LEGAL NEWS
Article on Important and Practical Tax & Legal COVID-19 Measures
The current COVID-19 Pandemic created new and unforeseen issues the world over, and the months ahead are expected to be quite volatile and dynamic. Government measures continue to be gradually approved and introduced since the State of Emergency was declared. It is important to mention that these measures may look
Legislation currently under review
According to the CTA – Confederation of Economic Associations of Mozambique (which represents the private sector businesses) the following legislation is currently under drafting and/or review: · Fiscal Regime – Income Tax and VAT (partial review) · Commercial Code (full review) · Regulation for unification of all licensing procedures –
Proposal to create Chimoio Special Economic Zone
16 October 2019 A proposal for the creation of a Special Economic Zone (ZEEC), in Chimoio, Province of Manica – central Mozambique with boarder to Zimbabwe -, will soon be submitted to the Council of Ministers. The purpose of the ZEEC is to generate more jobs, as it will re-launch
The Change in Criteria for Awarding Public Works Contracts
The Ministry of Public Works, Housing and Water Resources is working on amending the current regulation for the award of public works contracts, which favors the tenderer who offers the lowest cost.
Legislation currently under review
According to the CTA – Confederation of Economic Associations of Mozambique (which represents the private sector businesses) the following legislation is currently under drafting and/or review: Fiscal Regime (Income Tax and VAT) Commercial Code (full review) Commercial Policy and Strategy (proposal) Local Content Act (proposal) Labour Act (full review) Regulation