Namibia - Market Entry StrategyNamibia - Market Entry Strategy
The Namibian Investment Center (NIC) advises investors on procedures for entering the Namibian market and establishing a business. NIC’s services include assisting investing companies with registering and facilitating applications for work permits.
In order to do business in Namibia, it is helpful (though not required) to have a local presence or a local partner. It is 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 World Bank’s Doing Business 2019 report notes that it takes 10 procedures and an average of 66 days to start a business. Some accounting and law firms provide business registration services. In 2014, the Namibian government created the Business and Intellectual Property Authority (BIPA) – a one-stop-center for all business and IPR registrations and related matters. In 2017, the Ministry of Industrialization, Trade & SME Development 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.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
In order to do business in Namibia, it is helpful (though not required) to have a local presence or a local partner. It is 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 World Bank’s Doing Business 2019 report notes that it takes 10 procedures and an average of 66 days to start a business. Some accounting and law firms provide business registration services. In 2014, the Namibian government created the Business and Intellectual Property Authority (BIPA) – a one-stop-center for all business and IPR registrations and related matters. In 2017, the Ministry of Industrialization, Trade & SME Development 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.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.