The Ministry of Finance in Angola is preparing a draft law to introduce mandatory invoicing – whether electronic or not – through certified software. Such certified software must be able to submit invoice data in real-time to the General Tax Administration of Angola (AGT) and generate a billing SAF-T file.
If the draft law is approved, taxpayers under the general and simplified VAT regimes will be required to use electronic invoicing. The draft law defines an e-invoice as a document issued and received electronically through invoicing software. The e-invoicing mandate will be implemented in three phases:
Phase 1 (6 months after entering into force): All invoices for transactions exceeding Kz 25 million (EUR 25,000) must be issued electronically.
Phase 2 (First 12 months after publication): Applies to selected large taxpayers and government suppliers.
Phase 3 (After 12 months): Expands to all taxpayers under the general and simplified VAT regimes:
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General Regime: Businesses with an annual turnover or import operations of at least Kz 350 million (EUR 349,000) in the previous financial year, as well as manufacturing businesses with turnover or import operations of at least Kz 25 million (EUR 24,900).
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Simplified Regime: Taxpayers with annual turnover or import operations between Kz 25 million (EUR 24,900) and Kz 350 million (EUR 349,000).
Other categories of taxpayers may voluntarily opt into the e-invoicing system by submitting a request to the AGT.
This draft is still under discussion, and enforcement will only commence after completing the necessary formalities and official publication. The law is expected to take effect six (6) months following its publication.
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