Investment Code and CPI

Name: Mozambique
Address: MZ

Project registration, tax incentives, and the role of the Investment Promotion Centre (CPI) for foreign capital in Mozambique.

Updated: May 2026 (with official references)

What the Investment Code is

The Investment Code sets the legal framework for domestic and foreign investment in Mozambique. It defines investor rights, reporting duties, priority sectors, and incentive mechanisms.

Projects of significant size or strategic impact must align with sector policies and national development plans.

Role of CPI (Investment Promotion Centre)

CPI is the public body that promotes, facilitates, and registers investments. It acts as a liaison between investors and ministries, speeding licences and certifying projects for benefits.

Submit an application with project description, capital, jobs, and location
Receive an investment certificate after technical and legal review
Monitor implementation and fulfilment of commitments made

Typical benefits and incentives

Incentives may include tax deductions, tax credits, customs relief on equipment imports, and special IRPC or VAT regimes, depending on sector and scale.

Priority zones and projects (agro-industry, energy, tourism, manufacturing)
Benefit periods tied to investment and employment targets
Duty to keep records and file periodic reports to CPI and the Tax Authority

Sectors and special requirements

Hydrocarbons, mining, large-scale fisheries, and defence involve additional law, state participation, or tenders. The Investment Code does not replace environmental, land, or banking licences.

Joint ventures with Mozambican partners can ease market access and local content compliance.

Key official institutions

APIEX (apiex.gov.mz) registers foreign investment and incentives. AT (at.gov.mz) manages NUIT, VAT, and CIT. Capital repatriation requires banking compliance with the Bank of Mozambique.

Best practices and disclaimer

This guide is for information only. The Investment Code and CPI regulations are updated periodically — always confirm current requirements with CPI and local legal counsel.

Engage CPI during initial project design, not after contracts are signed
Document source of funds and shareholding for regulatory approval
Integrate environmental and social impact studies from the feasibility stage
Review annual compliance with targets to keep certification and benefits

Planning an investment project?

Our consultants can help you assess CPI eligibility and project structuring.