Industries
Oil & Gas
Tax, local content and commercial advice for oil and gas operators, and for the companies building Namibia's upstream supply chain.
The Orange Basin discoveries have made Namibia one of the most watched offshore frontiers in the world. Operators face a ring fenced petroleum tax regime, a new local content policy and licence transactions that Namibian tax law now reaches. Service companies entering the supply chain face a different problem: setting up correctly, meeting local content expectations and staying compliant while contracts ramp up. Andersen in Namibia works on the tax, financial, commercial and structuring side of both.
How We Help
Our Capabilities
Petroleum income tax and Additional Profit Tax compliance and advice
Fiscal modelling for licence areas and development decisions
Tax on farm ins, farm outs and licence disposals, including indirect transfers
Transfer pricing for operator, affiliate and service charges
Withholding tax and VAT on cross border services
IFRS 6 exploration and evaluation accounting
Company setup for service companies entering the supply chain
Local content plans, Namibian partner structuring and compliance reporting
Joint venture, farm in and commercial contract review and negotiation support
Payroll, expatriate tax and work permits for rotational staff
M&A, valuation and transaction support
