In Namibia, there are different offshore entities, from which you can choose the one that best suits your needs to set up your company.

As international banking consultants, we offer you alternatives adapted to your needs, that is why we give you different options, you can choose a new company or a previously constituted one. Our experts are available to ensure that the company registration meets all your expectations, always adjusting to your interests and future projects.

The Namibian Limited Liability Company (LLC): This company needs 1 shareholder, who is not required to be from Namibia to open it. It can be incorporated with a share capital of US 1.

The company must obtain a lease and a registered auditor, assigned exclusively to carry out that work, since the company has the obligation to carry out an annual audit of its financial statements. However, resident companies are not required to submit financial statements to the government.

Namibia Public Limited Company (PLC): For this company, at least, seven shareholders and two directors are needed for the registration.

It must also go through a process of annual audits, so an auditor must be assigned to take care of the work.

This type of company is recommended for those company owners who want to obtain capital through the public listing of their company.

Branch in Namibia: It will not be considered a separate entity from the Parent Company. However, you can have an independent team and your own corporate bank account, logically defining the capacity of your operations through the parent company.

The requirements are: to keep legal records in Namibia and to possess a registered accountant and auditor in Namibia.

If you wish to set up in Namibia, you can contact foster swiss advisors. We can answer all your questions. Contact us through info@fosterswiss.com