Legal Update/ São Tomé e Príncipe: Update of Petroleum Products Price Structure

 

São Tomé e Príncipe, has updated its petroleum products price structure, according to official legal database Legis-PALOP+TL.

As of March 29, 2022, the percentages of the Gasoline and Diesel surcharge expressed in the price structure for petroleum products, decreased to 86% and 41%, respectively, compared to the previous 106% and 66% established in the previous 2019 pricing structure.

The surcharges corresponding to Empresa de Água e Eletricidade (EMAE) diesel and oil remained at 15% and 0%, respectively.

Legal Update/ São Tomé e Príncipe: Special Consumption Tax

Import Duties on Gasoline, Diesel, EMAE Diesel and Oil remain at 5%.

The decree maintains unchanged the percentages relating to road funds, fees and guides, forwarding agency, Empresa Nacional de Combustíveis e Óleos (ENCO), wholesale margin, distribution margin and retail margin in Príncipe.

 

 

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