This article delivers a precise overview of corporate tax requirements for companies operating in Namibia, with all data current as of 2025. You’ll find the latest rates, special industry surtaxes, and preferential treatments, summarized for decision-makers and international professionals.
Corporate Tax Overview for Namibia (2025)
The Namibian corporate tax regime applies a flat rate to most companies, assessed on corporate profits. There are industry-specific surtaxes as well as reduced rates for qualifying sectors. All figures below are denominated in the Namibian Dollar (NAD).
Standard Corporate Tax Rate
The flat corporate income tax rate for most companies in Namibia remains set at 30% in 2025. This flat rate applies regardless of profit levels—there are no progressive tax brackets for standard corporate entities.
| Tax Type | Rate (%) | Applicable To |
|---|---|---|
| Standard corporate income tax | 30% | All companies (unless specific exception below applies) |
Industry-Specific Surtaxes and Preferential Rates
For certain sectors, Namibia administers special surtaxes or reduced rates. The following table summarizes these adjustments for 2025:
| Condition / Industry | Effective Rate (%) | Details |
|---|---|---|
| Diamond mining companies and associated service providers |
55% (30% + 25%) |
Industry surcharge of 25% applied on top of standard 30% |
| Other mining companies and associated service providers |
37.5% (30% + 7.5%) |
Industry surcharge of 7.5% in addition to standard rate |
| Petroleum income | 35% (30% + 5%) |
Petroleum-related profits incur an extra 5% surcharge |
| Registered manufacturers (first 10 years of registration) |
18% | Preferential rate, 12% lower than the standard rate |
| Long-term insurers | 12.8% | Preferential rate, 17.2% less than standard |
The above preferential rates are only available to qualifying companies or sectors meeting registration and operational requirements as defined by Namibian tax authorities.
Assessment Basis
All taxes described are levied on corporate profits, with companies assessed on the profits from operations in Namibia. No progressive brackets are applied—rates are flat within each applicable category.
Summary of Key Corporate Tax Statistics (2025)
| Parameter | Value / Rate | Currency / Unit |
|---|---|---|
| Corporate tax type | Flat | – |
| Flat rate (general) | 30% | NAD |
| Industry surtaxes | 5% to 25% | NAD |
| Preferential rates | 12.8% or 18% | NAD |
| Brackets | None | – |
| Minimum / Maximum holding period requirements | Not specified | – |
Pro Tips for Managing Corporate Tax in Namibia
- Confirm eligibility for reduced rates: If your company operates in manufacturing or insurance, verify the current registration requirements to benefit from Namibia’s preferential tax rates, which can significantly lower your effective rate.
- Review industry classification: Mining and petroleum ventures are subject to higher surtaxes. Ensure your business is classified accurately to avoid unnecessary surcharge exposure or to take advantage of any sector-specific incentives.
- Document sectoral activities carefully: Detailed, accurate records can expedite compliance and reduce risk of misclassification—especially for businesses involved in service provision to the mining or petroleum sectors.
- Consult local guidance frequently: As tax incentives and rates may change, regularly check official Namibian government resources (Ministry of Finance) for the most current rules, forms, and updates.
- Plan for long-term commitments: Registered manufacturers enjoy a ten-year preferential rate window—a strategic alignment of investment and registration could yield substantial savings over time.
Official Resources
For detailed, authoritative information on Namibian tax laws, forms, and updates, consult the Ministry of Finance’s official website: mof.gov.na.
For 2025, Namibia maintains a clear, sector-differentiated tax regime. The flat 30% standard rate, combined with significant industry-specific adjustments, gives most companies predictability, though those in mining and petroleum should pay attention to additional surtaxes. Registered manufacturers and long-term insurers benefit from some of the most preferential rates in the region. As with any jurisdiction, keeping current with official guidelines is essential for optimal tax performance and compliance.