INTIEAAngola · Private Investment Law (Law No. 20/11 of May 2011)PolicyIn force

Private Investment Law (Law No. 20/11 of May 2011)

The Law authorizes private investments with a value of equal to or more than USD 1 million. It also stipulates tax, customs benefits and other incentives and guarantees for both foreign and domestic private investments. There are penalties for non-compliances with the provisions…

Last changed 2 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

EffectiveJan 01, 2011
Last changeJun 26, 2024

Country / jurisdiction: Angola · Year: 2011 · Status: In force · Level: National · Type: Voluntary

The Law authorizes private investments with a value of equal to or more than USD 1 million. It also stipulates tax, customs benefits and other incentives and guarantees for both foreign and domestic private investments. There are penalties for non-compliances with the provisions of the law. For instance failure to carry out projects within stipulated deadlines established in the investment authorizations is subject to penalties. The law has also created the national Private Investment Agency (ANIP) whose responsibilities include evaluating and facilitating proposed private investments.

Official source: http://www.sme.ao/attachments/article/218/Law%20No._20-11_of_May_20_%E2%80%93_Law_of_Private_Investment.pdf

Source

https://www.iea.org/policies/5842

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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