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Articles contributed by Miranda Correia Amendoeira & Associados
The expansion of the oil and gas industry in Equatorial Guinea ("EG") has caused a significant increase in immigration, not just of qualified workers, but also of a substantial number of unskilled , and often illegal, immigrants, especially from the neighbour countries.
Despite a few setbacks on the way and the protracted discussions, the congress has finally approved Law 12.351/2010, of 22 December 2010, thereby replacing the old oil concession inplace in Brazil by a new set of contractual standards.
A New Building Permits Legal Regime was recently enacted in Cape Werde by way of Decree-Law 19/2011, of 28 February 2011.
As in past years, the 2011 Budget of the Macao Special Administrative Region (OR/2011) provided for various Tax exemptions, including for industrial tax and stamp duty, and deductions for professional tax (on work related income), urban property tax and complimentary income (on industrial and commercial income).
A special tax structure is now available to company groups that meet the following criteria: (I) all compnaies are subject to Corporate Income Tax or an equivalent income tax,
The Guinea-Bissau Telecommunications sector is characterised at present by a competitive and diversified offer of services provided by three private mobile network operators in a market of 1.5 million inhabitants.
A Private Investment Law (NPIL) was enacted two months ago, by way of law 20/11, of 20th May 2011.
The Portuguese government issued a statue - Decree-Law 33/2011, of 7 March- amending the commercial companies code.
BANKING AND FINANCE - CORPORATE & COMMERCIAL - PUBLIC ADMINISTRATION - TAX - LITIGATION - SPORTS
PORTUGAL: ACTION PLAN ON E-PROCUREMENT IN A EUROPEAN CONTEXT - ANGOLA: TRAINING DECREE BRAZIL NEW LAW FOR NATURAL GAS TRANSPORTATION, STORAGE AND TRADING - CAPE VERDE: NEW STAMP DUTY CODE - EQUATORIAL GUINEA: FOREIGN EXCHANGE DEVELOPMENTS - GUINEA-BISSAU: NEW REGULATORY FRAMEWORK FOR THE TELECOMMUNICATIONS SECTOR - MACAO: TAX INCENTIVES IN THE 2009 BUDGET - MOZAMBIQUE: MORE FLEXIBLE FOREIGN EXCHANGE RULES - SÃO TOMÉ AND PRÍNCIPE: LAW AGAINST MONEY LAUNDERING - TIMOR-LESTE: NEW RULES ON ADMINISTRATIVE DECISION-MAKING