The membership fee is relative to the annual turnover of the company applying for membership. The annual fee for SME’s is kept deliberately low at N$1,228.00 per annum, on the condition that a SME Registration Certificate issued by the Namibian Ministry of Trade and Industry is provided. The membership fees were reviewed in June 2024 and are as follows:
ANNUAL FEES FOR CONTRACTING MEMBERS:
Category ØTurnover N$ Fee N$ (excl. VAT)
A >200 million 32,337.00
B ≥100 - <200 mill 24,252.00
C ≥50 - <100 mill 17,515.00
D ≥20 - <50 mill 12,125.00
E ≥10 - <20 mill 8,083.00
F ≥5 - <10 mill 5,388.00
G ≥2 - <5 mill 3,367.00
H <2 million 2,019.00
ANNUAL FEES FOR TRADE & AFFILIATED MEMBERS:
Category ØTurnover N$ Fee N$ (excl. VAT)
A >50 million 15,447.00
B ≥20 - <50 mill 9,267.00
C ≥10 - <20 mill 5,561.00
D ≥5 - <10 mill 2,772.00
E <5 million 1,228.00
ANNUAL FEE FOR SME CONTRACTORS: N$1,228.00 (excl. VAT)
(Copy of SME Registration Certificate from MTI must be submitted)