Commercial fishing in Angola's territorial sea and continental waters is reserved to Angolan citizens and companies (defined as companies wholly or majority-owned and controlled by Angolan citizens). Commercial fishing licenses for fisihng in Angola's Exclusive Economic Zone can be granted to foerign and foreign majority-owned firms in association with in Angolan companies.
"Article 1 (Definitions)
For the purposes of this law and its regulations, it is understood as: [...]
1. 'Fisheries-related activities' means all activities related to the exploitation of aquatic biological resources and include, in particular, the processing, storage, transport and marketing of fish and/or fish-derived products, as well as aquaculture. [...]
28. 'foreign fishing vessel' means a vessel registered in a foreign country under the legislation applicable in that country.
29. «Angolan fishing vessel» means a fishing vessel registered in Angola which: a) Is fully owned or over which one or more Angolan persons exercise control powers; b) Has renounced the foreign flag, if applicable; c) Be registered with the Captaincy of Porto and with the Commercial Registry Office of Angola.
30. «Angolan company»:
a) a company in an individual name or in a corporate form, legally or regularly established or incorporated, with headquarters in national territory, which is entirely owned by Angolan citizens, either individually or in the family, or which, at least, 51% of the share capital is property of Angolan citizens or Angolan companies in which the majority or all of the share capital is held by Angolan citizens and that these exercise effective control of the company or society; [...]
64. «Angolan person»:
a) the Angolan citizen under the terms of the Nationality Law;
b) the Angolan company as defined in paragraph 30 of article 1, as amended by the present law;
c) any other legal person, wholly or mainly owned by Angolan citizens or Angolan companies, as defined in subparagraph a) of paragraph 30 of article 1, as amended by this law, and where they exercise effective control over the legal person.
[...]
Article 31 (Ownership of Fishing Rights)
1. Natural or legal persons, nationals or foreigners, who fulfill the requirements set out in this law and in the legislation that regulates it, may be holders of fishing rights.
2. Commercial fishing rights are only granted to natural or legal persons with good repute and technical capacity for the type of fishing they intend to carry out and who fulfill other requirements set out in this law and in a regulation approved by the Council of Ministers.
3. Artisanal fishing rights are only granted to Angolan people.
Article 32 (Priorities in the Granting of Fishing Rights)
1. Without prejudice to the provisions of the United Nations Convention on the Law of the Sea, the SADC Fisheries Protocol and international agreements to which Angola is a party, Angolan people have preference in granting fishing rights.
2. Fishing rights in the territorial sea are granted exclusively to Angolan persons or to natural or legal persons who are nationals of SADC member states in relation to which there is reciprocity.
3. Fishing rights in international rivers and in continental waters under Angolan jurisdiction are exclusively granted to Angolan people.
4. Fishing rights at sea beyond 12 nautical miles are only granted to foreign natural or legal persons, provided they are in association with Angolan persons.
[...]
Article 118 (Licensing)
1. The exercise of fishing activities on the high seas by vessels flying the Angolan flag is subject to licensing by the competent Ministry, under the terms that may be defined in the regulation.
2. The attribution of a fishing license on the high seas to fishing vessels flying a foreign flag is prohibited.
[...]
Article 205 (Licensing of Activities)
1. Aquaculture activities can only be carried out after licensing, under the terms that may be defined in regulation, by the Ministry, by the competent provincial or municipal bodies.
2. All natural or legal persons, national or foreign, who intend to carry out aquaculture activities must apply for a license to the competent Minister, under the terms that may be defined in the regulation.[...]" (Law No. 6-A/04 on Aquatic Biological Resources [google translation])
Law No. 6-A/04 on Aquatic Biological Resources [google translation]
[<a href="http://extwprlegs1.fao.org/docs/pdf/ang50971.pdf">Law</a>]