INTRODUCTION
Namibia, officially the Republic of Namibia, is a country in Southern Africa bordered by the Atlantic Ocean. It shares land borders with Zambia, Angola, Botswana, and South Africa. The largest economic sectors are mining, agriculture, manufacturing, and tourism. At least 25% of Namibia's revenue is contributed through mining. Namibia is the fourth largest exporter of non-fuel minerals in Africa and the world's fourth largest producer of uranium. The capital of Namibia is Windhoek.
The currency of Namibia is the Namibian Dollar (NAD) and South African Rand (ZAR). The rand is still legal tender, as the Namibian dollar is pegged to the South African rand and can be exchanged on a one-to-one basis locally.
Abbreviations:
| CC | Close Corporation |
| CFC | Controlled Foreign Company |
| CIT | Corporate Income Tax |
| DTA | Double Tax Agreement |
| EPZ | Export Processing Zone |
| NAD | Namibian Dollar |
| NRST | Non-Resident Shareholder Tax |
| PE | Permanent Establishment |
| SACU | Southern African Customs Union |
| VAT | Value Added Tax |
| WHT | Withholding Tax |
| ZAR | South African Rand |