imageAngola | Law No. 22/19, of 20 September 2019

Special Customs, Port and Supply of Goods Regime for Cabinda

Preview Extract:

Law No. 22/19 of 20 September 2019 In the context of the ongoing Tax Reform process in the country, with the consequent approval and publication of the Value Added Tax Code (CIVA), by Law No. 7/19, of 24 April 2019, and the repeal of the Consumption Tax Regulation, approved by Presidential Legislative Decree No. 3-A/14 of 21 October 2014, it is imperative to amend the Customs and Port Special Regime for the Province of Cabinda, in order to adapt it to the measures introduced by the CIVA. Considering that the tax system must take into account, in order to materialize State policies, the particularities of certain territorial circumscriptions, which, for reasons of geographical location and absence of certain relevant equipment, must be treated differently, even if temporarily, providing though mechanisms for their growth; Bearing in mind that the Angolan State has always identified and recognized the particularities of the Province of Cabinda, due to its geographical location, lack of equipment that generates the sale of commodities and goods at higher prices than in other areas of the country; The National Assembly approves, by the mandate of the people, under the provisions of subparagraph (o) of Article 165 and subparagraph 2 (d) of Article 166, both from the Constitution of the Republic of Angola, the following: LAW ON CUSTOMS, PORT AND TRANSMISSION OF GOODS SPECIAL REGIME FOR THE PROVINCE OF CABINDA