Official Name: Namibia
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Namibia, located in southwestern Africa, possesses a captivating history, diverse culture, thriving economy, and stable political system. This page provides an overview of these aspects, showcasing the unique character and progress of this remarkable nation.
History: Namibia’s history is marked by a combination of indigenous cultures and colonial influences. The land was inhabited by various San, Damara, and Nama tribes for thousands of years. In the late 19th century, Namibia became a German colony known as German South-West Africa. After World War I, the League of Nations mandated South Africa to administer the territory. Namibia experienced a period of struggle for independence, culminating in the Namibian War of Independence, which lasted from 1966 to 1990. Namibia finally gained independence in 1990, becoming one of the youngest nations in Africa.
Culture: Namibia’s culture reflects its diverse ethnic groups, including the Ovambo, Herero, Damara, Himba, and San communities, among others. Each group has its distinct traditions, languages, and art forms. The official language is English, but Oshiwambo, Otjiherero, and Nama are also widely spoken. Namibian art and craft showcase intricate beadwork, woodcarving, pottery, and traditional jewelry, demonstrating the rich cultural heritage. Traditional music and dances, such as the Oshiwambo “Omagongo” festival and the Damara “Damara Punch,” celebrate community, storytelling, and ancestral connections.
Economy: Namibia has a developing mixed-market economy with a strong focus on mining, tourism, and agriculture. The country is rich in natural resources, including diamonds, uranium, copper, and zinc. Mining plays a significant role in Namibia’s economy, contributing to export revenue and employment opportunities. The tourism sector has experienced steady growth, attracting visitors with its diverse landscapes, including the Namib Desert, Etosha National Park, and the Fish River Canyon. Agriculture, including livestock farming and crop cultivation, supports rural livelihoods and contributes to food security.
Politics: Namibia has a stable political system based on a multi-party democracy. The President is both the head of state and government, elected through a popular vote. The National Assembly, the country’s legislative body, is responsible for making laws and representing the interests of the Namibian people. Namibia has a reputation for upholding democratic principles, good governance, and the rule of law. The government is committed to addressing social and economic disparities, promoting inclusive development, and preserving the rights and welfare of its citizens.
In conclusion, Namibia is a nation with a rich history, diverse culture, thriving economy, and stable political system. Its journey from colonization to independence is a testament to the resilience and determination of its people. Namibia’s cultural heritage, natural beauty, and commitment to sustainable development make it a remarkable destination. Whether exploring its stunning landscapes, immersing in its vibrant traditions, or engaging with its friendly communities, Namibia offers a unique and enriching experience for visitors from around the world.
What is the best type of company for all product and services to operate?
Tax Resident (LLC)
How much is a corporate tax in Namibia?
How much is VAT in Namibia?
How much does it cost to register a company in Namibia?
$ 12000 USD
What is the minimum capital required to register a company?
$ 1 USD
Do company executives should travel to Namibia to complete the company registration?
How long does it take to register a company?
Is it necessary to have an office physically to register a company?
The benefit of company registration in Namibia
Registration of a company in Namibia can be done with a manager and a shareholder.
Managers and shareholders do not need to travel to Namibia to register a company and complete the process.
Managers and shareholders can be of any nationality.
The minimum capital required to register a company is $ 1.
High government incentives for manufacturing and trading companies
Government incentives for registering companies in free zones such as 100% tax exemption, VAT and customs duties
Namibia is one of the richest fishing areas in the world with a 1500 km coastline
Largest exporter of fisheries in South Africa
The disadvantage of company registration in Namibia
Registering a company in Namibia is very complicated and time consuming.
High corporate tax in Namibia
High corruption and bureaucracy
Namibia is the 104th country in terms of convenience in starting a business.
Namibia’s strong dependence on mining
Type of company registration in Namibia
Limited Liability Company
Public Limited Company
The company registration process
Submit a company registration application
Specify the name for company
Preparation and regulation of the company’s articles of association, including the name, type of company, goals of the company, names of shareholders and the amount of shares, names of company managers, address and telephone number of the company
Opening a bank account for the company and depositing the initial capital of the company
Preparation of the company seal
Publication of company registration in Namibia in domestic newspapers
File with the tax office and receive a tax code
File a case with the Social Security Organization