insert_link Business / Economics Businesses must declare owners, says BIPA Following the introduction of the beneficial ownership requirement, which became law in 2023, all registered businesses are now required to declare their beneficial owners. We spoke to Ockert Jansen, the Business and Intellectual Property Authority's Executive of Marketing, Corporate Communications, and Client Management Services, to find out if local businesses have complied and the possible repercussions. todayJune 27, 2024 47
insert_link Business / Economics NamRa extends deadline for tax certificates to April 2025 The Namibia Revenue Agency has extended the transitional arrangements for obtaining Tax Certificates of Good Standing. This means businesses will have more time to comply with the recently revised guidelines. Originally scheduled to come into effect on 1 June 2024 the new guidelines will now be implemented on 1 April 2025. NamRA’s Acting Chief of Strategic Communications and Support Engagements, Victor Musiwa. todayJune 18, 2024 67
insert_link Business / Economics BIPA urged to extend waiver program deadline Registered business owners are requesting an extension on the Business and Intellectual Property Authority's Annual Duty Penalty Waiver Program, citing long queues observed at both the Grove and Maerua Mall. Registered business owners are required to pay an annual fee of N$120; however, failure to pay results in penalties. BIPA’s Executive of Marketing, Corporate Communications, and Client Management Services, Ockert Jansen, comments on the issue. todayApril 2, 2024 66