Namibia - Mixed (Civil and Common law)
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Namibia taxes

Want to setup a company in Namibia? This will tell you about tax laws for a LLC, which is the most common company structure in Namibia.

Namibia imposes corporate income tax on a territorial basis, This means that offshore income, from our research, but seek professional advice, is not subject to taxation. Income accrued or deemed to be accrued within Namibia is taxed at a corporate income tax standard rate of 32%. CIT rates may vary according to economic activity, 18% for registered manufacturers, 55% for diamond mining, 37.5% for other mining income and 35% for petroleum income. This ranks Namibia as 156th when compared to corporate tax rate worldwide.

The VAT rate in Namibia is 15.00%, which ranks Namibia as 79th overall in terms of value added tax rate worldwide. In terms of other taxation, an employer will contribute 0.90% to the equivalent of a social security fund and an employee will contribute 0.90%. The overall complexity of the tax system is low. This is measured by average time to comply with a country's labor tax requirements is as it is 46hours. Contributing to this is the number of yearly labor tax payments, which is 1 in NA.

Thin cap standards are officially enacted. This refers to any type of requirements on a business and the debt-to-asset ratios. Dividends received are tax-exempt. Dividends are a distribution of a portion of a company's earnings, established by the board, to shareholders. Capital Gains are not subject to taxation, except those from mining or petroleum. A capital gains tax is levied on the profits that a corporation or natural person realizes when he or she sells sells a capital asset for a price that is higher than the purchase price.

The interest withholding tax rate is estimated at 10%. Which means that the relevant tax authorities expects legal entities to pay tax on 10% of interests remitted abroad. The dividends withholding tax rate is 20%. Which means that the taxman expects companies to pay tax on 20% of dividends paid to non-residents. The royalties withholding tax rate is 10%. This means that the tax authorities expects companies to pay tax on 10% of royalties remitted abroad.
There is no known tax on wealth in Namibia. There are no known inheritance taxes. There are property and transfer taxes. We are not aware of any widely used credits for innovation spend that include tax relief here.

The above is not tax or legal advice for your particular situation. We are able to point you to an expert in Namibia who can properly advise you. Want to work together? Click incorporate now if you are in a hurry, or press the free consultation button above.

It takes approximately 40 hours to file and prepare documents for a Namibia Mixed (Civil and Common law).
The corporate tax is approximately 32% which is 156 in the world.

Owners of a company in Namibia are not allowed to carry back a loss and may be allowed to carry forward a loss for 100 years.

The vat rate in Namibia is 15% which ranks 78 in the world.

Patent box
RND credit
Wealth tax
Estate tax
Transfer taxes
Asset taxes
Capital duties
12Tax treaties
0%Offshore Tax
32%Corp rate
-Loss carryback years
40Corporate time
15%VAT rate
0%Capital gains
NoAEOI planned

Read this to learn about incorporating a company in

We can help you form a company in Namibia. Click the button above for a no-obligation quote. We will provide you with all the necessary documents to open a bank account as well as a registered office in Namibia, which is required by law.

Namibia Tax Treaties

CountryTypeDate signed
DTC 1998-07-28
DTC 2010-03-25
DTC 2004-06-16
DTC 1993-12-02
DTC 1997-02-15
DTC 1996-05-29
South Africa
DTC 1998-05-18
United Kingdom
DTC 1962-05-28
DTC 1995-03-04
DTC 1998-02-25
DTC 1993-07-16
DTC 1998-03-31

Country Info

National Flag of
Republiek van Namibië (afr)
Republik Namibia (deu)
Republic of Namibia (eng)
Republic of Namibia (her)
Republic of Namibia (hgm)
Republic of Namibia (kwn)
Republic of Namibia (loz)
Republic of Namibia (ndo)
Lefatshe la Namibia (tsn)
Area Code
Southern Africa
Native Languages