Timetric’s Namibian fiscal regime report outlines governing bodies, governing laws, licenses, rights and obligations and tax-related information on seven commodities: copper, zinc, gold, manganese, diamond, iron ore and uranium.
Timetric's FR report covers Namibia which has large deposits of chrome, gold, nickel, diamonds and platinum, among other minerals. The mining industry in Namibia is governed by the Ministry of Mines and Energy (MME) and the Ministry of Environment and Tourism (MET). The Directorate of Mines, part of the MME, is responsible for the promotion of the exploitation of Namibia's mineral resources, and the integration of the mining industry into the rest of the economy.
The report outlines governing bodies, governing laws, licenses, rights, obligations and key fiscal terms which includes royalty, corporate tax, capital gain tax, withholding tax, land tax, loss carry forward and value added tax (VAT)Reasons To Buy
To gain an overview of Namibia’s mining fiscal regime
The Ministry of Mines and Energy is responsible for attracting investment in resource development and exploration.
The Ministry of Environment and Tourism is responsible for protecting the country’s environmental resources.
The Minerals (Prospecting and Mining) Act 1992 law governs and controls all mining activities in Namibia
The Environment Management Act, 2007 was established to promote the sustainable development and use of natural resources in the country