Angola

The major recent tax changes were the following:

• Law 14/23, amending the Value Added Tax (VAT) Code, was published on 28 December 2023 and came into force on the same day. On the same date, the full republication of the VAT Code was approved, including the changes, amendments, and revocations.

• Presidential Legislative Decree 1/24, of 3 January 2024, approves the new Customs Tariff for Import and Export Rights and revokes Presidential Legislative Decree 10/19, of 29 November 2019.
• Law 18/24, of 30 December, approves the General State Budget for the 2025 financial year and introduces amendments to several tax regimes including Value Added Tax, Personal Income Tax, Stamp Tax, Special Levy on Foreign Exchange Operations, among others. 
• Presidential Legislative Decree 71/25, of 20 March 2025, approves the new Legal Regime of Invoices, which will come into force in September 2025.