How Much to Start a Business in Namibia?

How Much to Start a Business in Namibia?

Namibia has a very low population density with a high unemployment rate. With this in mind, starting a business in Namibia can be very difficult due to lack of resources.

What is a Business?

A business is an organization or enterprising entity that is engaged in commercial, industrial, or professional activities.

The term ‘business’ also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

What are the fees for company registration in Namibia?

Organizations that meet a requirement for the number of people/stockholders will be required to pay a registration fee equivalent to $570.00

Organizations whose nominal share capital is between 10,00,000 and 50,00,000 pay a registration fee of NAD 2000.

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Is Namibia good for business?

Additionally, it enjoys political stability and support, steady economic growth and a growing population. The nation is also a hub of business opportunities for various companies interested in investing.

Discovering business opportunities in Namibia is becoming easier. Whether you’re a larger investor seeking access to mineral resources or a small entrepreneur looking for an attractive market, Namibia has what you need.

Where can I register my small 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 long does it take to register a Trademark in Namibia?

The trademark registration process can take up to six months.