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

By Greenberg Traurig on October 10, 2014
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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 GT counsel to submit the program contract and human resources development plan by October 31st.

  • Posted in:
    Energy and Utilities
  • Blog:
    Inside Business Immigration
  • Organization:
    Greenberg Traurig, LLP
  • Article: View Original Source

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