The Angolan General Tax Administration (AGT) is developing a new customs tariff to come into force in 2017 in collaboration with public and private entities involved in foreign trade, the director general of AGT said last week in Luanda.

Gaspar, did not give details of the new document that will regulate Angola’s imports and exports but said that it is currently being prepared and added that “soon it will be presented to the government for approval.”

“The review process is very advanced and we are finalizing the assumptions of the future agenda, which will take effect in 2017,” said the official, according to Angolan news agency Angop.

During the 1st Tax Forum, an AGT technician said Asycuda (Automated System for Customs Data), which is being installed, will facilitate trade and reduce costs as well as the current bureaucratic processes.

The new system, a United Nations software tool, will initially be installed at the port of Lobito (Benguela), followed later by the port of Luanda and Luanda International Airport.

The cargo manifest, customs declaration, settlement payments and goods transfer are all automated elements of the system that automates the entire chain.

Source: Macau Daily Times