FIMA Compliance Retainer: every NAMFISA deadline, kept

Which deadlines do you track?

Notice of your financial year-end within 30 days of registration (section 390); changes of principal officer, principal office or business location within 30 days (section 392); the annual broker renewal by 31 March (section 59(7)); the directors return after each annual meeting where it applies (section 403); plus your BIPA annual return, beneficial ownership and tax, Social Security and Good Standing certificates.

Why does it matter?

NAMFISA can impose administrative sanctions for failures to comply, from warnings to suspension, cancellation or financial penalties of up to N$10 million, and can direct that a penalty be paid by the individual responsible (section 439). Late returns and fees are accepted only with NAMFISA’s consent (section 435).

Is NAMFISA’s levy included?

No. NAMFISA’s fees and levies, audits and actuarial work are paid separately. We track the dates, prepare and file the notices, and make sure nothing is late.

Can I cancel?

Yes, with 30 days’ notice. The retainer renews monthly.

Ready to register your business in Namibia?

Chrimson Consultants provides end-to-end fima compliance retainer: every namfisa deadline, kept services in Namibia. Get in touch today.