Angola’s government had submitted the 2025 State Budget Law on 31 October 2024 with various tax measures.

The proposed tax measures state that:

  • Non-compliant taxpayers will still face restrictions on financial transactions and work permit renewals until they meet their tax law obligations;
  • A new law has been introduced to prevent non-compliant taxpayers, such as those with unpaid duties or incomplete documentation, from clearing their goods through customs;
  • Taxpayers in the agricultural and livestock sector can deduct infrastructure investment costs for production and distribution for five years after approval from the General Tax Administration (AGT);
  • Taxpayers who voluntarily register their properties with the General Tax Administration in 2025 may be exempt from property tax and any associated interest and fines for 2019–2023, provided they meet the proposed legislation’s requirements;
  • Individual taxpayers registered for over five years without any activity can update their registration without fines for not submitting tax declarations.

VAT

The VAT on importing or transferring industrial equipment by manufacturers is reduced to 5%, subject to taxpayer request and AGT approval.

Customs tariff changes

  • Import duties on cotton fabrics have been reduced from 30% to 20%;
  • A 30% import duty has been introduced on rice weighing less than 10 kg.