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PLMJ

New Private Investment Law

Law 8/2023 of 9 June (the "Investment Law") has been published in the Official Gazette. This new law establishes the rules applicable to private investments eligible for certain tax and non-tax guarantees and incentives. It also repeals the 30-y..

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PLMJ

New Legal Framework for Electronic Communication and Processing of Tax Proceedings and Tax Enforcement Actions

Presidential Decree 95/23 was published on 6 April and approves the new legal framework for electronic communication and processing of tax proceedings and tax enforcement actions. It also repeals Presidential Decree 232/19 of 22 July and Article 9(4) of Presidential Decre..

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PLMJ

Angola | Regulation of the Video-Surveillance Law

Law 2/2020 of 22 January (the “VideoSurveillance Law”) establishes the legal framework applicable to the authorisation, installation and use of video-surveillance systems for capturing, recording and processing images and sound. The law is based on a fundamental not..

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PLMJ

50% reduction in the VAT rate for products of the basic food basket

The Angolan Draft General State Budget for 2022 was approved at a meeting of the Council of
Ministers on 28 October. Among other provisions, it introduces a change to Value Added Tax (VAT) that is intended to boost the purchasing power of families in relation to essen..

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