Investment Policy Measures

9 results
Cabo Verde

Cabo Verde

30 Dec 2022

State Budget Law for 2023 includes new incentives for R&D, innovation and renewables

Cape Verde published the State Budget Law for 2023 ( Law No. 16/X/2022) on 30 December 2022. It includes the following incentives: • R&D tax incentives from 2023 to 2038 for qualifying resident corporate taxpayers, as well as [...]

Cabo Verde

Cabo Verde

07 Jun 2022

Decree on the Special Economic Zone of the Island of Maio offers Special Tax regime

Cabo Verde published Law 11/X/2022 on June 6, 2022, regulating the Special Economic Zone (SEZ) of the Island of Maio. Eligible activities include agriculture, manufacturing, transportation, telecommunications, consulting, head office [...]

Cabo Verde

Cabo Verde

12 May 2022

Creates a "Special Economic Zone for Technologies"

On 12 May 2022, Cabo Verde published in its Official Gazette, Decree-Law No. 15/2022. The Decree creates and regulates the Special Economic Zone for Technologies (ZEET). Located in the ‘Digital Islands Technological Park’, the ZEET [...]

Cabo Verde

Cabo Verde

12 Aug 2020

Incentives and credits to encourage job creation

Cape Verde adopted Law No. 100/IX/2020 of 11 August 2020 with effect from 12 August 2020. It introduces a number of amendments, including, inter alia: • The granting of a corporate income tax or personal income tax credit of CVE20 [...]

Cabo Verde

Cabo Verde

01 Mar 2019

Government privatises national airline

On 1 March 2019 the Government of Cabo Verde sold 51% of its stake in Transportadora Aérea Cabo-verdiana (TACV), the national airline, to Loftleidir Cape Verde (a subsidiary of Icelandair Group). Loftleidir had been managing the restructuring [...]

Cabo Verde

Cabo Verde

01 Jan 2013

Introduces a tax incentives code

Law No 26/VIII/2013 (Tax Benefits Code) contains the general principles, contents and conditions for the granting of tax benefits. It grants, inter alia, a corporate income tax credit of up to 50 percent of the eligible investments [...]

Cabo Verde

Cabo Verde

11 Jul 2012

Adopts investment code

The Investment Code of 2012 introduces arbitration as a mechanism for settling investment disputes between the Government and foreign investors under national and international dispute resolution rules. It also includes major legal [...]

Cabo Verde

Cabo Verde

07 Mar 2011

Liberalizes the Legal Regime for the Provision of Services

The Government approved a set of principles and rules governing free access to the market by service providers. The goal of the new legal framework is to guarantee the freedom of establishment of services providers irrespective of [...]

Cabo Verde

Cabo Verde

01 Mar 2011

Creates the Cape Verdean International Business Centre

It creates the International Business Centre of Cape Verde (IBC), which comprises (i) the International Industrial Centre (Industrial Free Zones), (ii) the International Centre for Commerce (Commercial Free Zones), and (iii) the International [...]

Number of policy measures per economy (since 01 Jan 2010) 1 93