Includes information on average tariff rates and types that U.S. firms should be aware of when exporting to the market.
Import taxes and fees for products entering Angola are calculated on CIF (cost, insurance and freight) value of the product and include:
• Import duty can vary from: 2 to 50 percent
• General Customs fee: 2 percent
• Brokerage Fee: 0.5 to 2 percent average
• Port Fees: USD 90 for 20’ container and USD 153 for 40’ container
• Terminal Handling Port Fees up to the equivalent of USD 278 per 20’ container or USD 473 per 40’ container
• Stamp Duty: 1 percent
Angola’s Customs Tariff Regime was updated in August 2018. Import duties are currently on average 10.9 percent with a range from 2 to 50 percent.
A World Trade Organization (WTO) analysis of Angola’s 2014 custom tariffs shows that import duties on agriculture products doubled on average to 23.3 percent, while duties for non-agricultural products increased an average of 2 percent to 9.1 percent. Import duties on manufactured goods now average 10 percent and mining products average 14.3 percent. Highest import duties reflect the sectors where Angola is focusing on domestic production development namely: coffee (50 percent), beverages (43.7 percent), fruits and vegetables (43.3 percent), fish and fish products (25.3 percent), sugar (18.6 percent) cereals (17.3 percent), and wood (17 percent). Raw materials are the highest taxed imports at 20.5 percent on average with finished products at an import tax average of 10.5 percent.
To determine the cost-build up for import duties and related taxes in Angola for specific products, and for markets worldwide, please visit CUSTOMS Info’s website at https://agt.minfin.gov.ao/PortalAGT/#!/legislacao/aduaneira/pauta-aduaneira
Import duty exemptions or reductions may be available for raw materials used in industrial production. Investors may also benefit from import duty and other tax deductions as part of their investment contract with the Angolan Government.
Sales to the Angolan government are exempted from import duties. Therefore, most sales into the oil and gas industry are exempted because these operations are owned in part by the government oil company Sonangol.
Consumption Tax: A consumption tax is imposed on all products sold in the formal economy in Angola, the majority at a rate of 2 to 30 percent. Consumption tax levels depend on the product, with most accessed at 10 percent. A lower 2 percent consumption tax rate is imposed on priority imports such as pharmaceuticals, medical devices, some agricultural inputs, and industrial equipment. Consumption taxes of 30 percent are in place for some higher-end consumer goods, such as vehicles and certain agricultural products, where the government is encouraging domestic production.
Value Added Tax (VAT): A VAT is under consideration by the Angolan government tax authority (AGT-Administração Geral Tributária) within the Ministry of Finance. The government anticipates that a VAT structure could be implemented by October of 2019 once the appropriate financial and administrative infrastructure and expertise to implement such a system can be established. The Consumption Tax would be eliminated if a VAT is implemented, which could result in lower prices for consumers.
Demurrage Fees: There is no charge for demurrage costs for the first 15 days, or terminal storage fees for the first 5 days after delivery to port. After this time, rates are $40/day for demurrage and $61/day for terminal storage for a 40’ container.