On 28 December 2018, Angola published Law no. 18/19 with the General State Budget for 2019. The main procedures are summarized as follows:
The Special Contribution on technical support and management service contracts were maintained in 2019. The special fee is calculated as 10% of the previous transfer fee and is paid by the organization that needs to transfer the foreign funds.
Amnesty plans have been implemented, including the complete abandonment of amnesty plans, fraud and procedural costs to simplify pardons, taxes and social security delinquencies. This plan applies to debts arising from tax incidents that occurred prior to December 31, 2017. Applicants must file applications by June 30, 2019 and pay by December 31, 2019. Depending on the oil, gas and mining tax system, most companies can benefit from amnesty plans.
The law came into force on 1 January 2019.
