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Close Corporation Fees in Namibia
Understanding Close Corporation Fees in Namibia is essential for entrepreneurs planning to start or manage a business. The registration process can be daunting, but with the right guidance, you can save time, energy, and money while ensuring compliance with all regulations.
In this guide, we’ll break down the official fees, explain the importance of proper registration, and show you how our services can simplify the process for you.
Understanding Close Corporation Fees in Namibia
The fees for close corporation (CC) registration and related services in Namibia are regulated by the Business and Intellectual Property Authority (BIPA). Below is a breakdown of these fees as of January 2020:
| Form | Description | Fees (N$) |
|---|---|---|
| CC1 | Registration of a Founding Statement | N$ 150.00 |
| CC2 | Registration of an Amended Founding Statement | N$ 60.00 |
| CC3 | Restoration of a Close Corporation | N$ 225.00 |
| CC5 | Registration of an order of the Court | N$ 60.00 |
| CC6 | Registration of a resolution to wind-up voluntarily | N$ 60.00 |
| CC7 | Annual Duty | N$ 120.00 |
| CC8 | Application for Reservation of a Name | N$ 75.00 |
| CC9 | Change of the end of the current financial year | N$ 60.00 |
These fees are only part of the process. Navigating the necessary documentation and ensuring compliance with BIPA requirements can be challenging, which is why professional assistance is invaluable.
Registering a Close Corporation (CC) is one of the most popular and affordable ways to start or formalise a small business in Namibia. It offers limited liability, simple management (up to 10 members), and lower ongoing compliance compared to a Private Company (PTY Ltd).
Our **complete remote CC registration package** is priced at **N$3,850.00 inc. VAT** — this is the full end-to-end service with no hidden fees. We handle everything remotely (no visit to Namibia required), including name reservation, document preparation, daily BIPA submissions, and delivery of certificates via email or courier. Typical turnaround: 7–14 working days.
Why Choose a Close Corporation (CC) in Namibia?
- Limited liability — members not personally responsible for company debts
- Simple structure — max 10 members, no board of directors required
- Low setup and ongoing costs — ideal for small businesses, artisans, sole traders, family operations
- Eligible for SME certificate, good standing, tax & social security registration
- Quick registration — faster than PTY Ltd in most cases
- Perfect for general business activities (administration, consulting, trading, crafts, services, etc.)
What’s Included in the CC Package (N$3,850.00 inc. VAT)
- Name reservation (Form CC8)
- Founding Statement (Form CC1)
- Accounting Officer consent letter
- All BIPA registration fees
- Beneficial Ownership (BO) filing
- Tax certificate (NamRA)
- Social Security Commission (SSC) registration
- Good Standing Certificate
- SME Certificate
- Employment Equity Certificate
- Full remote handling (certified ID/passport copies accepted)
- Secure delivery of final certificates & documents
No hidden fees — everything listed above is covered.
Full details & secure online payment:
View CC Package & Pay Online
CC vs. PTY Ltd – Quick Comparison
| Feature | Close Corporation (CC) | Private Company (PTY Ltd) |
|---|---|---|
| Max members/shareholders | 10 | 50 |
| Setup cost (full package) | N$3,850 | N$14,450 |
| Best for | Small businesses, solo/few owners | Growth, investors, foreign subsidiaries |
| Governance complexity | Simple | More formal (directors, shareholders) |
| Foreign ownership | 100% foreign ownership OK | 100% foreign ownership OK |
If your business is small or starting out, CC is usually the best choice. For scalability or 100% foreign ownership, see our PTY Ltd package.
Additional Costs to Consider
- Tender Compliance Certificate Package → N$4,750
- NAMFISA Licence (if regulated activities) → N$6,750
- Full Micro Lender (BIPA + NAMFISA) → N$12,850
- Accounting Officer Letter → N$400 (already included in CC package)
After Registration – Quick Tips
- Open a business bank account (guidelines from Bank of Namibia)
- Register for VAT if turnover > N$1 million/year (via NamRA)
- Register employees with Social Security Commission (SSC)
- Explore support/incentives via NIPDB
FAQs – Close Corporation Fees in Namibia
What is the current CC registration fee? (Close Corporation Fees in Namibia)
Our full remote package is N$3,850.00 inc. VAT — all-inclusive with certificates, name reservation, and support.
