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Official Fees:
USD 700.00
Professional Fees:
USD 250.00
Disbursements:
USD 100.00
Courier Fees:
USD 100.00
VAT:
USD 172.50
USD 1,322.50
Service Description
1. Incorporation of a Company:
- Types of Activities Offered: Facilitation of various types of company incorporations in Namibia, including private companies, public companies, and external companies.
- Terms of Opening a Company: Process includes name reservation, drafting of memorandum and articles of association, submission of incorporation documents to the Registrar of Companies, and obtaining the Certificate of Incorporation.
- Required Share Capital: Namibia's Companies Act does not stipulate a minimum share capital requirement for private and public companies,unless the industry in which the company intends to operates is regulated.
- Relevance of Beneficiary/Director Nationality: Nationality of directors and shareholders is critical. Private companies require at least one director residing in Namibia; public companies need at least one Namibian citizen as director.
- Cost of Services: Comprehensive fee covering name reservation, drafting, submission, and incorporation. Details available on request.
- State Fees: Registration fees to the Registrar of Companies vary based on company type and authorized share capital.
2. Opening of a Company Bank Account:
- List of Possible Banks: Assistance with opening accounts at major banks in Namibia, including Bank Windhoek, Standard Bank Namibia, First National Bank (FNB) Namibia, and Nedbank Namibia.
- Account Opening Conditions: Requirements typically include:
- Certified copies of Certificate of Incorporation and Memorandum & Articles of Association.
- Identification documents of directors and shareholders.
- Proof of residential addresses.
- Business plan (required by some banks).
- Resolution from the board authorizing account opening.
- Fees: Bank charges vary and may include account opening fees, monthly maintenance fees, transaction fees, and minimum balance requirements.
This breakdown offers a clear overview of the services provided by Afrika Jantjies and Associates, tailored for fintech companies and entities seeking to incorporate in Namibia. For detailed quotes or further inquiries, please contact us directly.
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