Foreign Investment Law of 2015
In forceForeign Investment Law of 2015 (Federal Republic of Somalia)
Applies to private
Article 6, sections 1 through 8, establishes the Investment Promotion Office (SOMINVEST), a statutory body of the Ministry of Planning, Investment and Economic Development, to promote foreign investment, rebrand Somalia to investors, facilitate investment entry and retention, and advocate for improved investment policy.
A secondary account, the United States Department of State's Investment Climate Statement for Somalia (2025), describes the Act as permitting full foreign ownership with no formal negative list of restricted sectors and as guaranteeing capital repatriation. The same account describes the Act as providing some investment incentives, such as tax benefits, though it reports these provisions are not always consistently applied.
It also reports that Somalia has no officially designated free trade zone or special economic zone under national law. The Act does not name information technology or data infrastructure as a distinct priority sector, and no provision located addresses electricity grid interconnection, water use, or air emissions specifically.
Source: Full text of law