East & Southern Africa

Namibia tax rates 2026

This is a source-based system. Foreign income is exempt, there is no capital gains tax, the top personal rate is 37% and the corporate rate is 30%, with 28% proposed, and VAT sits at 15%.

Territorial Last verified July 2026

The taxes

Namibia tax rates
Personal income (top)	37%Rates are progressive, with the top rate applying above NAD 1.5m. The first NAD 100,000 is tax-free.
Corporate income	30%
Capital gains	None. There is no capital gains tax.
VAT	15%
Dividends (WHT)	10%/20% under the Non-Resident Shareholders Tax (NRST).
Interest (WHT)	10%
Royalties (WHT)	10%
Social security (employee)	0.9%, capped, paid to the Social Security Commission.
Social security (employer)	0.9%, capped, paid to the Social Security Commission.
Wealth tax	None
Inheritance / estate	None
Property tax	Municipal rates apply, along with transfer duty of up to 12%, higher for non-natural persons.
Other	A 1% Vocational Education and Training levy applies to employers.

How the system works

Tax system: Territorial
Foreign income: Largely outside scope (territorial)
Taxes by citizenship: No
Exit tax: No
CFC rules: No
CRS: Not participating

A special regime for new arrivals

Namibia taxes purely on a source basis. Foreign income earned by residents is not taxed at all. A 10% dividend tax was announced to take effect on 1 January 2026, but the Income Tax Amendment Bill that would put it into law was still under legal review as of July 2026. For now, treat it as not in force.

Rates checked July 2026: the top marginal income tax rate, the standard VAT rate and the main corporate rate.