Namibia flag Namibia: Operating a Business in Namibia

Starting a business in Namibia

Legal Forms of Companies

Limited Liability Company
Number of partners: 1 shareholder, 50 maximum
Capital (max/min): No minimum capital requirement
Shareholders and liability: The liability of the partners is limited to the shares.
Public Limited Company
Number of partners: 7 shareholders and 2 directors
Capital (max/min): No minimum capital requirement
Shareholders and liability: The liability of the partners is limited to their shares.
Private Limited Company
Number of partners: 1 shareholder, 50 maximum - minimum 1 director
Capital (max/min): No minimum capital requirement
Shareholders and liability: The liability of the partners is limited to their initial shares.
Sole Proprietorship
Number of partners: 1 shareholder
Capital (max/min): No minimum capital requirement
Shareholders and liability: Unlimited liability

Business Setup Procedures

Setting Up a Company Namibia Sub-Saharan Africa
Procedures (number) 10.0 7.5
Time (days) 54.0 21.3

Source: Doing Business - Latest available data.

 
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in Namibia.

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Latest Update: October 2022