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Business and Intellectual Property Authority
Account Number: 62268868357
Branch Code: 281 872 (Business Banking)
Swift Code: FIRNNANX
Bank Confirmation Letter
Business and Intellectual Property Authority (BIPA)
Account Number: 8003758105
Branch Code: 486-372 (Capricorn Branch)
Bank Confirmation Letter
Business and Intellectual Property Authority
Account Number: 12991172791
Branch Code: 461 617 (Business Centre)
Swift Code: NEDSNANX
Bank Confirmation Letter
Please note that the fees reflected under ‘Effective 01 January 2020’, are the fees payable for an application / service as of 01 January 2020.
| DESCRIPTION / SERVICE | CORRESPONDING FORM (IF ANY) | EFFECTIVE 01 JANUARY 2020 | CURRENT | ANY OTHER ADDITIONAL FEES payable | DESCRIPTION / SERVICE |
|---|---|---|---|---|---|
| Certificate of Incorporation of a company having a share capital | CM1 | ||||
| (a) Registration of memorandum and articles of a company having a share capital (Section 68(1) and regulations 17 and 18). | CM2 | N$150.00 | N$100.00 | ||
| (b) Additional fee in respect of registration of memorandum and articles (Section 68 (1)) | |||||
| (i) a company having a nominal share capital having shares of par value for each thousand Namibian Dollars or part thereof | CM2 | N$7.50 | N$5.00 | ||
| (ii) a company having shares of no-par value, for each thousand shares or part thereof | CM2 | N$7.50 | N$5.00 | ||
| (iii) a company having both shares of par value and shares of no-par value, the aggregate of the amounts calculated on the basis laid down in paragraphs (b)(i) of this item. | CM2 | N$7.50 | N$5.00 | ||
| Certificate of incorporation of a company not having a share capital | CM3 | ||||
| Registration of memorandum and articles of a company not having a share capital (Section 68(1) and regulations 17 and 18). | CM4 | N$150.00 | N$100.00 | ||
| Reservation of a name, shortened form of a name or a defensive name (Sections 48(1) or 49 of the Act and regulation 14). | CM5 | N$75.00 | N$50.00 | ||
| Extension of the period of the reservation of a name, shortened form of a name or defensive name (Section 48(3) and (49(2) of the Act and regulation 14). | CM6 | N$75.00 | N$50.00 | ||
| Registration of a shortened form of a name (Section 49(1) of the Act and Regulation 15). | CM7 | N$60.00 | N$30.00 | ||
| Registration of a defensive name for two years (Section 49(2)(a) of the Act and Regulation 15). | CM8 | N$300.00 | N$250.00 | ||
| Renewal of the registration of a defensive name (Section 49(2)(b) of the Act and Regulation 15). | CM8A | N$160.00 | N$100.00 | ||
| Registration of a change of a name (Section 50(1) of the Act and Regulation 16).NB. Must be lodged together with CM26 (Registration of a Special Resolution (Section 208(1) of the Act and Regulation 43). See fee payable for lodgement of CM 26 | CM9 | N$60.00 | N$30.00 | ||
| Registration of a change of a shortened form of a name (Section 50(2)(a) of the Act and Regulation 16). | CM9A | N$120.00 | N$30.00 | ||
| Deregistration of a shortened form of a name (Section 50(2)(b) of the Act and regulation 16). | CM9B | N$60.00 | N$30.00 | ||
| Submission of a certificate of consolidation of articles (Section 66 of the Act and Regulation 19). | CM10 | N$70.00 | N$45.00 | ||
| Increase of share capital for shares of a par value, for each thousand Namibian dollars, or part thereof, by which share capital is increased (Section 81(2)(a) of the Act and regulation). | CM11 | N$10.00 | N$5.00 | ||
| Increase of share capital for shares with no par value for each thousand Namibian dollars, or part thereof, calculated by multiplying the number by which the number of the shares has been increased by the value of each certified share (Section 81(2)(b) of the Act and Regulation 24). | CM11 | N$10.00 | N$5.00 | ||
