imageGuinea Bissau | Decree No. 43/88, of 15 November 1988

Urban Property Tax Code

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Decree No. 43/88 of 15 November 1988 Given the time since its entry into force, it is considered necessary to make some changes to the Urban Property Tax Code approved by article 1 of Decree No. 5/84, of 3 March 1984. These changes are mainly aimed at adopting expeditious mechanisms that allow the registry in the land registration and also simplify the formalism inherent to lease agreements. The amendments are also intended to encourage housing construction in the country by creating new ranks of Urban Property Tax rates that are better adapted to the national reality, introducing greater equity and fiscal justice. Considering also the inconvenience of legislative dispersion, it was decided to fully publish the Code, thus avoiding a separate statute. Therefore, on a proposal from the Minister of Finance, The Government hereby decrees, pursuant to article 74 of the Constitution, the following: