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Angola: petroleum production, income and transaction taxes

Last checked: 20 October 2026 · Levies by country

Angola taxes crude under Law No. 13/04 on the Taxation of Petroleum Activities. The petroleum production tax is 20% and can fall to 10% for marginal fields, deep water and hard-to-reach onshore areas 1. Decree 3/12 cites petroleum income tax rates of 50% for production sharing contracts and 65.75% for other contracts 2. ANPG is the National Concessionaire 3. When production tax is paid in kind, the National Concessionaire must deliver the revenue to the National Treasury 1.
Main law
Law No. 13/04 on the Taxation of Petroleum Activities 1
Petroleum production tax (IPP)
20%, reducible to 10% in set cases 1
Petroleum income tax (IRP), production sharing
50% 2
Petroleum income tax (IRP), other contracts
65.75% 2
Petroleum transaction tax (ITP)
Provided for in Chapter III of Title III of Law No. 13/04 1
National Concessionaire
ANPG 3
Direct petroleum revenue, 2023
Kz 7,250,142 million 3
Crude production, 2023
401,358,189 barrels 3
Joined EITI
16 June 2022 4

The three petroleum taxes

Law No. 13/04 sets the tax regime for petroleum activities. It covers the petroleum production tax, the petroleum income tax and the petroleum transaction tax, plus surface fees and local content contributions 1,4.

Article 14 sets the production tax at 20%. The rate can be cut to as low as 10% for marginal fields, offshore areas with water deeper than 750 metres and onshore areas the government defines as hard to reach. A cut needs a reasoned request from the National Concessionaire 1.

Article 15 lets the State choose whether production tax is paid in kind or in cash 1.

Presidential Legislative Decree No. 3/12, signed in Luanda on 15 March 2012, refers to a petroleum income tax rate of 50% in production sharing contracts and 65.75% in other contract types. The decree cuts these rates to the corporate tax rate for Angolan companies that are associates of the National Concessionaire 2.

TaxRateLegal text
Petroleum production tax20% 1Law No. 13/04, Article 14(1) 1
Petroleum production tax, reducedDown to 10% 1Law No. 13/04, Article 14(2) 1
Petroleum income tax, production sharing contracts50% 2Decree No. 3/12, Article 4(1) 2
Petroleum income tax, other contracts65.75% 2Decree No. 3/12, Article 4(2) 2

How ANPG and the Treasury collect

ANPG is the National Concessionaire and the operating regulator of the oil and gas sector, according to the 2023 Angola EITI report 3. It awards oil and gas rights through bidding, direct negotiation or restricted tenders, according to the EITI international secretariat 4.

Under Article 17 of Law No. 13/04, when production tax is paid in kind, the duty to deliver the revenue to the National Treasury falls on the National Concessionaire 1. The Ministries of Petroleum and Finance take part in setting the market price used for tax purposes under Article 6 1.

The 2023 EITI report says direct petroleum revenue in the State General Account comes from sales of the concessionaire's share and from the IRP, ITP and IPP taxes 3. The tax authority AGT and the Ministry of Finance selected entities for the reconciliation 3.

Angola EITI figures for 2023

The third Angola EITI report covers the 2023 fiscal year and was published in December 2025 3,4. It puts direct petroleum revenue at about 36% of government revenue 3.

Item, 2023Figure
Total direct petroleum revenueKz 7,250,142 million 3
Sales of the concessionaire's shareKz 4,806,959 million 3
Company payments of IRP, IPP and ITPKz 2,443,182 million 3
Share of company tax paymentsIRP about 82%, IPP 10%, ITP 8% 3
Total government revenueKz 20,330,748 million 3
Crude production401,358,189 barrels, about 1,099,611 barrels a day 3
Crude exports386,425,650 barrels 3

Angola in the EITI

Angola joined the EITI on 16 June 2022 4. Its first EITI report was published on 16 December 2023 3.

Angola scored 63.5 points, rated Fairly low, in its 2024 Validation under the 2019 EITI Standard. The result was set in June 2025 4. Component scores were 72.5 for outcomes and impact, 67.5 for stakeholder engagement and 50.5 for transparency 4.

The EITI international secretariat says oil made up about 86% of 2023 export earnings, roughly US$31 billion 4.

A note on the date of Law No. 13/04

Published texts give two dates for Law No. 13/04. The Angolex page for the law refers to it as Law No. 13/04 of 24 December 1. Decree No. 3/12 cites it as Law No. 13/04 of 24 November 2.

Common questions

What is Angola's petroleum production tax rate?

The rate is 20% under Article 14 of Law No. 13/04. It can be cut to as low as 10% for marginal fields, deep water over 750 metres and hard-to-reach onshore areas 1.

What is Angola's petroleum income tax rate?

Decree No. 3/12 cites 50% for production sharing contracts and 65.75% for other contract types 2.

What does ANPG do with oil revenue?

ANPG is the National Concessionaire 3. Under Law No. 13/04, the National Concessionaire must deliver production tax paid in kind to the National Treasury 1.

How much did Angola earn from oil in 2023?

The 2023 Angola EITI report puts direct petroleum revenue at Kz 7,250,142 million, about 36% of government revenue 3.

When did Angola join the EITI?

Angola joined on 16 June 2022 4.

Rules and fees change. Check the official site linked above before you apply or pay. Spotted an error? Email hello@petroleumlevies.org with the official link.

Sources

  1. Angolex: Lei n.º 13/04 sobre a Tributacao das Actividades Petroliferas
  2. Angolex: Decreto Legislativo Presidencial n.º 3/12, Incentivos Fiscais as Empresas Nacionais do Sector Petrolifero (15 March 2012)
  3. ITIE Angola: Angola 2023 EITI Report (December 2025)
  4. EITI: Angola country page (accessed 20 October 2026)

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