Manner in which Securities may be Transferred in Namibia Understanding the Transfer of Securities Under the Companies Act 28 of 2004 in Namibia, the transfer of securities, including shares and debentures, must follow specific procedures to ensure legal compliance and…

Certification by Company that Security has been Lodged for Transfer in Namibia Understanding the Certification of Lodged Securities for Transfer Under the Companies Act 28 of 2004 in Namibia, companies must certify that a security has been lodged for transfer.…

Duty of Company with Reference to Person under Contractual Disability in Namibia Understanding the Duty of Companies Regarding Persons Under Contractual Disability Under the Companies Act 28 of 2004 in Namibia, companies have specific duties when dealing with persons under…

Warranty and Indemnity by Persons Lodging Documents of Transfer in Namibia Understanding Warranty and Indemnity in Securities Transfer Under the Companies Act 28 of 2004 in Namibia, individuals lodging documents for the transfer of securities must provide warranties and indemnities.…

Notice of Refusal to Register Transfer and Limitation of Time for Issue of Certificates on Transfer in Namibia Understanding the Notice of Refusal and Time Limits for Issuing Certificates Under the Companies Act 28 of 2004 in Namibia, companies have…

Disclosure of Beneficial Interest in Securities in Namibia Understanding the Disclosure of Beneficial Interest in Securities Under the Companies Act 28 of 2004 in Namibia, companies must ensure that the beneficial interests in securities are properly disclosed. This requirement aims…

Postal Address and Registered Office of Company in Namibia Understanding the Postal Address and Registered Office Requirements Under the Companies Act 28 of 2004 in Namibia, every company must maintain a registered office and postal address. This ensures that the…

Names of Directors to be Stated on Certain Documents of Company in Namibia Understanding the Requirement to State Directors’ Names Under the Companies Act 28 of 2004 in Namibia, companies are required to state the names of their directors on…

Certificate to Commence Business in Namibia Understanding the Certificate to Commence Business Under the Companies Act 28 of 2004 in Namibia, a company must obtain a certificate to commence business before starting any business activities. This certificate ensures that the…

Annual Return in Namibia Understanding the Annual Return Requirement Under the Companies Act 28 of 2004 in Namibia, companies are required to submit an annual return to the Registrar of Companies. This document provides a snapshot of the company’s status…

Annual Duty in Namibia Understanding the Annual Duty Requirement Under the Companies Act 28 of 2004 in Namibia, companies are required to pay an annual duty to the Registrar of Companies. This duty is a fee that companies must pay…

Annual Duty Payable by External Company in Namibia Understanding the Annual Duty for External Companies Under the Companies Act 28 of 2004 in Namibia, external companies—those incorporated outside Namibia but operating within its borders—are required to pay an annual duty…

Enforcement of Duty of Company to Make Returns to Registrar in Namibia Understanding the Enforcement of Duty to Make Returns Under the Companies Act 28 of 2004 in Namibia, companies are required to submit various returns to the Registrar of…

No Division into Interests, Rights to Profits or Shares in Guarantee Companies in Namibia Understanding Guarantee Companies A guarantee company is a type of company structure where the liability of its members is limited to the amount they agree to…

Company Not to be Member of its Holding Company in Namibia Understanding the Prohibition The Companies Act 28 of 2004 in Namibia includes a provision that prohibits a company from being a member of its holding company. This regulation ensures…

No Financial Assistance to Purchase Shares of Company or Holding Company in Namibia Understanding the Prohibition The Companies Act 28 of 2004 in Namibia includes a provision that prohibits companies from providing financial assistance for the purpose of purchasing their…

Power as to Pre-Incorporation Contracts in Namibia Understanding Pre-Incorporation Contracts in Namibia Pre-incorporation contracts are agreements made on behalf of a company before it is legally formed. The Companies Act 28 of 2004 in Namibia outlines the legal framework governing…

Loans Made and Security Provided by Subsidiary in Namibia Understanding Loans and Security by Subsidiaries Under the Companies Act 28 of 2004 in Namibia, subsidiaries are allowed to make loans and provide security for loans. These activities are subject to…

No Constructive Knowledge in Namibia Understanding Constructive Knowledge in Namibia Under the Companies Act 28 of 2004 in Namibia, the concept of “no constructive knowledge” plays a crucial role in the dealings between companies and third parties. This principle ensures…

Dealings Between Company and Other Persons in Namibia Understanding Company Dealings and Other Persons in Namibia The Companies Act 28 of 2004 in Namibia outlines how companies should engage in dealings with other persons, including individuals, businesses, and government entities.…