Can foreigners register a CC?
Yes, but at least one member must be a Namibian citizen or permanent resident. For 100% foreign ownership, consider our PTY Ltd package.
How long does CC registration take?
Typically 7–14 working days with daily BIPA submissions.
Do I need to visit Namibia?
No, we offer full remote process worldwide.
Stop Waiting on Stagnant Markets.
Strike Gold in Africa.
While Western economies face saturation and sluggish growth, African markets are booming. Namibia offers a highly politically stable, safe, business-friendly gateway to the African continent.
Join global investors scaling across 54 African jurisdictions with our business registration services.
What are the additional BIPA fees I should know about? (Close Corporation Fees in Namibia)
Additional BIPA fees include (Close Corporation Fees in Namibia):
CC2 (Amended Founding Statement) – N$60
CC3 (Restoration of a CC) – N$225
CC5 (Court Order Registration) – N$60
CC6 (Voluntary Winding Up) – N$60
CC7 (Annual Duty) – N$120
CC8 (Name Reservation) – N$75
CC9 (Change of Financial Year-End) – N$60
Do you help with other business services apart from CC registration?
Yes! We also assist with PTY and NGO registration, NAMFISA licensing, accounting officer letters, and tender certificates.
What is an Accounting Officer Letter and why do I need it?
It’s a mandatory letter from a certified accounting officer that confirms your business can manage its finances — required by banks and during registration.
Are there any hidden costs with your service? (Close Corporation Fees in Namibia)
No. Our packages are all-inclusive and transparent. The quoted fee covers BIPA fees, document preparation, and delivery.
How do I get started with your service?
Choose your package and pay securely online today. We’ll handle everything from there and keep you updated throughout the process.
Ready to Register Your Close Corporation?
Get compliant quickly and remotely — choose the CC package and pay securely online today.
View Full CC Package & Pay Online
Questions? Contact Us for a free consultation.
Why You Should Consider Professional Services
Save Time and Avoid Stress
Registering a close corporation in Namibia involves understanding bureaucratic procedures, legal requirements, and dealing with institutions such as BIPA. Without the proper experience, this process can be time-consuming and frustrating.
Our service simplifies everything for you:
- Quick Processing: Complete your registration in as little as 2-5 days.
- Expert Assistance: We handle all the paperwork and interactions with government agencies on your behalf.
- Nationwide Delivery: Receive your certificates and documents anywhere in Namibia.
Buy our Package and Submit Your Information, So That We Can Help You With Business Registration in Namibia
Let us take the hassle out of your business registration process! With my service, you can sit back and relax while I handle every detail, from start to finish. I’ll communicate directly with BIPA and all relevant authorities on your behalf, ensuring all paperwork and requirements are expertly managed without you lifting a finger. Say goodbye to the stress of running around — my reliable, streamlined service is designed to save you time and energy, so you can focus on what really matters: building your business.
Benefits of Choosing Our Service
- Expert Guidance: We collaborate with experienced accountants and lawyers in Namibia.
- Comprehensive Packages: From basic to advanced, our packages are designed to meet your specific needs.
- Convenience: We manage everything from document preparation to submission and delivery.
Additional Services
In addition to close corporation registration, we offer services such as:
- PTY registration packages.
- NGO registration.
- Namfisa license applications.
- Accounting officer letters for bank accounts and compliance.
Final Thoughts on Close Corporation Fees in Namibia
Starting your business doesn’t have to be overwhelming. With our professional services, you can focus on your business goals while we handle the complexities of registration. Our affordable packages, expert guidance, and reliable delivery make us the ideal partner for entrepreneurs in Namibia.
Stop Waiting on Stagnant Markets.
Strike Gold in Africa.
While Western economies face saturation and sluggish growth, African markets are booming. Namibia offers a highly politically stable, safe, business-friendly gateway to the African continent.
Join global investors scaling across 54 African jurisdictions with our business registration services.
Ready to get started? Contact us today and take the first step toward building your dream business.
Don’t let paperwork and procedures hold you back! Let us help you register your business effortlessly. Register Now and enjoy peace of mind knowing your business is in expert hands.
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