Angola

Angola

Free Trade Zones Law

12 Oct 2020

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 revoked the Legal Framework of Special Economic Zones.

Nature of measure:
  • Incentives
Type:
  • Promotion and facilitation (Special economic zones)
Industry:
  • Not industry specific
Inward FDI:
No
Outward FDI:
No
Sources: