Investment Policy Measures

18 results
Angola

Angola

28 May 2021

Government launches tender to privatize stake in telecommunications company

The Instituto de Gestão de Activos e Participações do Estado, (IGAPE), the state entity responsible for implementing the 2019-2022 Privatisation Programme, began on 28 May 2021 the Limited Tender by Prior Qualification for the privatization [...]

Angola

Angola

22 Apr 2021

Amendments to the Private Investment Law

Law 10/21 of 22 April 2021, which amended the Private Investment Law (Law 10/18 of 26 June) marks the return of the "contractual system" in the area of private investment, which is based on a negotiation of the conditions to implement [...]

Angola

Angola

04 Jan 2021

Adoption of Decree to regulate the Free Zones Act

Presidential Decree No. 4/21 (Regulation of the Free Zones Act) of 4 January 2021, establishes the terms for the creation of free zones, the entity responsible for their supervision, and the powers of the free zone managing entity. [...]

Angola

Angola

20 Oct 2020

New Regulations on Local Content in the oil sector

On 20 October 2020, Angola implemented Presidential Decree no. 271/20 on Local Content Regulations. The Decree introduces the following changes among others: • Local content rules are now applicable to all companies providing goods [...]

Angola

Angola

12 Oct 2020

Free Trade Zones Law

On 12 October 2020, Angola adopted Law no. 35/20 – the Free Trade Zones Law. The law sets forth the possibility of creating free trade zones with a number of incentives and benefits. The new law came into force on 12 October 2020 and [...]

Angola

Angola

15 Jun 2020

Single Investment Window

On 15 June 2020, Angola adopted Presidential Decree No. 167/20 on a "Single Investment Window". It facilitates the process of private investment by creating a single contact mechanism for investors through which the Agency for Private [...]

Angola

Angola

22 Apr 2020

Government amends Private Investment Law

The amendment of the Law, on 22 April 2020, includes a new regime, a contractual one, which allows the negotiation of incentives and facilities taking into account the specificity of investment projects, the economic and social impacts [...]

Angola

Angola

26 Jun 2018

Adoption of new private investment law

The new Private Investment Law was approved by Law No. 10/2018, of 26 June 2018, revoking the former Law No. 14/15. It introduced the following changes, among others: • A minimum investment amount for access to tax benefits and [...]

Angola

Angola

19 Apr 2018

Adoption of an investment law

On 19 April 2018, the Parliament of Angola passed an investment law, which scraps rules that previously forced foreign investors to partner with local firms. The law effectively ended the requirement that at least 35 percent of the [...]

Angola

Angola

20 Mar 2018

Investment super-agency established

In a presidential decree issued in March 2018, Angola dissolved the Unidade Técnica para o Investimento Privado (UTIP), the Agência para a Promoção de Investimento de Exportações de Angola (APIEX) and the Unidade Técnica de Apoio ao [...]

Angola

Angola

04 May 2017

Internet-based licensing system launched

The Angolan Ministry of Industry will launch, by end of May 2017, a new system of application, which enables national and foreign investors to apply for industrial licenses via the Internet. The new system reduces the waiting time [...]

Angola

Angola

30 Sep 2015

New regulations issued for private investment in Angola

The new regulations (Presidential order 182/15, of 30 September) for carrying out private investment in Angola stipulates the creation of a “fast lane” to speed up procedures and technical support units in each ministry. It provides [...]

Angola

Angola

05 Aug 2015

New Investment Law entered into force

The new law aims to reduce the bureaucracy surrounding the procedures for the acceptance of eligible investments. Also, it aims to match the incentive and benefit mechanisms with the country’s current economic framework. Incentives [...]

Angola

Angola

15 May 2012

Clarifies procedures for investment incentives

Presidential Decree 84 of 2012 clarifies the administrative procedures that apply to national and foreign investment above US $10 million. According to Law 20/11, only investments above US $1 million per shareholder are eligible for [...]

Angola

Angola

16 Mar 2012

New framework for incentives

Presidential Decree No. 3 of 2012 provides a framework for incentives to Angolan oil companies, both publicly-owned and private companies. It reduces the IPR rate in production sharing contracts from 50 percent to the industrial tax [...]

Angola

Angola

13 Jan 2012

New operational requirements for oil companies

The Foreign Exchange Law of 2012 requires foreign oil firms operating in Angola to channel their payments in dollars through local banks. Oil firms will be obliged to use Angolan bank accounts. The authorities have indicated that they [...]

Angola

Angola

01 Jan 2012

Providing tax incentives to corporations

The Patrons Law of 2012 defines fiscal and other incentives available to corporations that provide funding and support to projects related to social initiatives, education, culture, sports, science, health and information technology. [...]

Angola

Angola

20 May 2011

Introduces new private investment law

The new law revoked the previous private investment legislation (Laws 11/03 an 17/03) and introduced the new regime applicable to national and foreign private investors in Angola. The new regime applies to national and foreign investors, [...]

Number of policy measures per economy (since 01 Jan 2010) 1 86