Category: Companies Act, 2004 (Act No. 28 of 2004) (and Corporate Laws Amendment Framework)

Drafting Compliant Memorandums and Articles of Association under the Companies Act in Namibia Learn how to draft compliant memorandums and articles of association in Namibia under the Companies Act 28 of 2004, including CM2, CM44A, BIPA registration, share capital and company compliance requirements. Drafting compliant memorandums and articles of association is a fundamental step in…

Standard Operating Procedures for Allotting Shares and Issuing Share Certificates in Namibia Learn the standard operating procedures for allotting shares and issuing share certificates in Namibia, including Companies Act 28 of 2004 compliance, BIPA requirements, shareholder registers, share numbering, and corporate governance. Allotting shares and issuing share certificates are important corporate governance procedures for companies…

Director Duties, Fiduciary Responsibilities, and Fines under the Companies Act in Namibia Learn about directors’ fiduciary duties, legal responsibilities, personal liability, fines, and corporate governance under Namibia’s Companies Act 28 of 2004. Directors of companies in Namibia have important legal responsibilities that extend beyond managing daily business operations. They must act honestly, protect the company’s…

Standard Operating Procedures for Appointing Company Secretaries and Maintaining Statutory Registers in Namibia Learn the standard operating procedures for company secretary appointment, statutory registers Namibia, BIPA filings, statutory returns filing and company compliance under the Companies Act 28 of 2004. Appointing a company secretary and maintaining accurate statutory registers are important parts of company registration…

Managing Annual General Meetings (AGMs) and Passing Corporate Resolutions in Namibia Learn how to manage shareholder meetings in Namibia, comply with AGM notice periods, pass ordinary and special resolutions, maintain meeting minutes, and meet BIPA corporate compliance requirements. Annual general meetings (AGMs) and corporate resolutions are essential components of company governance in Namibia. They provide…

Registration Requirements for Converting a Close Corporation into a Company in Namibia Learn the registration requirements for close corporation conversion in Namibia, including BIPA conversion requirements, CM 45 forms, member consent, company documents, and post-conversion compliance. Converting a close corporation (CC) into a company in Namibia allows an existing business to adopt a corporate structure…

How to Register a Section 21 Company (Association Incorporated Not for Gain) in Namibia Learn how to register a Section 21 company in Namibia, including BIPA registration requirements, CM5, CM3, CM4, CM44B forms, NGO constitution, notarisation, and NamRA tax exemption. Registering a Section 21 company in Namibia is a formal way to establish a non-profit…

Obtaining Certificates of Incorporation and Tax-Exempt Status for Non-Profits in Namibia Learn how to register a Section 21 company in Namibia, obtain a Certificate of Incorporation through BIPA, apply for NamRA welfare organisation status, and understand NGO tax exemption and compliance requirements. Registering a non-profit organisation in Namibia involves more than establishing a legal entity.…

Mandatory Financial Reporting and Annual Return Filings with BIPA in Namibia Learn about annual returns in Namibia, BIPA annual duty fees, Form CM23, Form CC7, beneficial ownership declarations, financial reporting, filing deadlines, and company compliance requirements. Annual returns and financial reporting are essential components of business registration compliance in Namibia. Companies and close corporations registered…

Standard Operating Procedures for Appointing Company Auditors and Lodging Financial Statements in Namibia Learn the procedures for auditor appointment in Namibia, auditor acceptance, Companies Act compliance, CM 29, CM 30 and CM 31 filings, annual financial statement audits, AGM requirements, and lodging financial statements. Appointing an independent auditor and preparing annual financial statements are essential…