Last Updated on September 11, 2024 by Elidge Staff
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How to Register or Amend Your Close Corporation in Namibia
Do you want to register or amend your close corporation in Namibia? Registering or amending your Close Corporation is necessary to conduct a business legally in Namibia. This service is offered by the Ministry of Industrialization, Trade and SME Development through the agency of Business and Intellectual Property Authority (BIPA).
Namibia” class=”wp-image-35417″/>How to register your Close Corporation:
There are two ways to register your Close Corporation:
- Visit the e-service portal to complete the application online.
- Visit the Directorate of Commerce in the Ministry of Industrialization, Trade and SME Development (MITSMED) to collect the paper forms.
Required Documents for Registering Your Close Corporation:
To register your Close Corporation, you must submit the following documents (for over the counter submission only):
- Approved and valid Name Reservation form or the email notification if you have done the name reservation process online
- Completed CC1 Form (in Triplicate)
- Consent Letter from a Certified Public Accountant
- If signing on behalf of someone, please attach Power of Attorney
- If signing on behalf of a minor, please attach Full Birth Certificate and written statement
- If non-Namibian, attach the following as well:
- Copy of Passport
- Written Statement IRO Nationality
Namibia” class=”wp-image-35418″/>How to Amend your Close Corporation:
Currently, only over the counter submission is available to amend your Close Corporation. You can do so by submitting the following documents:
- Completed CC2 Form (In triplicate)
- In the case of business name change, please also submit the approved and valid Name Reservation form or the email notification if you have done the name reservation process online
- Close Corporation file (must be requested from the office prior to submission of amendment)
- In case of a deceased member on the CC, Executors Letter must be provided
Namibia” class=”wp-image-35419″/>Required Documents for Amending Your Close Corporation:
- Completed CC2 Form (In triplicate)
- In the case of business name change, please also submit the approved and valid Name Reservation form or the email notification if you have done the name reservation process online
- Close Corporation file (must be requested from the office prior to submission of amendment)
- In case of a deceased member on the CC, Executors Letter must be provided
Compliance Requirements After Registering Your Close Corporation:
After registering your Close Corporation, you must also ensure compliance with the requirements of other relevant institutions, namely:
- The Ministry of Finance (registration for VAT and Company Tax)
- The Ministry of Labour
- The Ministry of Home Affairs (work permits, visas, etc.)
- The Social Security Commission
- NAMFISA
- Local Authority by-laws such as those specified by the City of Windhoek, or local authorities in Swakopmund, Walvis Bay, Keetmanshoop, Oshakati, etc.
Registering or amending your Close Corporation is important to conduct a business legally in Namibia. You can do so through the website or by visiting the Directorate of Commerce in the Ministry of Industrialization, Trade and SME Development. Don’t forget to ensure compliance with the requirements of other relevant institutions after registering your Close Corporation.
Namibia” class=”wp-image-35420″/>Frequently Asked Questions
If you have more questions, look through our blog for answers!
