By: Nghiinomenwa-vali Hangala
As of the end of 2025, only 45.3% of the 242,417 registered entities have declared their beneficial owners as required by law, an increase from 33% in 2024.
The Business and Intellectual Property Authority (BIPA) shared this update during a media engagement this week.
Since 2023, the Beneficial Ownership (BO) declaration has been made it a legal requirement for all enterprises to reflect who benefits financially from the company’s proceeds. The need to file the BO has been enhanced by high-profile cases such as the Fishrot case, which formed part of why Namibia was greylisted.
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