Timor-Leste | 2017.04.21
NEW CUSTOMS CODE APPROVED
By means of Decree-Law No. 14/2017, of 5 April 2017, the Government of Timor-Leste approved a new Customs Code, which will enter into force on 4 June 2017.
Angola | 2017.02.23
NEW CUSTOMS SINGLE DOCUMENT FORM APPROVED
In an effort to bring the customs system up to date and to expedite customs clearance formalities, the Minister of Finance issued Executive Decree No. 67/17, of 14 February 2017, introducing a new Customs Single Document (Documento Único – “DU”) form.
Angola | 2017.02.17
NEW FOREIGN EXCHANGE RULES FOR ANGOLA’S CAPITAL MARKETS
The Angolan Central Bank (BNA) has recently issued Order No. 1/17, of 3 February 2017, which establishes the procedures applicable to investments, capital transfers, interests, dividends and other revenues related...
Angola | 2017.02.17
NEW RULES ON OPENING AND MANAGING OF DEPOSIT ACCOUNTS IN ANGOLA
By means of Order No. 2/17, of 3 February 2017, the Angolan Central Bank (BNA) approved new rules for the opening and managing of deposit accounts...
São Tomé and Príncipe | 2017.02.09
NEW STATUTE SHAKES UP INSURANCE AND REINSURANCE BUSINESS
The recently-enacted Decree-Law No. 8/2016, of 15 November 2016, which has just been made public, provides for new requirements applicable to insurance and reinsurance intermediation business.
Republic of the Congo | 2017.02.09
2017 FINANCE LAW IMPACTS TRANSFER PRICING, TAX RATES AND PENALTIES
The Congolese Finance Law for 2017 (Law no. 33/2016), was enacted on 31 December 2016.
São Tomé and Príncipe | 2017.02.08
CONVERSION RATE OF NEW CURRENCY APPROVED
Decree-Law No. 11/2016, of 16 November 2016, recently made public, approves the conversion of São Tomé and Príncipe’s existing currency...
Cape Verde | 2017.02.08
DEPOSIT GUARANTEE FUND HAS BEEN CREATED
By means of Law No. 07/IX/2017, of 27 January 2017, the Deposit Guarantee Fund (“DGF”) was set out.
Angola | 2017.02.06
NATIONAL POLICY ON COMPENSATORY MEASURES APPROVED
Following the enactment of the legal regime on mandatory compensatory measures (Law No. 20/16, of 29 December 2016), the Government has further approved the National Policy on Compensatory Measures by means of Presidential Decree No. 4/17, of 26 January 2017 (“Presidential Decree 4/17”).
Angola | 2017.02.03
REGISTRATION TEMPLATES FOR OIL-SECTOR COMPANIES APPROVED
Further to Decree 48/06, of 1 September 2006, which approved the rules and procedures for public tendering in the petroleum sector, the Minister of Petroleum approved by means of Order 29/17, of 27 January 2017, the following templates...