Thinking beyond borders
Extended business travellers are likely to be taxed on Angolan source income.
For extended business travellers, the types of income that are generally subject to tax are employment income, business and professional income.
The employment/ business and professional income are segmented into three taxation groups:
There is no “value added tax” in Angola. However, a consumption tax applies on supplies and imports of goods and services within the Angolan tax territory.
Angola has a transfer pricing regime.
Angola has data privacy laws.
All foreign exchange transactions are subject to comply with the exchange control regulations imposed by the national bank. Under such regulations there are limitations on the amount of money that can be transferred out of Angola.