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Foreign Company Registration in Namibia: A Step-by-Step Guide
Expanding your business into Namibia is an exciting opportunity, but it starts with understanding the foreign company registration in Namibia process. Namibia offers a favorable investment environment with a streamlined registration process for foreign entities. This post provides a detailed guide to registering a foreign company in Namibia and explains how Investing in Namibia can make the process seamless.
Why Foreign Company Registration in Namibia Is Essential
Registering your foreign company in Namibia grants legal recognition, allowing you to operate in compliance with local laws. It also opens doors to business opportunities, such as government contracts, industry collaborations, and access to tax incentives.
Steps for Foreign Company Registration in Namibia
Step 1: Submit a Name Application/Reservation Form
- Form CM5: The first step is reserving a unique name for your business. Submit the CM5 form to the Business and Intellectual Property Authority (BIPA). This can be done online for added convenience.
Step 2: Prepare Necessary Documents
After your name reservation is approved, gather the following documents:
- Certified copies of the Memorandum and Articles of Association from your home country (in triplicate).
- Form CM22: Notice of postal and registered addresses.
- Form CM29: List of directors, auditors, and public officers.
- Form CM31: Appointment of an auditor.
- Form CM39: Alteration to the Memorandum of External Company.
- Form CM49: Application for the Certificate of Registration.
- Form CM47: Statement by directors about capital adequacy.
- Form CM51: Request for additional copies.
Step 3: Submit Your Application
- Submit all documents to BIPA along with the required fees.
- The processing time varies based on the complexity of your application but generally takes a few days to weeks.
Step 4: Obtain Certificates
- Once approved, you will receive:
- Certificate of Incorporation
- Certificate to Commence Business
These documents confirm that your company is legally registered and authorized to operate in Namibia.
Additional Considerations
Tax Registration
Register for income tax, VAT, and import VAT with the Namibia Revenue Agency (NamRA).
Social Security Compliance
Ensure compliance with social security and employee tax regulations.
Industry-Specific Boards
Depending on your business type, register with relevant regulatory boards.
Post-Registration Obligations
Stay compliant with regulatory requirements and meet reporting deadlines to maintain your business’s good standing.
Why Choose Investing in Namibia for Foreign Company Registration in Namibia
Navigating the foreign company registration process can be challenging, but Investing in Namibia offers expert assistance to simplify the process.
Our Services Include:
- Expert Guidance: Assistance at every step of the registration process, ensuring compliance with BIPA requirements.
- Time-Saving Convenience: We handle document preparation and submission for you.
- Tailored Packages: Flexible options to suit your business needs, from basic registration to comprehensive compliance packages.
- Nationwide Delivery: Get your certificates delivered to any location in Namibia.
Costs and Packages
We offer cost-effective solutions tailored to your business needs:
- Basic Registration: Starting at N$2,150, including name reservation and founding statement.
- Standard Registration: From N$3,450, with tax certificate and social security registration.
- Advanced Registration: From N$4,550, including good standing certificates and employment equity compliance.
- Private Company Packages: Starting at N$7,925, with comprehensive services like VAT registration and shareholder certificates.
Final Thoughts on Foreign Company Registration in Namibia
Completing the foreign company registration in Namibia is your first step toward establishing a legal and credible business presence. By following the steps outlined above and partnering with Investing in Namibia, you can ensure a hassle-free and efficient process.
Ready to take the next step? Complete the form below today and let us help you register your business effortlessly. Your journey to success starts here!
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