Angola overview
Basic Facts
- African Union member country
- No.1 producer of oil in Africa, 2nd largest producer of diamonds in the world
- Angolan kwanza (AOA) currency
- Legal system based on Portuguese civil law and customary law
- Politically stable presidential democratic country
- Double taxation agreements with six countries
- Portuguese and English speaking
Reasons for doing business in Angola
TOP 3
Tax benefits for companies in the free zones of Angola
Simplified tax regime for certain companies with turnover less than 250,000 USD
No Controlled Foreign Company (CFC) rules
More advantages
- Corporate income tax rate of 25%
- Tax on dividends, interests of 10% paid by Angolan companies
- Loss carry forward available for up to 5 years
- Inheritance, gift tax rate of 0.5%, 1%, 2%
- No wealth tax
Company formation in Angola
Do you need to establish a company in Angola? Then to administer it?
Are you looking for a reliable lawyer or accountant in Angola?
Do you want to structure your international business in a correct way?
You do not know yet what do you actually need?
Well, contact us at any time, we are ready to help you to find the right answers and workable solution for your specific needs.
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