Investor Rights and Regulations Overview
Important definitions
'business activity' - any activity carried out in Namibia that involves the
commitment of capital, the expectation of gain or profit and the assumption of risk
and that creates a contribution to the economic development of Namibia
'foreign investor' - a natural person who is not a Namibian that has made or is
seeking to make an investment into Namibia, or a company incorporated, registered
or constituted in accordance with the laws of Namibia or any other country other
than Namibia that is not directly or indirectly owned or controlled by a Namibian
'investor' - when used without a reference to foreign or Namibian, includes both
foreign and Namibian investors
'investment'
(a) Any enterprise lawfully established, acquired or expanded by an investor in
accordance with the laws of Namibia that carries out a business activity through
substantial operation in accordance with the investment proposal and the
nature of the business in Namibia
(b) Any enterprise in Namibia that an investor is seeking to establish, acquire,
merge with or expand, whether through the constitution, maintenance or
acquisition of a juridical person inside Namibia or outside; merge with another
enterprise inside Namibia or outside Namibia; or acquire shares, debentures or
other ownership instruments of directly or indirectly
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