Understanding corporate income tax and other business taxes in Namibia is crucial for companies operating within the country. Alongside corporate income tax, businesses should be aware of other taxes, including VAT, PAYE, import duties, withholding tax, and capital gains tax. It is advisable to consult with a tax professional or refer to the official website of the Namibia Revenue Agency (NamRA) for the most accurate and up-to-date information. By fulfilling their tax obligations, businesses can operate in compliance with Namibian tax laws and contribute to the growth and development of the country's economy while navigating the unique opportunities and challenges Namibia presents.
Namibia imposes corporate income tax on the profits earned by companies operating within its jurisdiction. The corporate income tax rate in Namibia is a flat rate of 32%. This rate applies to both resident and non-resident companies engaging in commercial, industrial, or professional activities in the country.
Namibia Revenue Agency (NamRA) Website: Official NamRA Website