Angola: The New Legal Regime Governing Invoices And Equivalent Documents

Author:Mr Rogério Fernandes Ferreira, Marta Machado De Almeida, José Calejo Guerra and Francisco Mascarenhas De Lemos
Profession:RFF & Associados

Angolan's Republic Gazette of 1 October 2013 has been recently released thus publishing Presidential Decree no. 149/13, which introduces a new set of rules applicable to invoices and equivalent documents to be issued by Angolan taxpayers carrying out commercial or industrial activities.

According to this new regime, which enters into force on 30 November 2013, all onerous transfer of tangible1 and intangible goods and provision of services shall give rise to the issuance of invoices or equivalent documents. Pursuant to the legal definitions, invoice is a commercial document which contains the following information, in Portuguese language:

(i) Name and address of the supplier and of the acquirer, as well as their tax identification numbers;

(ii) Sequential numbering;

(iii) Detailed information about the goods or services supplied, with quantities;

(iv) Final price, in local currency, except for invoices regarding imports and exports, where specific requirements apply;

(v) Tax rates and the amount of taxes due; and

(vi) Date of the invoice and of delivery of goods or services to the acquirer if such date differs from the one on the invoice.

Equivalent documents are, on other hand, receipts, debit notes, customs clearance documents and other documents which fulfil the requirements set forth in this regime.

Even though it is generally mandatory to issue invoices in all transactions, until the 5th working day after the delivery of the goods or services, and through electronic means, the taxpayer is exempted from such obligation in the following situations:

(i) Transfer of goods completed through vending machines or through electronic means;

(ii) Provision of services subject to the issuance of tickets or alike, where the information required...

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