imageAngola | Law No. 4/19, of 18 April 2019

Amendment of the Corporate Income Tax Code

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Law No. 4/19 of 18 April 2019 The current economic context, aimed at the implementation of internal and external measures for the improvement of the economy and for the country's socio-economic development, with a view to increasing private initiative and attracting foreign investment, requires the alignment of the tax and fiscal legislation with the Economic Development Plan. In view of the contingencies of the Financial Sector, this amendment seeks to introduce specific adjustments to introduce some flexibility, material justice and fairness in the field of corporate income taxation, taking into account the actual reality of the country and trying to bring the current model closer to the most advanced taxation models; The National Assembly approves, by the mandate of the people, under the combined provisions of paragraph 1 of article 102, subparagraph 1 (o) of article 165, subparagraph 2 (d) of article 166 and paragraph 4 of article 167, all from the Constitution of the Republic of Angola, the following: LAW AMENDING THE CORPORATE INCOME TAX CODE