| Registration of a special resolution to approve the acquisition of shares issued by that company (Section 89(1) of the Act and Regulation 24). | CM14 | N$120.00 | N$80.00 | ||
| Statement of payment of commission on shares (Section 86 of the Act and Regulation 24). | CM12 | N$20.00 | N$10.00 | ||
| Lodgement of allotment of shares (Section 99(3) and (4) of the Act and Regulation 26). | CM15 | N$20.00 | N$10.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Return of allotments which have become void (Section 99(4) of the Act and Regulation 26(2)). | CM16 | N$20.00 | N$10.00 | ||
| Application for extension of time (Sections 102(1), 185, 187(4) and 314(3) of the Act and Regulation 27). | CM17 | N$75.00 | N$50.00 | ||
| Registration of an order by the Court (Sections 260(5), 317(7) and 319(4) of the Act and Regulation 28). | CM18 | N$40.00 | N$20.00 | ||
| Redeeming of redeemable preference shares (Section 104 of the Act and Regulation 29). | CM19 | N$20.00 | N$10.00 | ||
| Variation of rights in respect of shares of a company (Section 108(3) of the Act and Regulation 30). | CM20 | N$20.00 | N$10.00 | ||
| Notice of places where registers are kept (Section 114(2), 117, 136, 223(4), 238(2) and 248(2) of the Act and Regulation 32). | CM21 | N$20.00 | N$10.00 | ||
| Notice of Postal address and registered office of a company (Section 178 of the Act and Regulation 37). | CM22 | N$20.00 | N$10.00 | ||
| Lodgement of Annual Return (Section 181(1) and 336 of the Act and Regulation 39). Annual duty | CM23 | N$120.00 | N$80.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Lodgement Annual Return (Section 182 and 183 of the Act and Regulation 40). | CM23 | N$120.00 | |||
| (a) In the case of a company having a nominal share capital | In addition, N$6.50 payable for every N$10 000 or part thereof of it's issued share capital + premium and distributable reserve funds | ||||
| (b) In the case of a company having shares of no-par value | In addition, N$6.50 per each N$10,000 or part thereof of the amount of it"s stated capital account | ||||
| (c) In the case of a company having both shares of par value and shares of no-par value | The aggregate of the amounts calculated on the bases laid down in (a) and (b) | ||||
| (d) In the case of payment of annual duty on the commencement of business of a company | N$6.50 per each N$10.00 or part thereof of the amount of the issued share capital or stated capital, in the case of shares of no par value of the company as at the date of the issue of the certificate to commence business, | ||||
| (e) Except that the minimum amount of the annual duty payable is N$130.00 (excluding the fee payable for the lodgement of Form CM 23) | |||||
| Lodgement of Annual Duties (Section 182 and 183 of the Act and Regulation 40). | CM23B | N$160.00 | N$100.00 | ||
| Registration of Consent to waive period of notice of meeting to pass special resolution (Section 207(5) of the Act and Regulation 43).NB. Must be lodged together with CM26 (Registration of a Special Resolution (Section 208(1) of the Act and Regulation 43). See fee payable for lodgement of CM 26 | CM25 | N$10.00 | N$10.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Registration of a special resolution (Section 208(1) of the Act and regulation 43). | CM26 | N$160.00 | N$80.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Consent to act as Director or Officer and other Directorships (Section 219 of the Act and Regulation 45(1)) | CM27 | ||||
| Director's contract to subscribe to shares (Section 219(1)(b) of the Act and Regulation 45).Written consent lodged with a further period contemplated in (Section 219(3) of the Act, Regulation 45). | CM28 | N$20.00 | N$10.00 | N$20.00 | Additional amount payable for lodgement of CM 29. |
| NB. Prescribed amount payable in addition to the fee payable on lodgement of CM29. | |||||
