Namibia

Paying Taxes in

Namibia

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 3 41 34% but 18% for qualified manufacturer taxable profits 4 concessional rate
Fuel tax 1 fuel consumption 1.7
Property tax 12 various rates property value 1.6
Vehicle tax 1 fixed fee type of vehicle 1.5
Social security contributions 12 46 0.900% gross salaries 1
tax on insurance 1 1% insurance premium 0
Stamp duty 1 NAD 5 per contract small amount
Value added tax (VAT) 6 288 15% value added not included
Totals: 37 375 9.8