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Employee Compensation Fund

Employee Compensation Fund Registration

This registration is compulsory for all businesses employing at least one person, and registration needs to be done in the month when the business employs its first person.

This fund provides cover for medical and related expenses of an employee earning less than N$ 81,300 per annum who is injured on duty, subject to a number of rules. The employer is required to annually by 31 March submit a return detailing the breakdown of the workforce as well as total earnings paid for the year; and will then receive an assessment from the Workmen’s Compensation Commissioner for the amount payable.

Failure to register will not jeopardize the claim of the employee in the case of an injury, but entitle the Commissioner to recover all costs from the employer.