The Ultimate Guide to Close Corporation Fees in Namibia

If you’re planning to register a close corporation or make changes to an existing one in Namibia, it’s essential to know the Close Corporation Fees involved. In this blog post, we’ll cover all the fees related to close corporation registration and maintenance.

The Ultimate Guide to Close Corporation Fees in Namibia
The Ultimate Guide to Close Corporation Fees in Namibia

CC1: Registration of a Founding Statement

To register a close corporation in Namibia, you’ll need to submit a founding statement using form CC1, which costs N$150-00.

CC2: Registration of an Amended Founding Statement

If you need to amend your founding statement’s particulars in Part A, you’ll need to submit form CC2, which costs N$60-00.

CC3: Restoration of the Registration of a Corporation

If your corporation has been deregistered, you’ll need to apply for restoration using form CC3, which costs N$225-00.

The Ultimate Guide to Close Corporation Fees in Namibia
The Ultimate Guide to Close Corporation Fees in Namibia

CC5: Registration of an Order of the Court

If a court orders a change to your corporation, you’ll need to submit form CC5, which costs N$60-00.

CC6: Registration of a Resolution to Wind-up Voluntarily

If your corporation is winding up voluntarily, you’ll need to submit form CC6, which costs N$60-00.

CC7: Annual Duty

All corporations registered in Namibia must pay an annual duty of N$120-00 to maintain their status.

The Ultimate Guide to Close Corporation Fees in Namibia
The Ultimate Guide to Close Corporation Fees in Namibia

CC8: Application for Reservation of a Name

To reserve a name for your corporation, you’ll need to submit form CC8, which costs N$75-00.

CC9: Change of the End of the Current Financial Year

If you need to change the end of your corporation’s current financial year, you’ll need to submit form CC9, which costs N$60-00.

The Ultimate Guide to Close Corporation Fees in Namibia
The Ultimate Guide to Close Corporation Fees in Namibia

Knowing the fees involved in registering and maintaining a close corporation in Namibia can help you plan your finances and avoid unexpected costs. Be sure to keep these Close Corporation Fees in mind when making any changes to your corporation.

Frequently Asked Questions

What is a Close Corporation?

A Close Corporation is a type of business structure in Namibia.

What is the fee for registering a Founding Statement for a Close Corporation?

The fee for registering a Founding Statement for a Close Corporation is N$150-00.

What is the fee for registering an Amended Founding Statement in respect of particulars in Part A thereof?

The fee for registering an Amended Founding Statement in respect of particulars in Part A thereof is N$60-00.

What is the fee for restoration of the registration of a Corporation?

The fee for restoration of the registration of a Corporation is N$225-00.

What is the fee for registering an order of the Court for a Close Corporation?

The fee for registering an order of the Court for a Close Corporation is N$60-00.

What is the fee for registering a resolution to wind-up voluntarily?

The fee for registering a resolution to wind-up voluntarily is N$60-00.

What is the fee for the Annual Duty for a Close Corporation?

The fee for the Annual Duty for a Close Corporation is N$120-00.

What is the fee for the Application for reservation of a name for a Close Corporation?

The fee for the Application for reservation of a name for a Close Corporation is N$75-00.

What is the fee for changing the end of the current financial year for a Close Corporation?

The fee for changing the end of the current financial year for a Close Corporation is N$60-00.

Are there any other fees or charges related to Close Corporations not listed in this table?

It’s not clear from this table if there are any other fees or charges related to Close Corporations not listed here.