Namibia others

Success tips when doing business in Namibia

    Investment and business guides in Namibia
  1. Your joint venture partner or Namibia shareholder must not merely be a nominee for the sake of meeting the rules of foreign company incorporation. You should choose a partner that actually brings a lot to the table, including local knowledge your business would need in Namibia;
  2. To optimize the success of your new business venture in Namibia, Healy Consultants recommends your firm i) complete a feasibility study ii) prepare a detailed business plan iii) communicate with the Namibia Chamber of Commerce iv) speak to your local embassy in Namibia and v) communicate with Healy Consultants Clients who successfully launched their business in Namibia;
  3. Foreign companies should be aware i) Namibia statistics and market data are usually imprecise ii) transactions tend to take longer than expected iii) more frequent and longer market visits are required, at least initially iv) complex business procedures are common;
  4. An essential factor in starting a business in Namibia is to thoroughly research the business sector you are planning to invest in. Healy Consultants recommends our Client prepare a detailed business plan including an extensive market study and evaluation of competitors.

Interesting facts about Namibia?

  1. Namibia has a literacy rate of 83%, which is one of the highest in Africa;
  2. The official currency of Namibia is Namibian Dollar. However, South African Rand is also a legal tender and can be used to purchase goods and services;
  3. 80% of Namibian land is made up of desert and the country is home to the oldest desert in the world (about 80 million years old);
  4. The largest economic sectors of Namibia include i) mining ii) agriculture and iii) tourism.

Frequently asked questions

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
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