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FDI: Entry and ownership rule
On 30 December 2013, the government of Algeria passed the Finance Law 2014 - i.e. a Law which came into effect on 01 January 2014. According to this Law, import-export companies situated in the Algerian jurisdiction (i.e. companies that are engaged in foreign trade activities), according to the Finance Act 2014, have to be owned 51% by Algerian nationals -- and therefore, foreigners are limited to owning only 49% of companies of this profile. Previously, foreign parties were allowed to own up to 70% of companies of this nature.
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