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Dear <<First Name>> <<Last Name>>
Please refer to the monthly legislation updates provided by MC JURIST and kindly find below a summary of the acts of legislation deemed relevant, enacted during the calendar month of December 2019, in the Republic of Angola.
In case you require any further assistance please contact directly Mr. Nuno Catanas.
Kind Regards and Happy New Year 2020!
Kindly be informed that on this date, the Official Gazette of 31 December 2019 has still not been published. We will inform you should any relevant legislation be enacted on said date
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National Bank of Angola
Foreign Exchange Operations - Natural Persons
BNA Order 12/19, of 2 December 2019*
Summary: Establishes the rules and procedures to be observed by natural persons when conducting foreign exchange operations. - Revokes BNA Order 10/19 of 6 November 2019, Instruction 1/03 of 7 February 2003, Instruction 6/18 of 19 June 2018, Directive 15 / DSP / 11 and all other regulatory provisions contrary to the provisions of this BNA Order
*BNA Order 12/19 was the subject of our Flash Legislation Update of 11 December 2019
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National Bank of Angola
Foreign Exchange Operations - National Concessionaire
BNA Order 13/19, of 2 December 2019
Summary: Establishes the procedures to be adopted in foreign currency sale operations carried out by the National Concessionaire and domestic and foreign investment companies, regardless of their operator status, including entities engaged in the production of liquefied natural gas, for the settlement of goods and services provided by foreign exchange residents. - Revokes BNA Order 7/14, of 8 October 2014, and other legislation contrary to the provisions of this BNA Order
*BNA Order 13/19 was the subject of our Flash Legislation Update of 11 December 2019
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Council of Ministers - Secretariat
High Security Tax Stamps - Amendment
Rectification 32/19, of 2 December 2019
Summary: Amends Presidential Decree 216/19 of 15 July 2019, which establishes the obligation to affix high security tax stamps on beverages, alcoholic beverages, tobacco and their manufactured substitutes and other products
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Ministry of Public Administration, Labour and Social Security and
Ministry of Mineral Resources and Petroleum
Sonangol Transfer of Human Resources to ANPG
Joint Executive Decree 404/19, of 16 December 2019
Summary: Approves the transfer of Human Resources from Sonangol, E.P., to the National Petroleum, Gas and Biofuels Agency
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National Assembly
General State Budget - 2020
Law 30/19, of 27 December 2019
Summary: Approves the State General Budget for the Economic Year 2020, abbreviated as OGE / 2020, which includes estimated revenues in Kz: 15 970 605 826 135.00 and expenditure set at the same amount for the same period. - Revokes all legislation contrary to the provisions of this Law
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Ministry of Finance
Tax Residence Certificate - Approval of Templates
Executive Decree 424/19, of 30 December 2019
Summary: Approves Tax Residence Certificate and Declaration of Conformity Templates
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Ministry of Finance
Traffic Circulation and Inspection Fee - 2019
Executive Decree 426/19, of 30 December 2019
Summary: Determines the collection of the Traffic Circulation and Inspection Fee, by reference to the Year 2019, through the Traffic Tax Stamps. - Revokes Executive Decree 519/18 of 14 December 2018 regarding the 2017 Traffic Circulation and Inspection Fee for the Year 2017
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National Bank of Angola
Foreign Exchange Operations - Non-residents
BNA Order 15/19, of 30 December 2019
Summary: Defines the procedures for non-resident foreign exchange operations. - Revokes BNA Order 13/14, BNA Order 14/14, both of 24 December 2014, BNA Order 1/17, of 3 February 2017, and all provisions of Instruction 1/ 03 of 7 February 2003, contrary to the provisions of this BNA Order
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