Mozambique - Regulation of the specific rules on taxation and tax benefits of mining activity

It was necessary to create the regulations under Law no. 28/2014, of 23 September, which established the specific rules on taxation and tax benefits of the mining activity. For this reason, the Council of Ministers approved Decree no. 28/2015, of 28 December ("Regulations") and it came into force on 1 January 2016.

The decree now published provides more specific and detailed regulation of the legal framework of the mining activity in light of the current economic situation of the country. The aim of the new Regulations is to ensure greater competitiveness and transparency, and to define the obligations and benefits of holders of mining rights.