| Register of Directors, officers, auditors and secretaries (Section 223, 224, (2) 284(2) and 4, (288(3), 328(1), 331 and 331 and 333 of the Act, Regulation 46). | CM29 | N$20.00 | N$10.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Notice of failure to appoint or reappoint auditor (Section 279(2) of the Act and Regulation 47). | CM30 | N$20.00 | N$10.00 | ||
| Notice of Consent to appointment, change of name, or resignation by removal of auditor (Sections 277(1), 279(2), 284(1) to (4), 285, 286, 288(2), 328(1)(c), 331 and Regulation 47). | CM31 | N$20.00 | N$10.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Change of the end of financial year of a company (Sections 293(2) and 335(3) of the Act and Regulation 48). | CM32 | N$60.00 | N$30.00 | ||
| Application for approval that group annual financial statements need not deal with a subsidiary (Section 299(3) of the Act, Regulation 49). | CM33 | N$136.00 | N$80.00 | ||
| Lodgement of Financial Statements / Interim reports (Sections 306(5), 311(3), 313 and 335(4) of the Act and Regulation (50). | CM34 | N$20.00 | N$10.00 | ||
| Application not to issue interim reports (Section 314(2) read with Section 299(3) of the Act, Regulation 51). | CM35 | N$80.00 | N$40.00 | ||
| Take-over offer and take-over statement (Section 320(2)(c), 322(3) and 324 of the Act, Regulation 52). | CM36 | N$20.00 | N$10.00 | ||
| Appointment of authorised persons by an external company (Sections 328(1)(f) and 332(3) of the Act, Regulation 54 | CM37 | N$20.00 | N$10.00 | ||
| Written notice of a withdrawal by an authorised person (Section 332 of the Act, Regulation 54). | CM38 | N$20.00 | N$10.00 | ||
| Registration of alteration to the memorandum of external company (Section 334 of the Act, Regulation 54). | CM39 | N$75.00 | N$50.00 | ||
| Appointment of Liquidator / provisional judicial manager / final judicial manager (Section 382(5)(a), 436(b) and 439(1)(d)(i) and (ii) of Act, Regulation 57). | CM40 | N$20.00 | N$10.00 | ||
| Broker's transfer Form (Section 141 of Act, Regulation 58). | CM41 | ||||
| Securities Transfer Form (Section 141 of Act, Regulation 58). | CM42 | ||||
| Particulars of Directors of dissolved company (Section 427 of Act, and Regulation 59) | CM43 | N$20.00 | N$10.00 | ||
| Articles of Association of a company having a share capital adopting schedule 1 (Section 64 of the Act and Regulation 18(1)). | CM44 | ||||
| Articles of Association of a company having a share capital NOT adopting schedule 1 (Section 64 of the Act and Regulation 18(2)). | CM44A | ||||
| Articles of Association of a company NOT having a share capital NOT adopting schedule 1 (Section 64 of the Act and Regulation 18(3)). | CM44B | ||||
| Signatories to Articles of Association (Section 64 of the Act and Regulation 18(1), (2) and (3)). | CM44C | ||||
| Registration of a special resolution for the conversion of one type of a company into another type or form of company (Section 30(1) of the Act and Regulation 13(1)) | CM45 | N$40.00 | |||
| CM26 | N$80.00 | ||||
| Statement by each director regarding the adequacy of the capital of a company (Section 180(3) of the Act and Regulation 38(1)(b)) | CM47 | N$50.00 | N$25.00 | ||
| Affidavit regarding adequacy of capital of company (Section 180(2) of the Act and Regulation 38(1)(a)) | CM48 | N$50.00 | N$25.00 | ||
| Application for registration of the memorandum of an external company (Section 328 of the Act, Regulation 55). | CM49 | N$150.00 | N$100.00 | ||
| Application for provisional annual financial statements in respect of a private company (Section 311(3) of the Act, Regulation 50). | CM50 | N$80.00 | N$40.00 | ||
| Certification of additional copies of documents by the Registrar (per document) (Regulation 32) | CM51 | N$10.00 | N$5.00 | ||
| Application by a public company for exemption from lodging annual financial statements in respect of subsidiaries (Section 306(6) of Act, Regulation 50)/ | CM52 | N$40.00 | N$20.00 | ||
| Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). | CM15, CM23, CM26, CM29, CM31 | N$300.00 | N$150.00 | ||
BIPA bank details available here
| FEES | Please note that the fees reflected under ‘Effective 01 January 2020’, are the fees payable for an application / service as of 01 January 2020. | ||||
| DESCRIPTION / SERVICE | CORRESPONDING FORM (IF ANY) | EFFECTIVE 01 JANUARY 2020 | CURRENT | ANY OTHER ADDITIONAL FEES payable | DESCRIPTION / SERVICE |
| Certificate of Incorporation of a company having a share capital | CM1 | ||||
| (a) Registration of memorandum and articles of a company having a share capital (Section 68(1) and regulations 17 and 18). | CM2 | N$150.00 | N$100.00 | ||
| (b) Additional fee in respect of registration of memorandum and articles (Section 68 (1)) | |||||
| (i) a company having a nominal share capital having shares of par value for each thousand Namibian Dollars or part thereof | CM2 | N$7.50 | N$5.00 | ||
| (ii) a company having shares of no-par value, for each thousand shares or part thereof | CM2 | N$7.50 | N$5.00 | ||
| (iii) a company having both shares of par value and shares of no-par value, the aggregate of the amounts calculated on the basis laid down in paragraphs (b)(i) of this item. | CM2 | N$7.50 | N$5.00 | ||
| Certificate of incorporation of a company not having a share capital | CM3 | ||||
| Registration of memorandum and articles of a company not having a share capital (Section 68(1) and regulations 17 and 18). | CM4 | N$150.00 | N$100.00 | ||
| Reservation of a name, shortened form of a name or a defensive name (Sections 48(1) or 49 of the Act and regulation 14). | CM5 | N$75.00 | N$50.00 | ||
| Extension of the period of the reservation of a name, shortened form of a name or defensive name (Section 48(3) and (49(2) of the Act and regulation 14). | CM6 | N$75.00 | N$50.00 | ||
| Registration of a shortened form of a name (Section 49(1) of the Act and Regulation 15). | CM7 | N$60.00 | N$30.00 | ||
| Registration of a defensive name for two years (Section 49(2)(a) of the Act and Regulation 15). | CM8 | N$300.00 | N$250.00 | ||
| Renewal of the registration of a defensive name (Section 49(2)(b) of the Act and Regulation 15). | CM8A | N$160.00 | N$100.00 | ||
| Registration of a change of a name (Section 50(1) of the Act and Regulation 16).NB. Must be lodged together with CM26 (Registration of a Special Resolution (Section 208(1) of the Act and Regulation 43). See fee payable for lodgement of CM 26 | CM9 | N$60.00 | N$30.00 | ||
| Registration of a change of a shortened form of a name (Section 50(2)(a) of the Act and Regulation 16). | CM9A | N$120.00 | N$30.00 | ||
| Deregistration of a shortened form of a name (Section 50(2)(b) of the Act and regulation 16). | CM9B | N$60.00 | N$30.00 | ||
| Submission of a certificate of consolidation of articles (Section 66 of the Act and Regulation 19). | CM10 | N$70.00 | N$45.00 | ||
| Increase of share capital for shares of a par value, for each thousand Namibian dollars, or part thereof, by which share capital is increased (Section 81(2)(a) of the Act and regulation). | CM11 | N$10.00 | N$5.00 | ||
| Increase of share capital for shares with no par value for each thousand Namibian dollars, or part thereof, calculated by multiplying the number by which the number of the shares has been increased by the value of each certified share (Section 81(2)(b) of the Act and Regulation 24). | CM11 | N$10.00 | N$5.00 | ||
| Registration of a special resolution to approve the acquisition of shares issued by that company (Section 89(1) of the Act and Regulation 24). | CM14 | N$120.00 | N$80.00 | ||
| Statement of payment of commission on shares (Section 86 of the Act and Regulation 24). | CM12 | N$20.00 | N$10.00 | ||
