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The economic and social sectors currently offering the
highest number of investment opportunities are:
• Agriculture, Livestock Production and Forestry
• Manufacturing and Processing Industries
• Fisheries and Aquaculture, including fish
processing
• Construction and Housing Support
• Healthcare (Preventive Medicine, Pharmaceutical Industry, etc.)
• Education (Regular Education and Technical-Vocational Training)
• Transport and Telecommunications
• Hospitality and Tourism
• IT and Management Technology
Angola’s New Private Investment Act
With the aim of improving the business environment and making the Angolan market more
attractive for private investment, as well as
for direct foreign investment, the Government
passed the new Private Investment Act (Law no.
14/15 of 11/8/2015), which lays down the general framework for private investment in Angola.
The new law sets out the principles and rules
for ac c ess to b enefits and other facilities
provided by the State, most notably, tax, customs and foreign exchange incentives, which
favour the establishment of partnerships for
the implementation of development projects,
mainly related to construction, expansion
and rehabilitation of infrastructures across
the various sectors. Such benefits include
exemption from industrial tax over specific
periods of time and rebates on customs duties
paid on imports of raw materials, equipment
and capital goods.
Although this law applies to internal investments
in a minimum global amount equivalent to AOA
50,000,000.00 (fifty million Kwanzas) and to all
foreign investment regardless of the global amount,
the granting of fiscal incentives is subject to the
following criteria:
a. Internal investments, whose global amount is
equivalent to a minimum of USD 500,000.00;
b. Foreign investments, whose global amount is
equivalent to a minimum of USD 1,000,000.00.
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