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Business Regulations

2 Results / Page 1 of 1

Background

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 15

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 26

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