EG is a civil law jurisdiction rooted on Spanish civil law. The government system of the country is presidential, led by the Executive branch and headed by the President, who is both the head of state and head of government.
The former CEMAC Foreign Exchange Regulation No. 02/00/CEMAC/UMAC/CM dated 29 April 2000 (“Old Forex Regulation”), after several years of debate, was repealed with the adoption of the New CEMAC Exchange Regulation No. 02/18/CEMAC/UMAC/CM, dated 21 December 2018, (“New Forex Regulation”).
The Parliament of the Republic of Equatorial Guinea (“EG”) has enacted Law No. 4/2021, dated 3rd of December, on General Labour (“GLL”) to meet the demands and challenges presented by the labour market and to adapt to the economic policies drawn up by the Government.
El transporte marítimo es una actividad económica esencial para las empresas de logística y transporte internacional ya que permite trasladar mercancías del país en el que se obtienen a los lugares donde se requieren.
The Government of Equatorial Guinea (“EG”) issued Decree No. 9/2020, dated December 22nd, which approves the general state budget for the financial year 2021 (the “2021 Budget Law”).
The Ministry of Transport, Posts and Telecommunications (the “Ministry”) has approved Ministerial Order No. 4/2020, dated December 3rd, which approves the Regulation on inspections…