Special Forex Regime for the Extractive Sector

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Regulation No. 02/00/CEMAC/UMAC/CM dated 29 April 2000 (“Old Forex Regulation”), after several years of debate, was repealed with the adoption of the New CEMAC Exchange Regulation No. 02/18/CEMAC/UMAC/CM, dated 21 December 2018, (“New Forex Regulation”).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

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.