The Corporate Tax Rate in Namibia stands at 32 percent. Corporate Tax Rate in Namibia averaged 32.54 percent from 2011 until 2023, reaching an all time high of 34.00 percent in 2012 and a record low of 32.00 percent in 2016. source: Inland Revenue Department, Namibia

Corporate Tax Rate in Namibia is expected to reach 32.00 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Corporate Tax Rate is projected to trend around 32.00 percent in 2025, according to our econometric models.

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Namibia Corporate Tax Rate

Related Last Previous Unit Reference
Personal Income Tax Rate 37.00 37.00 percent Dec 2023
Corporate Tax Rate 32.00 32.00 percent Dec 2023
Sales Tax Rate 15.00 15.00 percent Dec 2023
Withholding Tax Rate 10.00 10.00 percent Dec 2023

Namibia Corporate Tax Rate
In Namibia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Namibia.
Actual Previous Highest Lowest Dates Unit Frequency
32.00 32.00 34.00 32.00 2011 - 2023 percent Yearly