Equatorial Guinea announces new tax measures to mitigate impact of COVID-19

Executive summary

The Government of Equatorial Guinea has published a new Decree, providing new important tax measures to mitigate the impact of COVID-19.

The Decree n° 43/2020, dated 31 March 2020 (Decree n° 43/2020), provides key amendments and new provisions to the tax regulations in force in Equatorial Guinea, specifically aimed at supporting small and medium enterprises (SMEs) not in the oil sector.

This Alert summarizes the tax developments set forth by the decree.

Detailed discussion

Special d…