Namibia Geography, Economy, and Culture
Namibia gained independence from South Africa in 1990 and is also bordered by Zambia and Angola. Its economy relies on mineral extraction and processing for export, with mining accounting for 12.5% of its GDP. Namibia is among the largest global producers of uranium as well as zinc and smaller quantities of copper and gold.
With its capital in Windhoek, Namibia has a population of 2.4 million and is one of the least densely populated countries in the world. Primary languages include Oshivambo, Nama, Afrikaans, Otjiherero, Kavango, Caprivi, and English (official). Namibians are mostly Christians, with at least fifty percent practicing Lutheranism. Namibia’s focus on environmental conservation and protection of natural resources has resulted in its government’s emphasis on allocating funds towards resource management in a climate that is one of the driest in the world.
|March 21||Independence Day|
|March 22||Independence Day observed|
|April 2||Good Friday|
|April 5||Easter Monday|
|May 1||Workers’ Day|
|May 4||Cassinga Day|
|May 13||Ascension Day|
|May 25||Africa Day|
|August 26||Heroes’ Day|
|December 10||Day of the Namibian Women and International Human Rights Day|
|December 25||Christmas Day|
|December 26||Family Day|
|December 27||Family Day observed|
- Close Corporation
- Companies (Private, Public and Section 21)
- Sole Trader
- Corporate Tax: 32%
- Income Tax (Lowest Marginal Rate): 0%
- Income Tax (Highest Marginal Rate): 37%
- VAT/GST/Sales Tax: 15%
- Bank Windhoek (Commercial Bank)
- FIDES Bank Namibia (Commercial Bank)
- First National Bank (South Africa) (Commercial Bank)
- Nedbank (Commercial Bank)
- Standard Bank (Commercial Bank)
Aadmi can support you with your expansion to Namibia. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns. Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.
Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.