VAT Registration (Namibia)

VAT Registration in Namibia

Registering for VAT in Namibia is an important step for businesses that meet the required turnover threshold. GFI offers affordable, professional, and efficient VAT registration services in Namibia to help businesses meet their tax compliance obligations with confidence. In Namibia, VAT is charged at the standard rate of 15% on the supply of most goods and services, as well as on the importation of goods.

When VAT Registration Is Mandatory

VAT registration is compulsory for any person or business carrying on taxable activities in Namibia where the annual taxable turnover exceeds N$500,000.

Voluntary VAT Registration

A person or business may apply for voluntary VAT registration where the annual taxable turnover:

• does not exceed N$500,000, but
• exceeds N$200,000

However, voluntary registration may be declined if the Commissioner is satisfied that the applicant:

• has no fixed residence or place of business
• does not keep proper accounting records
• was previously registered and failed to comply with the Act
• has failed to comply with the Income Tax Act

Record-Keeping Requirements

Every registered VAT person is required to maintain proper accounting records:

• in the English language
• at the place of business in Namibia

Documents Required for VAT Registration in Namibia

An application for VAT registration should generally be accompanied by the following:

• Proof of banking details
• Fitness Certificate
• We may be able to assist even if you do not yet have this. Please get in touch with us.
• Founding Statement
• Indication of expected turnover for 12 months

VAT Registration Package Namibia

VAT Registration in Namibia

Once-off Fee: ZAR 6,950

Package Includes

• VAT number registration
• Assistance from VAT specialists affiliated with CIBA
• Premium discounted VAT registration package
• Review of proof of banking details
• Fitness Certificate support
• Founding Statement review
• 12-month cash flow projection support

Important VAT Compliance Note

A registered person must submit a VAT return on or before the 25th day of the month following the end of the relevant tax period.

Pricing Notes

• All prices are exclusive of VAT
• VAT is charged at 15% in Namibia and South Africa
• Exchange rate: 1 ZAR = 1 NAD

Ready to Register for VAT in Namibia?

Purchase your once-off VAT registration service today by clicking the “Contact Us Now”. For more information, speak to one of our consultants using the contact details provided.