Namibia Tax Rates
Namibia operates a source-based progressive personal income tax system with rates up to 37%. The Namibia Revenue Agency (NamRA) administers the system, featuring a 32% corporate tax rate, 15% VAT, and no capital gains tax. Namibia's economy is driven by mining (diamonds, uranium), agriculture, tourism, and fishing.
Top Income Tax Rate
37%
Corporate Tax Rate
32%
VAT / Sales Tax
15%
Capital Gains Tax
0%
Detailed Tax Information
Income Tax Brackets
Namibia levies progressive income tax on source-based income. Rates range from 0% on the first N$50,000 to 37% on income above N$1.5 million. Employment income is taxed through PAYE. Only Namibian-sourced income is taxable, regardless of residency.
| Income Range | Tax Rate |
|---|---|
| N$0 – N$50K | 0% |
| N$50K – N$100K | 18% |
| N$100K – N$300K | 25% |
| N$300K – N$500K | 28% |
| N$500K – N$800K | 30% |
| N$800K – N$1.5M | 32% |
| N$1.5M+ | 37% |
Corporate Tax
The standard corporate tax rate is 32%. Diamond mining companies pay 55%. Other mining companies pay 37.5%. Manufacturing companies registered with the Ministry of Trade may qualify for reduced rates.
Standard Rate
32%
Capital Gains Tax
Namibia does not levy capital gains tax. Gains from the disposal of assets are generally not taxable. However, if the disposal forms part of a scheme of profit-making, the gains may be taxed as income.
Rate
0%
VAT / Sales Tax
VAT is levied at 15% on most goods and services. Basic food items, healthcare, education, and financial services are exempt or zero-rated. Registration is mandatory for businesses with taxable supplies exceeding N$500,000.
Standard Rate
15%
Cryptocurrency Tax
Namibia does not have specific cryptocurrency legislation. The Bank of Namibia has cautioned against crypto use.
Tax Treaties
Namibia has approximately 14 double taxation agreements.
Treaty Network
14
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Namibia
See how much you could save by moving here from your current country.
+$14K
Tax in United States
$24K
24.4% effective
Tax in Namibia
$10K
9.9% effective
You Save
59.4%
less tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
