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Regulation No. 02/00/CEMAC/UMAC/CM dated 29 April 2000 (“Old Forex Regulation”), after several years of debate, was repealed with the adoption of the New CEMAC Exchange Regulation No. 02/18/CEMAC/UMAC/CM, dated 21 December 2018, (“New Forex Regulation”).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 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.
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.
The Presidency of the Government of the Republic of Equatorial Guinea issued Decree No. 84/2020, dated 15th of September, prohibiting the felling of trees and the exploitation of timber in the Republic of Equatorial Guinea