East & Southern Africa
Namibia: tax at a glance
This is a source-based system. Foreign income is exempt, there is no capital gains tax, the top personal rate is 37% and the corporate rate is 30%, with 28% proposed, and VAT sits at 15%.
Ways to relocate to Namibia
The residency and citizenship routes that lead here, weighed against the tax picture above.
The taxes
- Personal income (top)
- 37%
- Corporate income
- 30%
- Capital gains
- None. There is no capital gains tax.
- VAT
- 15%
- Dividends (WHT)
- 10%/20% under the Non-Resident Shareholders Tax (NRST).
- Interest (WHT)
- 10%
- Royalties (WHT)
- 10%
- Social security (employee)
- 0.9%, capped, paid to the Social Security Commission.
- Social security (employer)
- 0.9%, capped, paid to the Social Security Commission.
- Wealth tax
- None
- Inheritance / estate
- None
- Property tax
- Municipal rates apply, along with transfer duty of up to 12%, higher for non-natural persons.
- Other
- A 1% Vocational Education and Training levy applies to employers.
How the system works
- Tax system
- Territorial
- Foreign income
- Largely outside scope (territorial)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Not participating
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.
Frequently asked
What is the income tax rate in Namibia?
The top marginal personal income tax rate in Namibia is 37%. Rates are progressive, with the top rate applying above NAD 1.5m. The first NAD 100,000 is tax-free.
What is the corporate tax rate in Namibia?
The headline corporate income tax rate is 30%.
Does Namibia tax capital gains?
Capital gains for individuals: None. There is no capital gains tax..