Below is a detailed overview of the typical costs associated with starting and maintaining a standard private company (Pty) Ltd in Namibia as of 2025. This breakdown covers creation expenses, required annual maintenance, and provides practical advice for structuring costs efficiently.
Company Registration Costs in Namibia (2025)
Setting up a Private Company (Pty) Ltd in Namibia involves several statutory and service-related fees. Here is a summary of average requirements in Namibian dollars (NAD):
| Cost Item | Amount (NAD) | Description |
|---|---|---|
| Name reservation fee | N$50 | Official fee to reserve the desired company name with authorities |
| Company registration fee | N$300 | Fee for formal company incorporation with BIPA |
| Stamp duty | N$100 | Statutory stamp duty due on incorporation |
| Notary/public officer fees (average) | N$500 | Average professional notarisation fee for registration documents |
| Legal/consultancy fees (average) | N$2,500 | Typical charges if using an external consultant or lawyer for paperwork and advice |
| Minimum capital requirement | N$0 | No statutory minimum share capital is stipulated for Pty Ltd companies |
| Total (average) | N$3,500 |
Note: Currency conversion for reference—at an estimated rate of 1 NAD ≈ 0.054 USD (2025), N$3,500 ≈ $190 (USD).
Annual Maintenance Costs for a Private Company (Pty) Ltd
Ongoing company viability depends on compliance with local reporting, audit, and professional service requests. Annual maintenance costs can be significant, so planning ahead is recommended. Here’s a structured view:
| Maintenance Item | Amount (NAD) | Description |
|---|---|---|
| Annual duty to Business and Intellectual Property Authority (BIPA) | N$120 | Mandatory yearly filing fee with BIPA |
| Annual tax/accounting services (average) | N$2,000 | Average cost for professional tax filing and accounting support |
| Auditor fees (if required, average) | N$3,000 | Applicable to larger companies only—may be omitted for smaller Pty Ltds |
| Legal/secretarial services (optional, average) | N$1,880 | If you outsource company secretarial duties or require ongoing legal consultation |
Annual running costs will thus range from N$2,500 (minimum, with basic compliance) to up to N$8,000 (if audit and additional legal/secretarial services are involved). Converted to USD, this range is approximately $135–$430 (as of 2025, 1 NAD ≈ 0.054 USD).
Summary Table: Company Creation and Maintenance (NAD & USD equivalents)
| Category | Total (NAD) | Total (USD) |
|---|---|---|
| Company Creation (average) | N$3,500 | $190 |
| Annual Maintenance (range) | N$2,500 – N$8,000 | $135 – $430 |
Key Sources for Namibian Business Registration and Fees
- Business and Intellectual Property Authority (BIPA)
- my.na (general Namibian business guidance)
- PwC Namibia – Doing Business Overview
Pro Tips for Managing Company Costs in Namibia
- Consider managing some company secretarial duties internally if legal expertise is not regularly required—this can minimise the optional N$1,880 fee.
- Verify if your company falls below the audit threshold; if so, you may omit the N$3,000 annual auditor expense entirely.
- Always reserve your company name early, as the N$50 fee is affordable and prevents administrative delays.
- Request clear breakdowns from service providers (legal, accounting) to ensure you are only charged for services you genuinely need.
- Check BIPA’s official site annually for any updates to registration and compliance fees linked to company maintenance.
In summary, forming and maintaining a Private Company (Pty) Ltd in Namibia in 2025 remains accessible and competitively priced by regional standards. Creation runs to an average of N$3,500 and annual compliance costs typically range between N$2,500 and N$8,000, depending on company size and your use of professional services. Timely filing and administrative planning can help optimise these obligations. Always refer directly to Namibia’s official authorities for up-to-date details or procedural changes.