Transfer pricing refers to the setting, analysis, documentation and adjustment of cross border charges between related parties for goods, services, or use of property (including intangible property).
It should be noted that Transfer Pricing is a highly specialised field of taxation.
This information shared aims to provide a brief overview of the situation in Namibia, it should not be considered as a complete guide to Transfer Pricing.
Transfer pricing legislation is essentially aimed at ensuring that cross-border transactions between companies operating in a multinational group are fairly prices and that profits are not stripped from Namibia and taxed in lower tax jurisdictions.
An "international transaction" is a transaction for the supply of goods entered into between:
Visit laws.parliament.na for a complete list of transfer proclamations in Namibia.
Namibia has adopted a Self-Assessment System. Under this system all taxpayers are required to compute their taxable income and file tax returns by the due date on an annual basis. Income received from selling farm animals and game, leasing land for g
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