January 27, 2022

Volume XII, Number 27

Advertisement
Advertisement

January 27, 2022

Subscribe to Latest Legal News and Analysis

January 26, 2022

Subscribe to Latest Legal News and Analysis

January 25, 2022

Subscribe to Latest Legal News and Analysis

January 24, 2022

Subscribe to Latest Legal News and Analysis
Advertisement

Oil Companies in Angola Must Submit a Program Contract and HR Development Plan by October 31st

In Angola, all companies in the oil industry are required to file an annual program contract and human resources development plan by October 31, 2014. The program contract and human resources development plan should show how the company is taking steps towards including more Angola workers in their workforce. Companies who do not meet the deadline will be subject to fines and will not be able to request work visas in 2015.  As such, companies must be compliant or risk losing the ability to hire foreign workers.

In 2009, the Training Decree Law mandated that oil companies that have a program contract with the Ministry of Petroleum must annually file a human resources development plan. These oil companies must register with the Ministry of Petroleum and annually update their program contract to meet the quota requirements for foreign workers. The human resources development plan must also establish the company’s recruiting and training goals for Angolan workers and foreign nationals in addition to setting goals to hire more Angolan workers the following year.

Oil companies in Angola should work with counsel to submit the program contract and human resources development plan by October 31st.

©2022 Greenberg Traurig, LLP. All rights reserved. National Law Review, Volume IV, Number 283
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

About this Author

2018 Go To Thought Leader AwardGreenberg Traurig’s Immigration & Compliance Practice represents businesses, organizations, and individuals from around the world on a wide range of immigration matters and visa needs.

Our Immigration & Compliance Practice advises multinational corporations on a variety of employment-related...

703-749-1372
Advertisement
Advertisement
Advertisement