Angola’s 2026 tax reforms introduce mandatory electronic filing for corporate taxpayers, reduce VAT on industrial equipment to 5%, establish a new Foreign Exchange Operations Contribution at 10% for companies, and cut or exempt Property Tax on residential transfers up to AOA 100 million.
Angola’s parliament has approved the General State Budget for 2026 on 19 November 2025, introducing amendments to several tax laws.
The key amendments are:
Corporate Tax Reforms
Electronic filing mandate: General and simplified regime corporate taxpayers are now obligated to submit their declarations electronically. The Tax Administration (AGT) is mandated to provide support to taxpayers who lack the technological capacity to submit electronically.
Value Added Tax (VAT) Reforms
- Industrial equipment reduction: The VAT rate applied to the importation or transfer of industrial equipment by manufacturers is reduced to 5%.
- Exemption for mobile transactions: To foster financial inclusion and digital payments, transactions carried out via mobile payment and instant transfer platforms authorised by the National Bank of Angola are exempt from both VAT and Stamp Tax.
Special Contribution on Foreign Exchange Operations (CEOC)
A new mandatory Contribution on Foreign Exchange Operations is established, targeting transactions involving international transfers. The CEOC covers transfers related to service contracts, technical assistance, consulting, management, capital operations, and unilateral transfers.
The applicable rate varies by entity type: 2.5% for individuals and 10% for legal entities.
Residential Property Tax Reductions
Transfers of real estate destined for residential purposes valued up to AOA 40 million are exempt from property tax. For residential properties valued between AOA 40 million and AOA 100 million, the applicable property tax rate is reduced by 50%.
Other Notable Tax Changes
General tax debt amnesty: Taxpayers with outstanding tax debts incurred in periods up to 31 October 2025 are eligible for a forgiveness of interest, provided the principal tax amount and related penalty are settled by the end of June 2026.
Customs modernisation: The minimum customs duty rate for the 2026 fiscal year is set at 5%. This 5% rate also applies to goods declared under the Declaration of Exclusivity regime.
Stamp tax exclusions: Operations within the Interbank Monetary Market and capital increases carried out by legally constituted commercial companies are exempt from Stamp Tax.
The National Assembly approved the 2026 General State Budget on 18 November 2025, and it entered its first debate the following day. The tax amendments will take effect on 1 January 2026 upon receiving presidential assent.
