Clifford Chance

Angola: Developments in tax reform and foreign exchange regulations

18 November 2014

The Angolan government is in the process of reforming the Angolan tax system. This process commenced in 2011. An important objective of the tax reform is to increase the country's non-oil related tax revenues. Next to the tax reform the Angolan government has also introduced changes to the foreign exchange regulations that have a focus on the oil and gas industry and the import of goods. This client briefing provides an overview of the impact of these changes.

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