Ancillary Objects and Powers of Company in Namibia Understanding Ancillary Objects and Powers Under the Companies Act 28 of 2004 in Namibia, ancillary objects and powers refer to additional activities and capabilities that support the main objectives of a company.…
Companies in Namibia
Capacity, Powers and Objects in Namibia
Capacity, Powers and Objects in Namibia Understanding Capacity, Powers, and Objects The Companies Act 28 of 2004 in Namibia outlines the capacity, powers, and objects of companies, ensuring they operate within a legal framework that defines their purpose and capabilities.…
Mode of Forming Company in Namibia
Mode of Forming Company in Namibia Understanding the Formation Process Forming a company in Namibia involves several steps governed by the Companies Act 28 of 2004. This post will guide you through the process, from the initial planning stages to…
Prohibition of Associations or Partnerships Exceeding 20 Members and Exemption in Namibia
Prohibition of Associations or Partnerships Exceeding 20 Members and Exemption in Namibia Understanding the Prohibition of Associations or Partnerships Exceeding 20 Members and Exemption in Namibia The Companies Act 28 of 2004 in Namibia includes a provision that prohibits the…
Unregistered Associations Carrying on Business for Gain Not Corporate Bodies in Namibia
Unregistered Associations Carrying on Business for Gain Not Corporate Bodies in Namibia Understanding Unregistered Associations Carrying on Business for Gain Not Corporate Bodies in Namibia The Companies Act 28 of 2004 addresses the issue of unregistered associations carrying on business…
Effect of Conversion of Close Corporation into Company in Namibia
Effect of Conversion of Close Corporation into Company in Namibia Understanding the Effect of Conversion of Close Corporation into Company in Namibia The Companies Act 28 of 2004 outlines the implications of converting a close corporation (CC) into a company…
Conversion of Close Corporation into Company in Namibia
Conversion of Close Corporation into Company in Namibia Understanding the Conversion Process The Companies Act 28 of 2004 allows for the conversion of a close corporation (CC) into a company in Namibia. This conversion provides the flexibility for businesses to…
Conversion of Company into Close Corporation in Namibia
Conversion of Company into Close Corporation in Namibia Understanding Close Corporations The Companies Act 28 of 2004 provides a framework for converting a company into a close corporation (CC) in Namibia. This conversion offers several benefits, including simplified regulatory requirements…
Effect of Conversion and Alteration of Other Registers in Namibia
Effect of Conversion and Alteration of Other Registers in Namibia Understanding the Effect of Conversion and Alteration of Other Registers in Namibia The Companies Act 28 of 2004 outlines the implications of converting a company and how this affects its…
Registration of Conversion in Namibia
Registration of Conversion in Namibia Importance of Registration of Conversion in Namibia The registration of a company’s conversion is a crucial step under the Companies Act 28 of 2004 in Namibia. This process legally formalizes the changes in the company’s…
Contents and Form of Articles on Conversion in Namibia
Contents and Form of Articles on Conversion in Namibia Understanding the Articles of Conversion When a company in Namibia undergoes a conversion, the Companies Act 28 of 2004 requires the preparation and submission of amended articles of association. These articles…
Notice of Intended Conversion of Company in Namibia
Notice of Intended Conversion of Company in Namibia Importance of Notice The Companies Act 28 of 2004 mandates that companies intending to convert their structure must issue a notice of intended conversion. This requirement ensures transparency, allows stakeholders to prepare…
Conversion of Unlimited Company in Namibia
Conversion of Unlimited Company in Namibia Understanding Unlimited Companies Unlimited companies are a unique type of corporate structure where the liability of shareholders is not limited. This means that in the event of liquidation, shareholders may be required to contribute…
Conversion of Company Limited by Guarantee into Company Having Share Capital in Namibia
Conversion of Company Limited by Guarantee into Company Having Share Capital in Namibia Understanding the Conversion Process The Companies Act 28 of 2004 provides a framework for the conversion of a company limited by guarantee into a company having share…
Conversion of Company into Incorporated Non-Profit Association or Company Limited by Guarantee in Namibia
Conversion of Company into Incorporated Non-Profit Association or Company Limited by Guarantee in Namibia Understanding Conversion The Companies Act 28 of 2004 allows for the conversion of a for-profit company into an incorporated non-profit association or a company limited by…
Conversion of Public Company, Having Share Capital into Private Company, and Vice Versa in Namibia
Conversion of Public Company, Having Share Capital into Private Company, and Vice Versa in Namibia Understanding Company Conversion The Companies Act 28 of 2004 provides mechanisms for the conversion of a public company with share capital into a private company…
Incorporation of Certain Branches of Foreign Companies and Non-Profit Associations in Namibia
Incorporation of Certain Branches of Foreign Companies and Non-Profit Associations in Namibia Overview of Incorporation Requirements The Companies Act 28 of 2004 provides specific guidelines for the incorporation of branches of foreign companies and non-profit associations in Namibia. These provisions…
Meaning of “Private Company” and Cessation of Its Privileges in Namibia
Meaning of “Private Company” and Cessation of Its Privileges in Namibia Understanding Private Companies The Companies Act 28 of 2004 defines a private company and outlines the privileges and restrictions associated with this type of company in Namibia. This post…
Non-Profit Associations in Namibia
Non-Profit Associations in Namibia Understanding Non-Profit Associations in Namibia Non-profit associations in Namibia are entities established primarily for purposes other than generating profit. These organizations play a crucial role in promoting social, cultural, educational, and charitable activities. This post will…
Types of Companies in Namibia
Types of Companies in Namibia Overview of Company Types The Companies Act 28 of 2004 categorizes companies into various types based on their structure, ownership, and purpose. Understanding these different types of companies is crucial for anyone looking to establish…