Doing Business with Angola

A comprehensive guide to doing business, exporting, investing, and manufacturing in Angola.

Foreign Direct Investment with the International Trade Council / Company Incorporation / Company Formation

Private Investment And Export Promotion Agency

Tel: +244 222 39 14 34
Email: geral@aipex.gov.ao
Web: www.aipex.gov.ao

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General Tax Administration (AGT)

Angola General Tax Administration (AGT) - International Trade Council

Tel: +244 923 167 010
Email: apoioagt@minfin.gov.ao
Web: agt.minfin.gov.ao

National Chamber of Commerce

Angola Area Chamber of Commerce

Angola Area Chamber of Commerce - International Trade Council

Tel: +244 260 665 3512
Email: officeadmin@angolachamber.org
Web: www.angolachamber.org

Ministry of Economy Information from the International Trade Council - a Peak-body - international chamber of commerce

Ministry of Economy and Planning

Tel: +244 930 091 708
Email: geral@mep.gov.ao
Web: www.mep.gov.ao

  • Type of Government: Presidential Republic
  • Population: Approximately 35 million (as of 2023)
  • GDP: Around $114 billion USD
  • Corporate Tax Rate: 25%
  • Personal Income Tax Rate: Progressive, up to 25%
  • Major Exports: Crude oil, diamonds, refined petroleum, gas, coffee
  • Major Imports: Machinery, electrical equipment, vehicles, foodstuffs, pharmaceuticals
  1. Research Market Requirements

    • Understand Angola’s import regulations and standards.
    • Identify demand for your product in Angola.
  2. Product Compliance

    • Ensure your product meets Angola’s quality and safety standards.
    • Obtain necessary certifications and documentation.
  3. Find an Importer or Partner

    • Identify potential local partners or importers.
    • Establish a relationship and negotiate terms.
  4. Register Your Business

    • Register with relevant Angolan authorities if required for your sector.
  5. Prepare Documentation

    • Invoice
    • Packing list
    • Bill of lading or airway bill
    • Certificate of origin
    • Any product-specific certificates (e.g., health, safety)
  6. Customs Clearance

    • Submit documents to Angolan customs.
    • Pay any applicable duties and taxes.
  7. Shipping and Logistics

    • Choose a reliable shipping company.
    • Ensure proper packaging and labeling according to Angolan regulations.
  8. Contact Key Government Agencies

    • Ministry of Industry and Commerce
    • Angolan Customs Authority
  9. Follow Up on Delivery

    • Confirm receipt and satisfaction with the importer.
    • Address any issues promptly.

Key Contacts

  1. Research Import Regulations

    • Understand Angola’s import rules and requirements.
    • Check if your goods require special permits or licenses.
  2. Register as an Importer

    • Register your business with the Angolan authorities.
    • Obtain an import license if necessary.
  3. Find a Supplier

    • Identify and establish a relationship with a reputable supplier.
    • Negotiate terms and conditions.
  4. Arrange Shipping and Logistics

    • Select a reliable freight forwarder or shipping company.
    • Ensure proper packaging and labeling according to Angolan standards.
  5. Prepare Documentation

    • Commercial invoice
    • Packing list
    • Bill of lading or airway bill
    • Certificate of origin
    • Any additional certificates required (e.g., health, safety)
  6. Customs Clearance

    • Submit all documents to Angolan customs.
    • Pay applicable duties and taxes.
  7. Compliance and Inspection

    • Ensure compliance with all import regulations.
    • Be prepared for potential inspections by customs officials.
  8. Contact Key Government Agencies

    • Ministry of Industry and Commerce
    • Angolan Customs Authority
  9. Receive Goods

    • Arrange for transportation from the port to your warehouse or facility.
    • Inspect goods upon arrival and address any issues.

Key Contacts

  1. Choose a Company Type

    • Decide on the type of company (e.g., Limited Liability Company).
  2. Reserve a Company Name

    • Check the availability of your desired company name.
    • Reserve the name with the Angolan Business Registration Office.
  3. Prepare Documentation

    • Draft the Articles of Association.
    • Obtain identification documents for all shareholders and directors.
  4. Register the Company

    • Submit documents to the Guichet Único (One-Stop Shop).
    • Pay the registration fee (approximately $500 USD).
  5. Obtain a Tax Identification Number (NIF)

    • Register with the Angolan Tax Authority for a NIF.
  6. Open a Bank Account

    • Open a corporate bank account in Angola to deposit the initial capital.
  7. Register for Social Security

