Insights
Guide for Investors : Mining Sector in Equatorial Guinea
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.
Special Forex Regime for the Extractive Sector
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Regulation No. 02/00/CEMAC/UMAC/CM dated 29 April 2000 (“Old Forex Regulation”), after several years of debate, was repealed with the adoption of the New CEMAC Exchange Regulation No. 02/18/CEMAC/UMAC/CM, dated 21 December 2018, (“New Forex Regulation”).
New General Labour Law
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.
The Implementation of the African Continental Free Trade Area Evens Out Africa’s Trade Landscape
Africa harbours excellent potential for intra-continental trade, given the rapid growth that its economies are experiencing. While that is true, the African trade landscape still presents many barriers for investors.
Registering NGOs in Equatorial Guinea
In Equatorial Guinea, NGOs are regulated by Law No. 1/1999, dated February 24th and the right to freedom of association enshrined in the Constitution of Equatorial Guinea.
Registration as a Customs Broker in EG
On the 30th of April 2020, the Minister of Finance, Economy and Planning (“MFEP”) of Equatorial Guinea passed Ministerial Order Number 11/2020, on the Automated System for Customs Data (ASYCUDA) (the “Order”).
Transporte Marítimo: Matriculación de Buques Extranjeros en Guinea Ecuatorial
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.
2021 Budget Law
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”).
Regulation on Inspections by Telecom Regulatory Body
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…
Regulation on Telecom Activities in Equatorial Guinea
Ministerial Order No. 3/2020, dated December 2nd, approving the regulation on Rights and Public Service Obligations to carry out Telecommunication Activities in EG.
Minimum Tariffs for Vehicle Insurance
The Republic of Equatorial Guinea recently enacted Decree No. 97/2020, dated November 5th 2020. This Decree approves minimum tariffs for obligatory third-party liability insurance for motor vehicles.
Complementary Measures – Prohibition of Felling of Trees and Export of Timber
restry in Equatorial Guinea is a source of tax income and provides various opportunities within the aims of the national Economic and Social Development Plan Horizonte 2035. In light of this, the Ministry of Agriculture, Livestock, Forest and Environment.