| Lodgement of allotment of shares (Section 99(3) and (4) of the Act and Regulation 26). | CM15 | N$20.00 | N$10.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Return of allotments which have become void (Section 99(4) of the Act and Regulation 26(2)). | CM16 | N$20.00 | N$10.00 | ||
| Application for extension of time (Sections 102(1), 185, 187(4) and 314(3) of the Act and Regulation 27). | CM17 | N$75.00 | N$50.00 | ||
| Registration of an order by the Court (Sections 260(5), 317(7) and 319(4) of the Act and Regulation 28). | CM18 | N$40.00 | N$20.00 | ||
| Redeeming of redeemable preference shares (Section 104 of the Act and Regulation 29). | CM19 | N$20.00 | N$10.00 | ||
| Variation of rights in respect of shares of a company (Section 108(3) of the Act and Regulation 30). | CM20 | N$20.00 | N$10.00 | ||
| Notice of places where registers are kept (Section 114(2), 117, 136, 223(4), 238(2) and 248(2) of the Act and Regulation 32). | CM21 | N$20.00 | N$10.00 | ||
| Notice of Postal address and registered office of a company (Section 178 of the Act and Regulation 37). | CM22 | N$20.00 | N$10.00 | ||
| Lodgement of Annual Return (Section 181(1) and 336 of the Act and Regulation 39). Annual duty | CM23 | N$120.00 | N$80.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Lodgement Annual Return (Section 182 and 183 of the Act and Regulation 40). | CM23 | N$120.00 | |||
| (a) In the case of a company having a nominal share capital | In addition, N$6.50 payable for every N$10 000 or part thereof of it’s issued share capital + premium and distributable reserve funds | ||||
| (b) In the case of a company having shares of no-par value | In addition, N$6.50 per each N$10,000 or part thereof of the amount of it”s stated capital account | ||||
| (c) In the case of a company having both shares of par value and shares of no-par value | The aggregate of the amounts calculated on the bases laid down in (a) and (b) | ||||
| (d) In the case of payment of annual duty on the commencement of business of a company | N$6.50 per each N$10.00 or part thereof of the amount of the issued share capital or stated capital, in the case of shares of no par value of the company as at the date of the issue of the certificate to commence business, | ||||
| (e) Except that the minimum amount of the annual duty payable is N$130.00 (excluding the fee payable for the lodgement of Form CM 23) | |||||
| Lodgement of Annual Duties (Section 182 and 183 of the Act and Regulation 40). | CM23B | N$160.00 | N$100.00 | ||
| Registration of Consent to waive period of notice of meeting to pass special resolution (Section 207(5) of the Act and Regulation 43).NB. Must be lodged together with CM26 (Registration of a Special Resolution (Section 208(1) of the Act and Regulation 43). See fee payable for lodgement of CM 26 | CM25 | N$10.00 | N$10.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Registration of a special resolution (Section 208(1) of the Act and regulation 43). | CM26 | N$160.00 | N$80.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Consent to act as Director or Officer and other Directorships (Section 219 of the Act and Regulation 45(1)) | CM27 | ||||
Director’s contract to subscribe to shares (Section 219(1)(b) of the Act and Regulation 45).Written consent lodged with a further period contemplated in (Section 219(3) of the Act, Regulation 45). NB. Prescribed amount payable in addition to the fee payable on lodgement of CM29. | CM28 | N$20.00 | N$10.00 | N$20.00 | Additional amount payable for lodgement of CM 29. |
| Register of Directors, officers, auditors and secretaries (Section 223, 224, (2) 284(2) and 4, (288(3), 328(1), 331 and 331 and 333 of the Act, Regulation 46). | CM29 | N$20.00 | N$10.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Notice of failure to appoint or reappoint auditor (Section 279(2) of the Act and Regulation 47). | CM30 | N$20.00 | N$10.00 | ||
