Your compliance checklist for BIPA Namibia. Miss one item and you risk penalties, deregistration, or personal liability.
Tick off every item. Under the Close Corporations Act 26 of 1988 and Companies Act 28 of 2004, these are non-negotiable obligations.
Due within 30 days of your registration anniversary. BIPA fee: N$50 (CC), varies by share capital (Pty Ltd). Late penalty: N$200 per month. Persistent non-filing leads to deregistration.
Required under the Financial Intelligence Act (FIA) Namibia. Must reflect the latest ownership. 25%+ ownership threshold applies. Update within 21 days of any change.
Any changes to members, name, or registered address must be filed via Form CK2 with BIPA. Amendments must be submitted promptly; delays attract penalties.
BIPA must have your current Namibian registered address at all times. Update within 30 days of any change. A PO Box is not accepted as a registered address.
Appointing or removing members (CC) or directors (Pty Ltd) must be notified to BIPA. File the appropriate amendment forms within the required timeframe.
Required under the Companies Act 28 of 2004 (Pty Ltd) and Close Corporations Act 26 of 1988 (CC). Financial statements must be prepared annually and kept at the registered office.
Keep your NamRA (Namibia Revenue Agency) tax clearance certificate current. Expired clearance prevents you from tendering for government work, opening bank accounts, and entering contracts.
The Protection of Personal Information Act (Act 4 of 2013) applies if your business processes personal data. You must have appropriate measures in place to protect personal information.
BIPA does not ignore late filings. Namibian law imposes real consequences. Here is what happens when you fall behind.
N$200 per month penalty for overdue annual returns. BIPA escalates penalties the longer you delay. These accumulate rapidly and can exceed the original filing fee.
Persistent non-compliance leads to involuntary deregistration by BIPA. A deregistered entity ceases to exist legally: you lose your name, your bank accounts are frozen, and you cannot trade.
Directors and members may face personal liability under Namibian law for compliance failures. The corporate veil does not protect those who ignore their statutory obligations.
Non-compliant entities cannot open bank accounts, tender for government or corporate work, or sign legally binding contracts. Compliance failures directly block business operations.
We handle annual returns, BO declarations, CK2 amendments, and more, all filed with BIPA on your behalf. Stay compliant without the stress.