A new private investment law, n.º 14/15 was published on the 11^th August in Angola.

This law came into force on the same day of its publication and approved the new regime of private investment in Angola. It revoked the former law n.º 20/11 of 20 May and introduced relevant changes when compared with the previous regime.

This law essentially aims to make the procedure for the admission of investment less bureaucratic, as well as adapt the system of tax and customs incentives and benefits to the current economic dynamic of the country.