Angola has introduced a Value Added Tax registration threshold of AOA 10million per annum (approx. €13,000).
Angola introduced VAT in October 2019 initially for large taxpayers. It then extended it to most businesses on 1 January 2020. For two years, smaller businesses were on a 7% turnover transitional regime which has now been withdrawn. This included non-residents.
The VAT threshold does not apply to non-resident traders, for example providing digital services.
At the start of 2021, a new simplified regime was introduced where supplies are subject to VAT at a rate of 7% on a monthly basis on turnover from operations that are not VAT exempt. The 7% rate also applies in case of services rendered by non-resident entities.
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