Angola is strategically situated on the At¬lantic coast of West Africa, where it acts as an open entrance to Southern and Central Africa by way of both road and railroad networks. The Angolan Government, working through the Na¬tional Private Investment Agency-ANIP, which is the only approved entity accountable for its private investment policy (national and FDI), is thoroughly dedicated to protecting every private investor wish¬ing to invest in Angola. The currency is becoming powerful, day by day, stimulating the consuming habit within the Angolan and foreign populations who live in the capital and in the provinces. Angola is the second largest oil exporter in Africa and that country has achieved high economic growth rates for all decade.
Scroll down for more information on company formation in Angola.
Type | Limited Liability Company/Branch office |
Under Algeria law, foreigners can own | 100% |
Share Capital | AOA 1,000 |
Shareholders | Minimum two |
Memorandum and Articles of Association | Yes |
Hiring expatriate staff in Angola | Yes |
Tax Registration Certificate Required | Yes |
Statutory audit required | yes |
The timeframe for Incorporation: | 5 to 6 months |
Annual Return | Must file with Corporate Affairs Commission |
How long to open Corporate Bank Account | 2 weeks |
The timeframe for Incorporation: | 3 – 4 weeks |
Annual Return | Must file with Corporate Affairs Commission |
Annual Tax | Must be filed |
Access to Angola double tax treaties | Yes |