The Namibia Investment Promotion and Development Board (NIPDB), an entity within the Office of the President, advises investors on procedures for entering the Namibian market and establishing a business. NIPDB’s services include assisting investing companies with registration and facilitating applications for work permits.
To conduct business in Namibia, it is helpful (though not required) to have a local presence or a local partner. It may be worthwhile to establish business relationships before tender opportunities are announced. U.S. firms should seek local partners with a good reputation in their line of business or a complementary business. The NIPDB can assist foreign investors and companies in identifying local partners.
The Business and Intellectual Property Authority (BIPA) is a one-stop-center for all business and intellectual property rights (IPR) registrations and related matters. In 2017, the Ministry of Industrialization and Trade (MIT) launched NamBizOne, a single-window information portal to guide domestic and foreign investors on the administrative and legal requirements to invest, start, and run a business in Namibia. This portal includes guidance on submitting an investment proposal, incorporating one’s business, registering for tax and social security purposes, and applying for all relevant licenses. In October 2022, the Namibia Investment Promotion and Development Board (NIPBD) rolled out the digital nomad visa program. The program allows foreigners to work, travel, or study remotely in Namibia for up to six months. In 2022, Namibia also launched its One-Stop Center (OSC) to streamline procedures and enable investors to conduct their businesses under one roof. The center, which is housed within NIPDB is a single access point for information and services to investors and offers services including business registration, visa and work permit applications, tax registration, land and property acquisition, and information on fiscal and non-fiscal incentives.