Fees and timelines

Fees

Namibia LLC setup costs in Year 1 will amount to US$3,450 and annual company costs in Year 2 and thereafter will amount to US$2,180. The average fee per engagement amounts to US$8,950 including i) Namibia company incorporation, ii) corporate bank account setup, iii) legal registered office and iv) all government registration fees.

 LLCPLCBranch
Average engagement costsUS$8,950US$8,950US$10,150
Draft InvoiceNamibia LLC invoiceNamibia PLC invoiceNamibia branch invoice

Timelines

The average Namibia company registration period is 14 weeks as outlined below:

ServiceLLCPLCBranch
Engagement Planning2 weeks3 weeks4 weeks
Company incorporation period4 weeks8 weeks8 weeks
Bank Account approval4 weeks3 weeks4 weeks
Internet banking approval3 weeks1 week1 week
Engagement completion1 week1 week1 week
Total engagement period14 weeks16 weeks18 weeks

namibia business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Namibia, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
namibia-bank of namibia namibia-chamber of mines namibia-government namibia-ncci