Fiscal Benefits

Under the Private Investment Law:

• Industrial taxes: 80% reduction of industrial taxes for a period of eight (8) Years

• Urban property tax: Reduction of the rate by 75%, for the ownership of real estate for the office and the establishment of the investment, for a period of 8 (eight) years

• Tax on Capital: Reduction of the rate on the distribution of profits and dividends by 80%, for a period of 8 (eight) years

• Others (to be agreed)

Reasons to invest

• Well developed upstream oil and gas industry

• Identified market need for refined products

• Angola’s geographic location

• Easy access to regional and international markets

• Incentives to accelerate ROI

• Ownership of the asset

• Opportunity to further invest in other areas