With a Total National Production of USD 61.4 billion, a workforce of 32.9 million, and a per head revenue of USD 3,103.5, Angola is a medium-income nation in southern Africa. It is listed as sub-Saharan Africa’s eighth-largest GDP. For its 50% GDP, 65% of budgetary earnings, and 97% of sales, Angola is heavily reliant on the offshore oil business sector.
The WHO import duty accords include Angola. The participating nations’ foreign product taxes can be further reduced thanks to this agreement. Only a select few products are even eligible for duty-free treatment. People who intend to purchase international goods for domestic or personal use in Angola must be properly informed of the taxes that apply.
Import tariffs
Goods entering Angola are subject to the following import duties and levies, which are based on the product’s CIF valuation:
- 1% stamping tax and port management charges of up to USD 278 for 20′ containers and USD 473 for 40′ containers; and 1% stamping duty.
- For 20′ and 40′ containers, the port cost is USD 90 and USD 153, respectively.
- The usual trading cost is between 0.5 and 2 percent, while the standard custom fee is 2 %.
- The amount of import taxes ranges from 2 to 50%.
Border tariffs in Angola presently range from 2 to 50%, or a mean of 10.9 percent. The 5% exporting tax on raw ores was repealed by a 2019 change to the border tax rules. According to a 2019 custom duty assessment by the World Trade Organization, import taxes on farming and non-agricultural goods were, in total, 19.3 % and 8.7 %, correspondingly.
The industries in which Angola is concentrating on developing indigenous production are those with the maximum trade tariffs. Caffeine, drinks, fruits, veggies, seafood and fishing commodities, sugar, grains, and timber are some of this merchandise. Currently, import taxes on consumer products are 9.4% on average, while those on mining products are 11.6 percent. For tax rates, refer to the table below:
Table 1.1
| Product | Avg duty % | Duty-free % | Max duty % |
| Manufacture goods | 9.4 | 27.3 | 50 |
| Transport items | 5.1 | 56.9 | 50 |
| Electrical machinery | 4.7 | 44.4 | 50 |
| Non-electrical good | 1.6 | 86.6 | 50 |
| Leather | 9.2 | 27.9 | 50 |
| Footwear | 9.2 | 27.9 | 50 |
| Clothing | 15.4 | 0 | 40 |
| Textile | 5.5 | 39.5 | 50 |
| Wood | 18.7 | 25.8 | 50 |
| Paper | 18.7 | 25.8 | 50 |
| Chemical | 4.0 | 80.4 | 50 |
| Petroleum | 4.0 | 33.3 | 10 |
| Mineral metals | 11.6 | 40.8 | 50 |
| Fish products | 25.0 | 0.4 | 30 |
| Agriculture products | 5.9 | 55.9 | 50 |
| Cotton | 0 | 100 | 0 |
| Beverages | 52.9 | 8 | 70 |
| Sugar | 10.2 | 23.5 | 20 |
| Oils | 3.5 | 47.0 | 30 |
| Animal products | 11.2 | 28.8 | 30 |
| Dairy products | 11.2 | 2.4 | 20 |
| Fruits & veggies | 35.5 | 11.2 | 50 |
| Coffee & tea | 23.3 | 4.2 | 50 |
Check the Angolan Ports Info website to find out how much import taxes and associated levies will cost for a given item in Angola as well as for international markets.
Sales to the state of Angola are free from importation taxes. Because Sonangol, a government-owned oil firm, owns a majority of these businesses, the majority of transactions in the petroleum and gas sector are therefore exempt.
Fees for delay
For the first 15 days, there are no late delivery charges to pay, and there are no port storage expenses to pay for the first five days after delivery to the port. After that, fees for port storage of a 40′ container or a delay of more than 15 days are $61 per day and $40 per day, respectively.
Value Added Tax (VAT)
Value Added Tax was introduced in Angola to supplement the Consumer Levy (VAT). The Basic VAT Regulation is mandatory for individuals in the industrial sector, irrespective of the corresponding yearly sales or import activities, and these people have the right to subtract the whole quantity of VAT paid from their income tax evaluation. When receiving the clearance of trades, taxpayers subject to this system who only conduct VAT-exempt transactions are required to pay Stamp Service at a rate of 7%.
