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.
Financial Information Directories
Dun & Bradstreet - Worldwide directory with financial information on businesses
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Latest Update: May 2024
Namibia: Operating a Business in Namibia
