NEWSLETTER APRIL 2018

Transcription

1 NEWSLETTER APRIL 2018

2 MONTHLY TAX OBLIGATIONS DATE OBLIGATION DESCRIPTION LEGAL BASIS DAY 10 Social Security Payment of employees Social security contribution from salaries of previous month. Art.11 of Decree no. 53/07, of 3 December Stamp Tax Payment of taxes related to bills of exchange and promissory notes resulting from the use of credit in financial transactions and insurance polices which fiscal obligations were incurred in the previous month. Art.16, no.1 of Decree no. 6/2004 IRPS (Personal Income Tax) Payment of withheld taxes from Personal Income Tax Code (includes PAYE) Art.65 CIRPS IRPC (Company Income Tax) Payment of Corporate Tax No.5, Art.67 CIRPC Specific Tax on Oil Production Payment of Oil production taxes for the previous month. Art.10 of Decree no. 4/2008 Mining Production Tax Payment of mineral extraction taxes for the previous month. Art.10 of Decree no. 5/2008 DAY 15 Normal Regime Submission to relevant Tax Authority the periodic statement of the previous month when there are credits. Art.25, point c), no.1, Art. 32 of CIVA THE LAST VAT Normal Regime Submission to relevant Tax Authority the periodic statement of the previous month with respective payment. Taxpayers who did not perform any taxable transaction are also required to submit periodic statement. Art.25, point c), no.1, Art. 32 of CIVA DAY OF THE MONTH Isolated acts Taxable persons who performed independently a single taxable transaction should submit the respective statement (Model E) Art.33 of CI- VA

3 NOMINAL LIST The deadline for submission of the Nominal list Employee list at the service of the company - to the Ministry of Labour is until April 30 of the current year. Completion of the nominal list must be done based on the data from the month of March of the current year as stipulated in Article 7 of Ministerial Diploma No. 104/2015 of November 27 and its submission online through an application called Sistema de Gestão de Folha de Relação Nominal available on the website of the Ministry of Labor, Employment and Social Security. PERSONAL INCOME TAX-FORM 10 In accordance with the provision in paragraph b) of paragraph 1 of Article 13 of Income tax Regulation, taxpayers who have earned income other than the 1st category (income from employment), should submit their annual statements income until 30th of April this year; In the case of taxpayers with second category income (professional and entrepreneurial income) the statement above must be submitted in triplicate. Income tax Form 10. ALERT ON THE NEW EXCHANGE LAW REGULATION Foreign exchange transactions that have passed to the jurisdiction of commercial banks, pursuant to Notice 20/GBM/2017 of December 27, as previously indicated in our January Newsletter, namely, Foreign Direct Investment, Shareholders and Financial Loans, Investment of residents abroad, seem to continue to be carried out by the Central Bank due to the lack of conditions estimate by the Commercial Banks. There is no provision as to when this transfer of responsibilities will actually take place.

4 CONDITIONS FOR HANDLING OF EXPORT REVENUE ACCOUNT Central Bank has recently approved through notice No 04/GBM/2018 the Regulation that establishes the norms and procedures to be followed in the handling of revenue account of export of goods, services and investment income, and in the movement of other accounts in foreign currency. The above mentioned conditions are summarized as following: Revenue Account Transactions Revenue account transaction namely, transfers from the same account holder or to a third party account, is only allowed in the following situations: Amortization of credits in foreign currency; Provision of a specific revenue account in other bank, for payment abroad; Constitution of term deposit; Account closure. Transaction of other accounts in foreign currency Entities that import capital, particularly as foreign investment or external credit can only convert the imported funds using the exchange rate of the receiving bank. CHANGES TO TAX PAYMENT PROCEDURES Tax Authorities have issued a notice, with effect from April 01, which includes new procedures to be followed in the payment of taxes. This notice determines that domiciled taxpayers in the provincial capitals when paying taxes in cash or in check, whose amounts exceeds MZN 20,000, must deposit them in the bank account entitled by the respective Large Taxpayers Unit, Tax Collection Office or the Court of Tax Claims. The checks referred to in the previous paragraph must be endorsed and affixed the designation "Para pagamento da dívida ao Estado" in its top corner in red and the respective NUIT of the holder in its reverse side. Regarding the deposit slips presented in the treasury for the purpose of proceeding with the payment of the above debt, must contain on its reverse side, the name of the taxpayer, NUIT, type of tax or charge, and attached a copy of the check.

