Shipping to Namibia? Wondering how much you should expect to pay for customs? In this guide, we’ll cover everything you need to know about importing goods to Namibia, including import duty rates and restrictions and average fees that shipping companies charge in order to facilitate the clearance of your shipments when they arrive at their destination. Finally, we’ll walk you through the entire process from start to finish, so you know exactly what you should expect when shipping goods to Namibia!
What is import duty and why does it exist
Import duty is an additional tax imposed on goods imported into a country. Import duties can be either a fixed amount or a percentage of the value of the goods. The purpose of import duties is to protect domestic industries by providing them with an advantage over foreign competitors, by making it more expensive to import goods than produce them locally. Import duties also help generate revenue for the government and ensure that the country’s currency stays strong.
What are the methods for paying these duties in Namibia
There are a few different ways that you can pay the duties and taxes when shipping to Namibia. It is important to know how much you should expect these duties and taxes to be, so you can plan accordingly when deciding which payment method will work best for you. The average cost of customs duty in Namibia ranges between 3-7% of your value. If you want to avoid any surprises with your customs duty, there are two options available: (1) prepayment or (2) post-payment. Prepaying means paying ahead of time before your shipment arrives at the border; post-payment means paying afterwards at the point of entry into Namibia. Both methods have their benefits and drawbacks.
how much do you pay for customs in namibia
Namibia requires all goods imported into the country to have a customs declaration form. This form, which is completed by the shipper, will determine how much you should expect to pay in customs duties and taxes. If you are shipping goods that are worth less than $200 USD in value, then the import taxes will be no more than 25% of the total cost of goods shipped.