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Law No. 3/93 on Investments.

Country/Territory
Mozambique
Document type
Legislation
Date
1993
Source
FAO, FAOLEX
Original source
Boletim Oficial, Série I, Supplement, No. 25.
Subject
General
Keyword
Business/industry/corporations Basic legislation Institution Subsidy/incentive Sustainable development Financing Procedural matters Internal trade International trade
Geographical area
Africa, Eastern Africa, Indian Ocean, Least Developed Countries
Entry into force notes
This Law enters into force on 9 July 1993.
Abstract

This Law, consisting of 30 articles divided into five Chapters, regulates Investments. It aims at establishing the basic and uniform legal framework for the process of carrying out, in the Republic of Mozambique, national and foreign investments eligible for the enjoyment of the guarantees and incentives provided for. Enterprises whose investments are or have been carried out without complying with the provisions of this Law and respective regulations will not benefit from the guarantees and incentives provided for. This Law applies to investments of economic nature that take place in Mozambican territory and intend to benefit from the guarantees and incentives established therein, as well as to investments carried out in industrial free zones and special economic zones, whose processes comply with the provisions of the regulatory decrees provided for in the terms of article 29, irrespective of the nationality and nature of the respective investors. It does not apply to investments made or to be made in the areas of prospecting, research and production of oil, gas and extractive industry of mineral resources and does not cover public investments financed by the State Budget, as well as investments of an exclusively social nature.

Full text
Portuguese
Website
www.legis-palop.org

References - Legislation

Implemented by

Decree No. 14/93 approving the Regulation of Law No. 3/93 on Investments.

Legislation | Mozambique | 1993 (1995)

Keyword: Business/industry/corporations, Institution, Subsidy/incentive, Sustainable development, Financing, Procedural matters

Source: FAO, FAOLEX