5 LEGISLATION PUBLISHED DURING THE MONTH OF MARCH COUNCIL OF MINISTERS : Decree No 2/2018: Revision of Decree No. 8/2016, of April 15 (regarding the National Administration of Conservation Areas, abbreviated as ANAC). Decree No 3/2018: Sets for March 14, 2018, to hold the second round of the interim election of the Mayor of Nampula City Council. Decree No 4/2018: Sets the period from March 19 to May 17, 2018, for the realization of the Root Electoral Census for Municipal Elections, in the areas of administrative jurisdiction of Local Authorities. Decree No 5/2018: Approves the Regulation of the General Statute of Officials and State Agents Decree No 6/2018: Approves the Regulation of Allocation of the Subsidy to the official or Agent of the State, in Preventive Arrest. Decree No 7/2018: Approves the Regulation of distinctions and prizes (officials and agents of the State). Decree No. 8/2018: Creates the National Institute of Development and Management of Fisheries Infrastructures. Decree No. 9/2018: Amends articles 2 and 3 of Decree No. 82/2009, of December 29 of the Code of Judicial Costs (CCJ). Decree No. 10/2018: Amends articles 46, 160, No. 3 and 167 No. 2 of the Code of Judicial Costs, approved by Decree No of July 20, 1961, in the amendment introduced by Decree No. 67/2014, of 5 November Resolution No. 4/2018: Determines that Faruco Sadique Ibraimo is reappointed as Chairman of the Board of Directors of Rádio Moçambique - E.P Resolution No. 5/2018: Approves the Development Plan for the Campo Golfinho/Atum, located in the northern part of Area 1 Offshore, of the Rovuma Basin. Resolution No. 6/2018: Authorizes the application by Sociedade Montepuez Ruby Mining, Lda, for the acquisition of Right of Use and Utilization Land Law, covering an area of 18,010 (eighteen thousand and ten) hectares, located at the Administrative Post of Namanhumbir. PRESIDENCY OF THE REPUBLIC: 8/2018: Exonerates Daniel António, from the post of High Commissioner of the Republic of Mozambique to the Republic of Kenya. 9/2018: Appoint Bernardo Tshombe Constantino Lidimba, to the position of Head of State Protocol. 10/2018: Appoint Bernardo Tshombe Constantino Lidimba for the post of High Commissioner of the Republic of Mozambique to the Republic of Kenya. 11/2018: Exonerates Pedro João de Azevedo Davane, from the position of Ambassador Extraordinary and Plenipotentiary of the Republic of Mozambique to the Republic of Zimbabwe. 12/2018: Exonerates Francisco Elias Paulo Cigarro, from the position of Ambassador Extraordinary and Plenipotentiary of the Republic of Mozambique to the United Arab Emirates. 13/2018: Appoints Francisco Elias Paulo Cigarro to the position of Ambassador Extraordinary and Plenipotentiary of the Republic of Mozambique to the Republic of Zimbabwe. MINISTRY OF ECONOMY AND FI- NANCE Ministerial Di plo ma No. 23/2018: Approves the Regulations for the Management of State Banking Accounts. Ministerial Di plo ma No. 24/2018: Determines that during the fiscal year 2018, the use of Treasury Bills has a maximum limit of MZN 65,000,000,000 (Sixty Five Million Meticais).

6 Dispatch: Delegates to the National Director of State Patrimony the competence of signing of Titles of Adjudication, concerning the alienation of real estate of the state to private renters. NATIONAL ELECTION COMMIS- SION: Deliberation No. 3/CNE/2018: Date of the 2nd lap for the Interim Election of the Mayor of Nampula City Council. Deliberation No. 4/CNE/2018: Alteration of the period of the realization of the Electoral Census of the Root of the Fifth Local Elections of October 10, Deliberation No. 5/CNE/2018: Calendar of the Second Interim Suffrage for the Election of the Mayorv of Nampula City Council on March 14, Judgment No. 1/CC/2018: Validation and disclosure of the results of the midterm election for President of the Nampula City Council. SUPREME COURT: Dispatch: Regular functioning of the Supreme Court. CENTRAL BANK: Notice No. 1/GBM/2018 Approves the Regulation on the Use of Intelligent Neutralization Systems of Metical Notes. Notice No. 2/GBM/2018 Approves the Code of Conduct for Credit Institutions and Financial Companies. Notice No. 3/GBM/2018 Approves the Regulation on Product Advertising and Financial Services. Notice No. 4/GBM/2018 Approves the Regulation of Conditions for handling of Export Revenue Account. SUPERIOR COUNCIL OF MAGIS- TRACY OF THE PUBLIC MINISTRY: R e s o l u t i o n SMMP2018: N o. 1 / P / C Approves the Regulation of the Public Prosecution Inspection. MINISTRY OF LABOR, EMPLOY- MENT AND SOCIAL SECURITY: Ministerial Diploma No. 27/2018: Approves the Rules of Procedure of the Consultative Committee on Labor. Ministerial Diploma No. 28/2018: Approves the Internal Rules - Type of Forums for Consultation and Social Dialogue, abbreviated as FOCCOS. MINISTRY OF THE EARTH, ENVI- RONMENT AND RURAL DEVELOP- MENT: Ministerial Diploma No. 29/2018: Approves quotas for slaughter and harvesting of crocodile eggs, for the 2018 season. INTERMINISTERIAL COMMITTEE ON THE REFORM OF THE PUBLIC ADMINISTRATION: Resolution No. 1/2018: Approves the Organic Statute of the Ministry of Combatants.

