12
Sep
Niël Terblanché The Namibia Revenue Agency (NamRA) and the Namibia Investment Promotion and Development Board (NIPDB) signed a new Memorandum of Understanding (MoU) in an effort to improve Namibia’s investment climate and tax compliance. This collaboration is set to enhance the efficiency of income tax and VAT registration processes while streamlining the investment process for foreign investors. The MoU signed on Wednesday, reflects both institutions’ commitment to strengthening tax compliance and promoting foreign investment, with a clear focus on fostering economic growth in Namibia. NamRA Commissioner Sam Shivute stressed the importance of facilitating a conducive environment for investors. “We want…