Mozambique: Parliament approves new VAT Code

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Some modifications have been occurred to the Value Added Tax (VAT) Code by using Law No. 13/2016 and those changes are approved by the Parliament of Mozambique. These changes are applied to facilitate implementation of net VAT system. The new system is proposed to make VAT revenue management more efficient. The amendments are about inclusion the tax electronic services, exemption in aviculture and beekeeping services, deadline reduction for delivery of the periodic VAT return (from the end of the following month to the 15th day of the following month when there are credits under paragraph 2, article 32), relief in public passenger transport services, deadline extension for the VAT exemption in case of sugar and oil and soaps industries until 31st of December 2019, no longer exemption applies for acquisition of services regarding drilling, research and construction of infrastructures in the scope of mining and oil activity and inclusion in article 27 of the obligation of invoices to be issued in a national language and currency, irrespective to the recipient’s residence. These amendments come into force from 1st of January 2017.

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