7 DECISIONS TAKEN BY THE COUNCIL OF MINISTERS - MARCH Decree approving the Regulation on Health and Safety in Public Administration. Resolution that requests the Concessionaire to Carry out Investments to increase the installed capacity of container terminals and multiple purposes of the Port of Beira, in view of the Consequent Extension of the Concession period. Decree approving the Regulation on the Allocation of travel wages and the ticket payments in the Service Mission of State Employees and Agents. Decree that reviews Decree No. 26/91, of November 14, establishing the Administrações Regionais de Águas. Decree redefining the Competences, Structure and Legal Regime of the Hospital Central de Maputo. Revision of Decree No. 36/2016, of August 31, approving the Regulation of Licensing and Operation of Private Employment Agencies. The Resolution approving the Information Society Policy. Resolution that recognizes to the Foundation Domingos Sipobe, the quality of subject of right with legal personality. Resolution ratifying Donation Agreement No. D265-MZ, signed between the Government of the Republic of Mozambique and the International Development Association (IDA), on March 2, 2018 in Maputo, in the amount of USD Resolution ratifying the GFF Grant Agreement TF0A6152 -MZ, signed between the Government of the Republic of Mozambique and the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), on March 2, 2018, in Maputo, in the amount of USD for the financing of the Program for Strengthening Primary Health Care. Decree that approves the Regulation for Certification of Competence of Pilot of Barra and Porto and Practical Pilot of Barra and Porto and revokes Decree nº 45/2001, of December 21. Decree on the revision of the Military Statute of the Armed Forces of Mozambique, approved by Decree No. 46/2006 of 30 November. Decree approving the Staff Statute for Criminal Investigation Service (SERNIC). Decree approving the Transition Scheme and Staffing of the Extinct Branch of the Criminal Investigation Police for SERNIC's Specialized Special Careers. Decree approving the extraordinary transfer of financial resources to support victims of the landslide in the Hulene Bin in Maputo City, from the Ministry of Land, Environment and Rural Development to the City Council of Maputo City, in the amount of MZN (thirty-two million, two hundred and eighty thousand meticals). Resolution authorizing the auction of rights of use of radio frequencies for the provision of public use telecommunications services in the 800MHZ, 1800MHZ and 2.6GHZ. Resolution approving the plan of action and the strategy for achieving the sustainable development objectives in the water and sanitation area, Resolution of the accession of the Republic of Mozambique to the 2010 Manila Amendments to the Annex of International Convention on Standards of Training, Certification and Seafarers' Services (STCW) 1978 adopted at the Conference of States Parties held in Manila, Philippines.

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9 CONTACTOS CONTACTS Av. 25 de Setembro, 1230, 25 de Setembro Avenue, 1230, 3º Andar Bloco 5 CP th Floor Block 5 CP 4200 Maputo Maputo República de Moçambique Republic of Mozambique Tel.: Tel.: eferreira@bdo.co.mz eferreira@bdo.co.mz Esta This informação information foi has cuidadosamente been carefully preparada, prepared, mas but foi it escrita has been em written termos gerais in general e deve terms ser vista and should apenas be como seen uma as broad orientação guidance ampla. only. A The informação information não cannot pode ser be invocada relied upon para to cobrir cover specific situações situations específicas, and e you should not act, or refrain from acting, upon the information contained therein without obtaining specific não deve agir ou não agir, com base nas informações nela contidas sem a obtenção de aconselhamento professional advice. Please contact BDO Lda. to discuss these matters in the context of your particular profissional circumstances. específico. BDO Lda., Entre its em partners, contacto employees com BDO Lda. and agents para discutir do not estas accept questões or assume no contexto any liability das or duty of care for any loss arising from any action taken or not taken by anyone in reliance on this information or for any decision based on it. suas circunstâncias particulares. BDO Lda, seus sócios e colaboradores não irão aceitar ou assumir qualquer responsabilidade ou dever de cuidar de eventuais perdas decorrentes de medidas tomadas ou não tomadas por qualquer pessoa baseando-se nesta informação ou para qualquer decisão com base nela. BDO Lda., a Mozambican limited company, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms Legal authorization to work in Audit and Certification of Accounts by order of 27/10/99 Vice-Minister of Planning and Finance Copyright BDO Lda. All rights reserved.. Please consider the environment before printing this document