The tax regime of Angola was subject to several amendments in October 2014. We highlight the main legislation:  

General Tax Code: Approved by Law number 21/2014, of October 22, aims to adjust the basic principles of Angola tax system to the political, social and economic reality, which includes the specific activities carried out by agents of micro, small and medium companies.  

Enforcement proceedings: Replacing the previous Simplified Tax Execution Regime, Law number 20/2014, of October 22, approved the Code of Enforcement Proceedings.   

Labour Income: Revoking all the discordant Acts, Law number 18/2014, of October 22, approved the Personal Income Tax Code.   

Industrial Tax: Approved by Law number 19/2014 of October 22, the Industrial Tax Code revoke all previous legislation on the matter.  

Stamp Duty: Revision and republication of the Stamp Duty Code by Legislative Decree number 3/2014 of October 21, in order to clarify the applicable rules and to "make the provisions of the tax more fair, simple and usable". 

Capital Investment: Revision and republication, by the Presidential Legislative Decree number 2/2014 of October 20, of the Capital Investment Tax Code.