Angola’s new tax paradigm
As from July 1, 2019, simultaneously with the VAT implementation, it is expected that excise duty will also enter into force.
The amount of excise duty will be calculated on the production cost, in case of goods produced in Angola, or on the import value, in case of imported goods.
Duty rates will vary between 2% (for most cars and oil derivatives) and 16% (for most alcoholic and sweetened drinks).
"Changing times in the paradigm of the consumption taxation in Angola are coming, which will oblige taxpayers to adapt to a new reality."
"The excise duty will lead to an inevitable price increase in the products on which it affects, penalizing those goods that are considered to be harmful to society."