Namibia has a population of more than 2 million people, with agriculture, mining, and tourism the top industries. Corporate tax rates vary based on industry and type of business. The tax year corresponds with the company financial year, with tax payments due based on financial year.

Some labor and payroll considerations in Namibia include:

  • Work contracts can be written or verbal
  • Minimum wage is NAD 1,564 per month for domestic workers
  • New employees need to register for income tax with the Inland Revenue Department (IRD)
  • Employee income tax is deducted from employee pay using a Pay As You Earn (PAYE) system
  • Social security contributions are withheld from employee pay
  • Employers must also contribute to social security
  • Foreign workers must obtain a work visa in order to begin working in Namibia
  • Companies must prove they have announced a job locally before hiring a foreign worker

Getting started or simplifying operations in Namibia can be challenging. Blue Marble has created easy-to-use payroll technology with aggregated, customized reporting so you can view your payroll in real-time across all countries and currencies. Our hybrid service model gives you a dedicated US-based service team and in-country experts to help when questions come up. To learn more about simplifying your payroll in Namibia, click here