Mozambique – New transfer pricing regulations in force

Mozambique - New transfer pricing regulations in force (document link)

Mozambique's Council of Ministers enacted the Decree 70/2017, of 6th December which approves new Transfer Princing Regulations.

This new legislation entered into force in 1st January 2018 and defines the procedures to assess transactions carried out between related parties, imposes new documentation requirements and allows corrections to taxable profits by tax authorities.

Taxplayers with an annual net operating revenue, in the preceding fiscal year, equal or exceeding MZN 2.5 million will have to prepare and maintain specific transfer pricing information and documentation.