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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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Sal & Caldeira Advogados

The Simplified Share Company under the New Commercial Code

We hereby inform the business community and other interested parties about the new type of company introduced by the New Commercial Code, approved by Decree-Law no. 1/2022, of May 25 (the "New CCom")..

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Sal & Caldeira Advogados

The Beneficial Owner under the New Commercial Code

The new Commercial Code, approved by Decree-Law no. 1/2022 of 25 May (the “New CCom"), in its article 99, establishes the obligation for the companies to have, and maintain updated, a registration with information on the identity of its ..

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Sal & Caldeira Advogados

Introduction of the concept of Affiliated Companies under the New Commercial Code

We hereby inform the business community and other interested parties of the introduction of the concept of affiliated companies (sociedades coligadas) under the new Commercial Code, approved by Decree-Law no. 1/2022, of 25 May (..

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Sal & Caldeira Advogados

Economic Acceleration Stimulus Package - Tax Incentives

We hereby inform the business community and other interested parties that on 9 August 2022, the President of the Republic of Mozambique, Filipe Nyusi, announced 20 measures to stimulate the economy, including tax incentives..

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Sal & Caldeira Advogados

Approval of the new Commercial Code

We hereby inform the business community and other interested parties that the new Commercial Code has been adopted/approved. In general, this new legislation aims to respond to the development of the private sector and the socio-economic dynamism that has occurred in rece..

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