Angola Introduces Special Tax Regime for Cabinda Province

Angola has introduced a special tax regime for the province of Cabinda through Presidential Legislative Decree No. 4/22, which was published in the Official Gazette on 23 July 2022 and entered into force on that date. Key points of the special tax regime include:

• The corporate (industrial) tax rate for agricultural activities is 3%, which may be adjusted if there are changes in the general rate;
• The corporate tax rate for the industrial sector is 10%;
• The tax rate on the distribution of pro…