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PLMJ

Angola | New Law on Insurance Mediation and Brokerage

In order to adapt to the current state of the insurance market, the Insurance Mediation and Brokerage Law has been published. More than two decades have passed since the approval of the first law regulating these matters. As a result, it has been necessary to redefine the..

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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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