The Aga Khan Economic Planning Board, in partnership with Deloitte, one of the leading companies in consulting, taxes, financial services, hosted a seminar on the crucial relevance of VAT its impact in Angola.

Angola has seen many changes to its economy in the past few years, since the crash of the oil prices and currency devaluation. From the 1 October 2019 onwards, Angola is on the list of countries of the Southern African Development Community (SADC) that charge Value Added Tax (VAT) with a flat rate of 14%.

The VAT will initially be charged to 1,600 companies registered with the Tax Office of Large Taxpayers and others that have voluntarily joined the general scheme. 

The Aga Khan Economic Planning Board promoted a seminar that brought key ideas on a topic of crucial relevance about VAT implementation and its impact, and where 70 business entrepreneurs of the Jamat were present.