Namibia
Corporate Guide

What are the different types of companies that can be incorporated in Namibia?

The following companies can be registered in Namibia:

Private company limited by shares ((Pty) Ltd)

This is the most common trading vehicle. Liability of shareholders is limited to the value of their shares. The articles of association restrict public offers of securities and typically restrict share transfers. Suitable for privately held businesses and subsidiaries.

Public company limited by shares (Ltd)

May offer securities to the public (subject to prospectus and disclosure rules) and are eligible for listing on the Namibian Stock Exchange if they meet the exchange’s requirements. Shareholder liability is limited to the value of their shares. More stringent governance, reporting and capital‑raising rules apply.

Company limited by guarantee

Typically used for non‑profit bodies (associations, charities, clubs, NGOs). These usually have no share capital and members agree to contribute a nominal amount to the company’s debts if it is wound up. Profits are not distributable to members.

Unlimited company

Less common form in which members do not have limited liability. Used only in niche circumstances (e.g. certain professional or special purpose structures).