Business
Business in Namibia: accounts, companies, permits
We help you open a bank account, register a company and understand the permit process — with local partners on the ground.
We help you open a bank account, register a company and understand the permit process — with local partners on the ground.
Banks in Namibia are required to identify their customers under the Financial Intelligence Act, 2012 (KYC). We help you prepare the document package and arrange the meeting; the bank makes the decision.
On 19 June 2026 the FATF plenary removed Namibia from its list of jurisdictions under increased monitoring (Ministry of Finance of Namibia). The EU's own list has not changed yet: the EU Delegation expects Namibia to be removed by the end of 2026 (statement of 7 July 2026).
Banks publish separate document lists for individuals, companies and foreign companies. We match the list to your situation before you apply.
The Namibian dollar is pegged 1:1 to the South African rand within the Common Monetary Area. Currency rules are set by the Bank of Namibia.
Our partners in Windhoek arrange the bank meeting and, where needed, an auditor or accountant for the company side.
Sources (accessed 3 Oct 2026): Ministry of Finance of Namibia, release of 19 June 2026 · EU Delegation to Namibia, 7 July 2026 · Financial Intelligence Centre of Namibia · FNB Namibia, KYC document lists.
Namibia has many niches that are still open. We help you choose one, set up the company and get the first operations running.
We discuss your goal, budget and niche. Terms and costs are confirmed individually.
With local lawyers we help pick the niche and the legal form of the company.
Company registration and a bank account, with the document package prepared in advance.
We explain which permit your activity needs and introduce a local accountant, customs broker or real estate agent.
Foreigners can hold freehold property, including land (except agricultural land), under the established legal procedure. Confirmed in practice by our partners in Namibia; terms are confirmed at a consultation.
In most sectors a foreigner can own 100% of a company: no local partner is required (except in a few sectors), and a local director is not required in most industries. Confirmed in practice by our partners.
The trip packages include four business meetings: an immigration officer, a real estate agent, a customs broker or logistician, and an auditor. If you want to test a business idea on the ground, see the business trip.
Business decisions are easier to make once you have seen the country and met the people. We arrange a business trip with partners who know Namibia from the inside.
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⤢Our travel partners arrange a personal itinerary: business meetings in Windhoek, coastal atmosphere in Swakopmund, property viewings — with no rush and no "buy here and now" pressure. Hotels along the route are booked through partners — at no markup: any option you choose, or we'll find the best fit for your preferences.
A personal itinerary across 4 Namibian cities in a rented car with a driver — in two formats. Choose the number of guests to see the exact price.
A scenic ~900 km route: from the coast — to the national park — to Windhoek, instead of a long drive. More time for business and rest, fewer hours on the road.
€4000 for the whole flight — a fixed price regardless of the number of passengers (up to 4).
Prices are listed at cost. Our earnings come from partner contracts with hotels, car-rental companies, insurers, and safari-tour operators.
Figures below are as of 3 October 2026 and link to their sources. Several large projects are still waiting for investment decisions, so they are described as plans, not results.
TotalEnergies operates the Venus field, and the national company NAMCOR holds 10%. In April 2026 Namibia's Petroleum Commissioner said she expected a final investment decision before the end of the fourth quarter of 2026, with first oil targeted for 2029–2030. TotalEnergies' chief executive has said the decision depends on keeping costs below $20 a barrel. Until the decision is taken, this remains a plan.
Hyphen's project near Lüderitz would, at full development, combine about 7 GW of renewable generation and 3 GW of electrolysers to produce two million tonnes of green ammonia a year, for an investment of around US$10 billion. On 22 September 2026 Hyphen said it was targeting a final investment decision on the first phase (one million tonnes a year) by the end of 2027, and that the African Development Bank had selected it for a US$5.93 million reimbursable grant towards that decision.
Sources (accessed 3 October 2026): IMF, 2026 Article IV consultation with Namibia (11 June 2026) · Bank of Namibia, monetary policy statement (12 August 2026) · Hyphen, press release (22 September 2026) · Ecofin Agency on the Venus review (1 April 2026) · World Nuclear Association, Namibia · Namport, new container terminal (2019) · New Era, terminal handover · Constitution of Namibia, Article 1.
Foreigners who want to work or run a business in Namibia need the right permit under the Immigration Control Act, 1993. Each application is decided individually.
This information is for reference only and is not legal advice. Terms, timelines and costs depend on the category and are confirmed with a lawyer at a consultation.
Section 27 of the Act lets the Immigration Selection Board grant a permit for employment, running a business or a profession, for a period and on conditions the Board sets in the permit.
Section 26 sets a separate procedure. The Act sets no minimum period of residence, and the Board decides each case. A permit can lapse after a long absence from the country (s. 26(5)).
We help you prepare the document package and arrange the meeting with a bank. The bank decides on every application, so we do not promise approval, a timeline or a specific bank. Requirements are confirmed at a consultation.
Not any more. On 19 June 2026 the FATF plenary removed Namibia from its list of jurisdictions under increased monitoring. The EU's own list has not changed yet: the EU Delegation expects Namibia to be removed by the end of 2026.
A foreigner who wants to work or run a business in Namibia generally needs a work or business permit under section 27 of the Immigration Control Act, 1993. The Immigration Selection Board decides each application. Details are confirmed with a lawyer at a consultation.
No. We do not take applications where the funds come from crypto assets.
The cost depends on the case and is confirmed at a free consultation before you pay for anything.
Whether it's a bank account, a company or a business idea — tell us where you are, and we'll tell you the next step.
This material is for informational purposes only. Namibia's immigration and tax laws can change — for up-to-date information, please get in touch for a consultation.
Visas, park fees and gate times, driving, health and permits — checked against official sources.