Angola

The major recent tax changes were the following:

• Law 14/25, of 30 December 2025, approved the General State Budget for 2026. This diploma entered into force on 1 January 2026. Amongst various tax measures, we highlight the following key updates:

• The exemption from personal income tax (PIT) for employment income up to 100,000 kwanza (AOA) is increased to AOA 150,000. 
• The transfer of immovable property for residential purposes up to AOA 40 million is exempt from property tax, and the property tax rate applicable to transfers of immovable property for residential purposes valued above AOA 40 million is reduced by 50%, up to a limit of AOA 100 million.
• The 5% rate of the Investment Income Tax (IIT) applicable to certain types of income has been eliminated, and a 10% rate now applies.

• Presidential Legislative Decree No. 4/26, of 22 April 2026, created the Special Contribution for Tourism (CET) and approved its respective legal framework. This diploma entered into force within 90 days from the date of its publication.