National Agency For Oil, Gas and Biofuels (ANPG) and Oil Derivatives Regulatory Institute (IRDP)

In the mid-term plan approved by Presidential Decree No 258/17 was stipulated that one of the measures to be taken would be to create the basic principles and legal framework for the privatization of the corporate assets and the restructuring strategy of SONANGOL. The National Agency for Oil, Gas and Biofuels...

Incorporation and Register of Sociedades Gestoras de Patrimónios (Asset Management Firms)

The Presidential Legislative Decree No. 2/17 of 9 August regulates the regime of Sociedades Gestoras de Património (Asset Management Companies, hereinafter referred to as AMCs) which are a non-banking financial institutions connected to the capital market and investment, and whose purpose is the activity of asset ...

Exceptional Regularization of Tax, Customs and Social Security Debts

The Law that approved the General State Budget for the economic year of 2019 (Law no. 18/18, 12.28) established in its article 17 that the regularization of fiscal, customs and social security debts, whose tax events occurred until 31 December 2017 , are made without the payment of interest, fines and procedural...

Special Contribution on Exchange Operations on Current Invisible

The Law which approved the State General Budget for the Economic Year of 2019 (Law no. 18/18, 12.28) created the Special Contribution on Exchange Transactions of Current Invisible (article 15). This Contribution covers transfers made under contracts for the provision of technical assistance or management services...

Limit term for submission of complaints late internal debt during

Limit term for submission of complaints on late internal debt during the economic exercises of 2013 to 2017 Executive Decree No. 507/18 of 20 of November established that complaints must be submitted no later than January 31, 2019.   Complaints must be submitted to the Budget Units that have contracted debts,...

Regulation on Private Investment Law

Presidential Decree No. 250/18 of October 30, which entered into force on the same day and revoked Presidential Decree No. 182/15 of September 30 and Presidential Decree 164/17 of July 12, approved the Regulation of Private Investment Law (Law no. 10/18 of June 26). Documents to instruct the application for...

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