Foreign traders in Angola will have to pay taxes

19 July 2016

Angola’s Ministry of Trade will register and license the commercial activity carried out by foreigners in the country, including those that are currently illegal, according to a government order establishing a working group responsible for the operation.

The aim of this working group led by Isabel Amado, the director of the Ministry’s legal office, is for these foreigners to become “taxpayers with state-controlled activity” according to the order signed by the Minister of Trade, Fiel Constantino.

The government admitted in 2015 that the shadow economy in Angola represents 60% of the economy as a whole, putting the country among the sub-Saharan nations with the biggest shadow economies.

Also in 2015, the police reported the existence in Angola of “more than 500,000 illegal immigrants,” classifying the situation as a “silent invasion,” according to Portuguese news agency Lusa. (macauhub/AO)