INDUSTRIAL TAX EXONERATION SYSTEM
The government incentives take into account the province in which the investment is applied.
15 YEARS EXONERATION – the investors do not pay investment capital tax for 15 years if they invest in Huambo, Bié, Moxico, Kuando Kubango, Cunene, Namibe, Malanje and Zaire provinces.
12 YEARS EXONERATION – The investors do not pay investment capital tax for 12 years if they invest in Kwanza-Norte, Kwanza-Sul, Bengo, Uíge, Lunda-Sul and Lunda-Norte provinces; and also in the inner municipalities of Benguela, Cabinda and Huíla provinces.
8 YEARS EXONERATION – The investors do not pay investment capital tax for 8 years if they invest in Benguela, Cabinda and Huila provinces, besides Lobito municipality.
Agência Nacional de Investimento Privado (ANIP) : Private Investimento National Agency
ANIP’s Goal is to promote the private investment by Angolan or foreign citizens in economic activity sectors well identified and in development areas. The agency works within a legal framework that provides financial incentives for investment and seeks to assist investors during streamlined application procedures.
Click here to acknowledge the private investment law.