    • Register the company and employees with the National Institute for Social Security.
  8. Obtain Necessary Licenses

    • Apply for any sector-specific licenses or permits required for your business.
  9. Contact Key Government Agencies

    • Ministry of Industry and Commerce
    • Guichet Único

Key Contacts

  1. Conduct Market Research

    • Analyze demand for your product in Angola.
    • Study local competition and market conditions.
  2. Choose a Location

    • Select a suitable site considering logistics, labor availability, and utilities.
    • Ensure compliance with zoning laws.
  3. Register Your Business

    • Incorporate your company through the Guichet Único.
    • Obtain a Tax Identification Number (NIF).
  4. Acquire Land

    • Secure the necessary permits and approvals for land acquisition.
    • Check for environmental regulations and compliance.
  5. Obtain Necessary Permits

    • Apply for construction permits.
    • Obtain environmental and sector-specific licenses.
  6. Set Up Infrastructure

    • Plan and construct the plant facilities.
    • Ensure utilities (water, electricity) are connected.
  7. Hire and Train Staff

    • Recruit local workforce.
    • Provide necessary training and development programs.
  8. Install Machinery and Equipment

    • Procure and install manufacturing equipment.
    • Ensure compliance with safety standards.
  9. Start Production

    • Begin trial runs and quality checks.
    • Optimize processes for efficiency.
  10. Contact Key Government Agencies

    • Ministry of Industry and Commerce
    • Angolan Environmental Agency

Key Contacts

  1. Conduct a Trademark Search

    • Check the availability of your trademark to ensure it’s unique.
    • Use the database of the Angolan Institute of Industrial Property (IAPI).
  2. Prepare Your Application

    • Gather necessary documents: applicant details, trademark representation, and description of goods/services.
  3. Submit the Application

    • File your application with the Angolan Institute of Industrial Property (IAPI).
    • Pay the application fee (approximately $200 USD).
  4. Examination Process

    • IAPI will examine the application for compliance with legal requirements.
  5. Publication

    • If approved, the trademark is published in the Industrial Property Bulletin for opposition.
  6. Opposition Period

    • A 60-day period during which third parties can oppose the registration.
  7. Final Registration

    • If no oppositions, the trademark is registered.
    • Pay the registration fee (approximately $300 USD).
  8. Receive Certificate

    • Obtain the trademark registration certificate from IAPI.

Key Contacts

  • Angolan Institute of Industrial Property (IAPI)
  1. Negotiation

    • Attempt to resolve the dispute through direct negotiation between parties.
    • This step can save time and costs associated with formal proceedings.
  2. Mediation

    • Engage a neutral third-party mediator to facilitate a resolution.
    • This can be a cost-effective and confidential way to settle disputes.
  3. Arbitration

    • Choose arbitration if specified in the contract or agreed upon by parties.
    • Faster than litigation and the decision is binding.
    • Costs vary, typically including arbitrator fees and administrative expenses.
  4. Litigation

    • File a lawsuit in the appropriate Angolan court if other methods fail.
    • Consider legal representation due to the complexity of the process.
    • Court fees and legal costs will apply.
  5. Court Judgment

    • Await the court’s decision, which can be appealed if necessary.

Key Contacts

Social and Cultural Factors

  • Language: Portuguese is the official language, essential for business communication.
  • Business Etiquette: Personal relationships and trust are crucial. Be prepared for lengthy negotiations.
  • Cultural Norms: Respect for hierarchy and formal greetings are important.

Political Environment

  • Government: Angola is a presidential republic. Political stability has improved, but challenges remain.
  • Regulations: Ongoing reforms aim to improve the business climate, but bureaucracy can be complex.

Economic Factors

  • Foreign Exchange: The Angolan Kwanza (AOA) is subject to fluctuations. Currency exchange regulations can impact transactions.
  • GDP and Growth: The economy is largely dependent on oil, but diversification efforts are underway.

Rule of Law

  • Legal System: Based on Portuguese civil law. Contract enforcement can be slow.
  • Corruption: Transparency has improved, but corruption remains a concern in some sectors.

Infrastructure

  • Development: Infrastructure is developing, with improvements in transportation and energy sectors.
  • Challenges: Some areas still face issues with reliable access to utilities.

Key Contacts and Resources

  • Angola National Agency for Private Investment (ANIP)
  • World Bank Angola Overview: World Bank
  • Angolan Chamber of Commerce and Industry: CCIA

Our Members Include Leading Organizations in Angola

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