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The Board of Investment (BOI) in Juba, South Sudan was formed under South Sudan's Investment Promotion Act of 2009. This board is tasked with promoting investments, facilitating the grant of licenses, and advising the government on investment policy matters. The BOI law was established to attract both local and international investors by providing incentives like tax breaks and giving them the right to repatriate their capitals and profits.
Lawyers play a critical role when it comes to Board of Investment (BOI) related issues. They can help you understand the nitty-gritty of BOI laws, assist you with acquiring the necessary clearances and licenses, help you with legal documentation, and ensure you are always on the right side of the law. A lawyer can also represent you in cases of legal disputes or if the law is amended and its implications need to be understood.
South Sudan's Investment Promotion Act is particularly relevant to the Board of Investment. It offers protection to investors against non-commercial risks and ensures the transparency of the investment process. The Act provides for the settlement of investment disputes by conciliation, mediation, and arbitration. The Investment Promotion Act also empowers the BOI to issue regulations and guidelines for investments. It provides provisions for both local and foreign investors and offers them incentives to make investments more attractive and profitable.
Both local and foreign entities are eligible to invest under the BOI laws in South Sudan.
The BOI law offers protection to investors from non-commercial risks and it ensures transparency in the investment process.
BOI promotes investments in South Sudan by offering incentives such as tax breaks, quick and hassle-free licenses, and guarantees around the remittance of profits and capital.
Yes, an investor may transfer his/her investment to another person subject to the regulations set out in the Investment Promotion Act.
Investment disputes in South Sudan are resolved through negotiations, conciliation, mediation, or arbitration.
The following organizations can provide valuable resources and information on investment laws in South Sudan: The South Sudan Chamber of Commerce, Industry and Agriculture; The Ministry of Finance and Economic Planning; The Ministry of Justice; The Ministry of Trade and Industry. These organizations are equipped to guide investors through the investment process and provide them with relevant and up-to-date information.
If you need legal assistance regarding BOI laws in South Sudan, you should seek a lawyer who specializes in investment laws or contract law. Also, familiarize yourself with the South Sudan's Investment Promotion Act of 2009 which gives a detailed insight on how to go about investing in the country.
