Notice No. 3/GBM/2024, was published on 20 March, and establishes the rules and procedures for carrying out foreign exchange operations. It applies to all resident and non-resident entities covered by the Foreign Exchange Law.
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Notice No. 3/GBM/2024, was published on 20 March, and establishes the rules and procedures for carrying out foreign exchange operations. It applies to all resident and non-resident entities covered by the Foreign Exchange Law.
As one of Africa's emerging economies, Mozambique offers abundant opportunities for domestic and foreign investors alike. In a bid to enhance a conducive environment for investment to continue fostering economic growth and development, Mozambique recently has updated its ..
With the entry into force on 8 March 2024 of the New Regulation on the Registration of Legal Entities, recently approved by Decree-Law no. 1/2024, of 8 March, all companies, consortia, representations of national or foreign entities must, within 90 days from 8 March 2024,..
On 21 March 2024, the Bank of Mozambique published Notice No. 4/GBM/2024 in the Official Gazette. This notice establishes the regime for the liberalization of capital operations and other foreign exchange operations in Mozambique. It applies to all parties involved in for..
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..
Businesses operating in Mozambique and employing individuals there have likely encountered the longstanding Labour Law, Act 23/2007, of 1 August, which has been in operation since 2007. That Act has finally been repealed, and is set to be replaced by the new Labour Law, A..
Decree no. 59/2023, of October 27, which approves the Regulation on the Registration and Licensing of Intermediary Providers of Electronic Services and Digital Platforms Operators (Regulation), was recently published.
It was recently published the Notice no. 4/GBM/2023, of 14 September (Notice), which approves the legal framework applicable to the registration of virtual asset service providers before the Mozambique Central Bank (Banco de Moçambique). This Notice, aims to com..
On 7 August, the Parliament approved Law no. 13/2023, which introduces the new Labour Law and repeals the current Labour Law approved by Law no. 23/2007 of 1 August.