Namibia Investment Promotion and Development Board
LEGAL, POLICY AND INCENTIVES
FRAMEWORKS
We are engaged in the determination, implementation and communication of major legal and policy reforms as well as incentives in an endeavour to cultivate a favourable business environment and build trust relationships with our investors.
Namibia’s foreign investment space is currently governed by the Foreign Investment Act (27 of 1990).
The Foreign Investment Act will soon be replaced by the Namibia Investment Promotion Act (NIPA) which is currently being amended to particularly provide the private sector with greater room for growth, and inspire reinvestment in Namibia.
Different sectors are subject to their enabling legislation, and potential investors are encouraged to familiarise themselves with the sector specific laws and policies, particularly where acquiring permits and licences are prerequisites to doing business.
TRADE AGREEMENTS
Namibia prides herself for having bilateral trade agreements with several counties, such as: Angola, China, Cuba, Austria, Finland, France, Germany, Ghana, India, Italy, Malaysia, the Netherlands, Tunisia, Zimbabwe, Russia, Spain, Switzerland and Vietnam.
- African Continental Free Trade Area (AfCFTA);
- African Growth and Opportunity Act (AGOA);
- Namibia-Zimbabwe Preferential Trade Agreement;
- Southern African Customs Union (SACU);
- Southern African Customs Union (SACU) – European Free Trade Association (EFTA);
- Southern African Customs Union (SACU) – Southern Common Market (MERCOSUR);
- Southern African Customs Union (SACU) and Mozambique- United Kingdom (UK) Economic Partnership Agreement;
- Southern African Development Community (SADC);
- Southern African Development Community (SADC) – European Union (EU) Economic Partnership Agreement (EPA); and
- World Trade Organisation
QUICK LINKS
Get in touch with us
- Investment House
- Cnr. of Garten & Dr. A B May Streets
- Private Bag 12039
- Windhoek, Namibia
- info@nipdb.com
- +264 (0) 83 333 8600
Work Hours
- Monday - Friday
- 08:00 am - 05:00 pm