New Rule for Temporary Import of Vessels

May 19, 2014

Yachting Journal

The Namibian Ministry of Finance (Customs & Excise) advises that a new rule governing the temporary importation of vessels into the country is now in force.
Documents required for temporary importation, which  is available on
request:
 

- Copy of vessel's registration Certificate.
 

- Copy of vessel's tonnage Certificate.
 

- Sworn statement declaring the value plus equipment on board the vessel.
 

Temporary Importation will be free of Import duty and Namibian VAT, but the agent must apply in advance, on behalf of the owner, for a rebate permit from Namibian Ministry of Trade and Industry. This permit takesapproximately 14 working days from date of application, so it recommended to start the process at least 20 working days ahead of vessel arrival.
 

Vessels will be required to declare list of all consumables on board on arrival and duties and VAT will have to brought to account accordingly.
 

All temporarily imports vessels working offshore Namibia will not go through the normal inward and outward clearing process for their port calls. Each vessel will be issued with a transire which is valid for three months if no changes to officers or master is done. The transire will have to be renewed each time there are changes to officers or master.
 

(Source: GAC // [email protected])
 

Ministry of FinanceNamibia