IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

SMEs

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2014 | Removal date: open ended
Still in force

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. 

AFFECTED COUNTRIES

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