| Notice of Consent to appointment, change of name, or resignation by removal of auditor (Sections 277(1), 279(2), 284(1) to (4), 285, 286, 288(2), 328(1)(c), 331 and Regulation 47). | CM31 | N$20.00 | N$10.00 | N$300.00 | Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). |
| Change of the end of financial year of a company (Sections 293(2) and 335(3) of the Act and Regulation 48). | CM32 | N$60.00 | N$30.00 | ||
| Application for approval that group annual financial statements need not deal with a subsidiary (Section 299(3) of the Act, Regulation 49). | CM33 | N$136.00 | N$80.00 | ||
| Lodgement of Financial Statements / Interim reports (Sections 306(5), 311(3), 313 and 335(4) of the Act and Regulation (50). | CM34 | N$20.00 | N$10.00 | ||
| Application not to issue interim reports (Section 314(2) read with Section 299(3) of the Act, Regulation 51). | CM35 | N$80.00 | N$40.00 | ||
| Take-over offer and take-over statement (Section 320(2)(c), 322(3) and 324 of the Act, Regulation 52). | CM36 | N$20.00 | N$10.00 | ||
| Appointment of authorised persons by an external company (Sections 328(1)(f) and 332(3) of the Act, Regulation 54 | CM37 | N$20.00 | N$10.00 | ||
| Written notice of a withdrawal by an authorised person (Section 332 of the Act, Regulation 54). | CM38 | N$20.00 | N$10.00 | ||
| Registration of alteration to the memorandum of external company (Section 334 of the Act, Regulation 54). | CM39 | N$75.00 | N$50.00 | ||
| Appointment of Liquidator / provisional judicial manager / final judicial manager (Section 382(5)(a), 436(b) and 439(1)(d)(i) and (ii) of Act, Regulation 57). | CM40 | N$20.00 | N$10.00 | ||
| Broker’s transfer Form (Section 141 of Act, Regulation 58). | CM41 | ||||
| Securities Transfer Form (Section 141 of Act, Regulation 58). | CM42 | ||||
| Particulars of Directors of dissolved company (Section 427 of Act, and Regulation 59) | CM43 | N$20.00 | N$10.00 | ||
| Articles of Association of a company having a share capital adopting schedule 1 (Section 64 of the Act and Regulation 18(1)). | CM44 | ||||
| Articles of Association of a company having a share capital NOT adopting schedule 1 (Section 64 of the Act and Regulation 18(2)). | CM44A | ||||
| Articles of Association of a company NOT having a share capital NOT adopting schedule 1 (Section 64 of the Act and Regulation 18(3)). | CM44B | ||||
| Signatories to Articles of Association (Section 64 of the Act and Regulation 18(1), (2) and (3)). | CM44C | ||||
| Registration of a special resolution for the conversion of one type of a company into another type or form of company (Section 30(1) of the Act and Regulation 13(1)) | CM45 | N$40.00 | |||
| CM26 | N$80.00 | ||||
| Statement by each director regarding the adequacy of the capital of a company (Section 180(3) of the Act and Regulation 38(1)(b)) | CM47 | N$50.00 | N$25.00 | ||
| Affidavit regarding adequacy of capital of company (Section 180(2) of the Act and Regulation 38(1)(a)) | CM48 | N$50.00 | N$25.00 | ||
| Application for registration of the memorandum of an external company (Section 328 of the Act, Regulation 55). | CM49 | N$150.00 | N$100.00 | ||
| Application for provisional annual financial statements in respect of a private company (Section 311(3) of the Act, Regulation 50). | CM50 | N$80.00 | N$40.00 | ||
| Certification of additional copies of documents by the Registrar (per document) (Regulation 32) | CM51 | N$10.00 | N$5.00 | ||
| Application by a public company for exemption from lodging annual financial statements in respect of subsidiaries (Section 306(6) of Act, Regulation 50)/ | CM52 | N$40.00 | N$20.00 | ||
| Fees for late submissions / failure to lodge returns (Section 186 of the Act and Regulation 60). | CM15 CM23 CM26 CM29 CM31 | N$300.00 | N$150.00 | ||
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