Promoting jobs, protecting people
Database of national labour, social security and related human rights legislation

Afghanistan >

Name: Foreign and Domestic Private Investment Law, 1974.
Country: Afghanistan
Subject(s): Economic and social policy
Type of legislation: Law, Act
Adopted on: 1974-06-10
Entry into force:
Published on: Separate copy, 10p.
ISN: AFG-1974-L-59882
Bibliography: Separate copy, 10p.
Abstract/Citation: Seeks to encourage, protect, guide and control private investment. Provides for characteristics of desirable investment; qualifications of private investments; scope of private investments; benefits and prerogatives; proper use of benefits; capital, profit and debt service repatriation; licensing fees for patents and know-how; non-discrimination according to nationality of capital; evaluation of investment in kind and intangibles; repatriation of expatriate salaries; equal treatment of foreign and Afghan nationals; accounting and auditing; sale of shares; transfer of proceeds of sale of shares and of liquidation; limitation of foreign equity; government purchase of local products; expropriation; disputes; investment committee composition and operation; and single license and import-export restrictions.
Amending text(s):

© Copyright and permissions 1996-2014 International Labour Organization (ILO) | Privacy policy | Disclaimer