Dividends and Fiscal Policy
All Shares, no matter which Block they belong to, shall be entitled to receive dividends.
Bonds, shares and their respective titles, even if provisional, representing stock in public companies with headquarters in the national territory, shall be deemed abandoned or lost in favour of the State when their titleholders or owners have not collected or tried to collect the respective dividends, or have not manifested in a legal, unequivocal manner, their right to such titles within a period of ten years, or within a period of five years from the date when the dividends are due to be paid to the shareholders, in terms of paragraphs 1 and 2 of Decree 3/91 of 19 January.
The dividends, profits or any other income resulting from the direct application of capital are subject to taxation at a rate of 20%. The titles quoted on the Mozambique Stock Exchange (BVM) are subject to taxes at a rate of 10% in terms of b) of paragraph 3 of Clause 57 of the IRPC Code.