiological report
- Proof that the applicant has health insurance coverage for their time in Namibia
- A certificate of police clearance from the applicant’s country of residence
- Copies of the applicant’s highest education certificate as well as any other certifications that qualify them for the position
- A copy of the applicant’s marriage certificate, if applicable
Applicants will need to submit all required documents in English.
In addition to these requirements, the employer will also need to provide a variety of documents, such as a copy of the company’s registration document.