The Withholding Tax Rate in Namibia stands at 10 percent. Withholding Tax Rate in Namibia averaged 10.00 percent from 2022 until 2025, reaching an all time high of 10.00 percent in 2023 and a record low of 10.00 percent in 2023. source: Inland Revenue Department, Namibia

Related	Last	Previous	Unit	Reference
Corporate Tax Rate	31.00	32.00	percent	Dec 2025
Personal Income Tax Rate	37.00	37.00	percent	Dec 2025
Sales Tax Rate	15.00	15.00	percent	Dec 2026
Withholding Tax Rate	10.00	10.00	percent	Dec 2025

Namibia Withholding Tax Rate

In Namibia, the withholding tax rate is a tax collected from companies. It applies to businesses when they make payments to other business entities or individuals, e.g., in the form of dividends, interest, and royalties. The benchmark we use refers to the standard withholding tax rate on interest for non-residents. Revenues from the withholding tax rate are an important source of income for the government of Namibia.