In Angola 2007/2008 - (Page 18) VESTMENT INCENTIVES One of the major benefits of investing in Angola is the incentives package that is offered based on development zones and eligible industries. The industries qualifying for incentives include: • farming and animal breeding • processing • fishing and derivatives • civil construction • health and education • energy and water infrastructures • roads and railroads • ports and airports • telecommunications • heavy cargo and passenger equipment Investors wishing to benefit from the fiscal incentives must, cumulatively: • meet the legal and tax conditions for the conduct of their activity; • be free of outstanding debts to the State and to Social Security, and not be in arrears to any financial institutions; Learn more at www.investinangola.com INVESTMENT INCENTIVES 1 Eligible Industries Branch of Industry 2 Where Will You Be Located? Development Zone 3 Your Incentives Are: Customs Duties: Investment operations are exempt from payment of duties & fees Industrial Tax: Profits yielded from investments are exempt from the payment of industrial tax 8 Years Capital Gains Tax: Companies that promote capital investments are exempt from the payment of capital gains tax 5 Years Farming & Animal Breeding, Processing, Fishing & Derivatives, Civil Construction, Health & Education, Energy & Water Infrastructure, Roads & Railroads, Ports & Airports, Telecommunications, Heavy Cargo & Passenger Equipment Zone A: Province of Luanda, the capital municipalities of the Provinces of Benguela, Huila, Cabinda & the Municipality of Lobito 3 Years Zone B: Remaining municipalities of the provinces of Benguela, Cabinda & Huila, & Provinces of Kwanza Norte, Bengo, Uige, Kwanza Sul, Luanda Norte & Luanda Sul Zone C: Provinces of Huambo, Bie, Moxico, Cuando Cubango, Cunene, Namibe, Malanje & Zaire 4 Years 12 Years 10 Years 6 Years 15 Years 15 Years Special Economic Zones: Defined on a project basis – – – 18 http://investinangola.com/engDefault.asp
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