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Crypto Regulation in Angola

Restricted

The National Bank of Angola (BNA) has warned against cryptocurrency use and prohibited financial institutions from facilitating crypto transactions. No licensing framework exists.

Region: Africa CentralCurrency: AOARisk Score: 65/100

Tax Information

Capital Gains (Personal)
No specific crypto guidance; 15% CGT on investments
Capital Gains (Corporate)
25% corporate tax
VAT on Crypto
No
Staking Tax
No specific guidance
Airdrop Tax
No specific guidance
Mining Tax
No specific guidance
Summary
No crypto-specific tax guidance. General investment income tax of 15% may apply.

Licensing & Registration

License Required
No
Regulator
BNA (Banco Nacional de Angola)
Framework
BNA warnings; no specific crypto framework
License Types
--
Estimated Cost (USD)
N/A
Timeline
N/A months
Ease of Licensing
N/A
Notes
BNA has prohibited banks from dealing in crypto. No licensing path exists.

AML / KYC

KYC Required
Yes
Travel Rule
No
FATF Member
No
FATF Status
Partially Compliant
Suspicious Activity Reporting
Yes

Mining

Mining Legal
Yes
Status
Restricted
Electricity Cost ($/kWh)
$0.06
Renewable Energy
20%
Climate
Tropical
Infrastructure
Moderate
Tax on Mining Income
25% corporate tax
Notes
Competitive electricity prices. Mining operations are economically viable.

DeFi, Stablecoins & NFTs

DeFi: unclearStablecoins: no rulesNFTs: no_rulesCBDC: exploring

Soken Services

Legal Opinion
Available | $5,000 - $20,000 | 14 days
Banking
Difficulty: Very Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard

Sources

Frequently Asked Questions

Is crypto legal in Angola?
Cryptocurrency is currently classified as "Restricted" in Angola. The National Bank of Angola (BNA) has warned against cryptocurrency use and prohibited financial institutions from facilitating crypto transactions. No licensing framework exists.
What is the crypto tax rate in Angola?
In Angola, the personal capital gains tax on crypto is No specific crypto guidance; 15% CGT on investments, and the corporate tax rate is 25% corporate tax. No crypto-specific tax guidance. General investment income tax of 15% may apply.
Do I need a crypto license in Angola?
No, Angola does not currently require a specific crypto license, though other financial regulations may apply.
Is crypto mining legal in Angola?
Yes, crypto mining is legal in Angola. Electricity costs approximately $0.06/kWh. Mining income is taxed at: 25% corporate tax. Competitive electricity prices. Mining operations are economically viable.
What are the AML/KYC requirements for crypto in Angola?
Yes, crypto businesses in Angola must comply with KYC (Know Your Customer) requirements. FATF compliance status: partially_compliant.