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Sal & Caldeira Advogados

Transaction Limits Applicable to Electronic Money Institutions

Notice No. 07/GBM/2024 of 29 February 2024 establishes the transaction limits applicable to Electronic Money Institutions, which are defined by the Law on Credit Institutions and Financial Companies, as financial companies authorised to provide payment services, whose mai..

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Sal & Caldeira Advogados

Procedures for the Allocation of Concessions Under Mini-Grids

Universal access to energy is one of the priorities of the Government of Mozambique. To achieve this goal, the Government's actions must be complemented by private investment, a fact that has been conditioned by unattractive legal barriers to investment in this sector. In..

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Sal & Caldeira Advogados

Publication of the New Labour Law

We hereby inform the business community and other interested parties that the new Labour Law, Law no. 13/2023, of 25 August, has been published in the Official Gazette on 25 August 2023. 

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Sal & Caldeira Advogados

Approval of the Proposal for the Revision of the Labor Law

We hereby inform the business community and other interested parties that on August 7th, 2023, the Assembly of the Republic of Mozambique approved the proposal for the revision of the Labor Law.

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Sal & Caldeira Advogados

Minimum salaries for 2023

We hereby inform the business community and other interested parties that the national minimum wages, by sector of activity, for the year 2023, were approved by the Council of Ministers on 25 April 2023, with effect from April 1, 2023.

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Sal & Caldeira Advogados

New Regulations on Public Procurement

The procurement for public works, supply of goods and services from public entities has been undergoing constant changes over the years. Decree Law no. 48817 of 19 February 1969, applicable to Mozambique through Ordinance 555/71 of 12 October (Regulation of Works and Supp..

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Sal & Caldeira Advogados

Approval of annual accounts under the New Commercial Code

We hereby inform the business community and other interested parties that under the new Commercial Code, approved by Decree-Law no. 1/2022, of 25 May (the “New CCom”), 2 (two) important changes were introduced in respect of the requirements fo..

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Sal & Caldeira Advogados

The General Assembly meetings of the Commercial Companies by Electronic Means

Dynamics is pointed out as one of the characteristics of Commercial and Corporate Law due to the pressing need that economic agents have to find new solutions to continue developing their business activities, circumventing possible barriers and making the activity i..

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Sal & Caldeira Advogados

The “De Facto Director” under the New Commercial Code

The new Commercial Code, approved by Decree-Law No. 1/2022 of the 25th of May (the "New ComC"), introduced the figure of the “De Facto Director”, thus making liable those who, not being appointed directors, acts as such.

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