News
Tunisian-Algerian Cooperation
The CCIS informs you that Algeria recently promulgated the complementary finance law of 2020 and that article 49 of this law stipulates that rule 49/51 will be exclusively applied to the activities of purchase and resale of products of a strategic nature. These products remain subject to a local financial contribution estimated at around 51%, otherwise all the production activities of goods and services are open to foreign investment without any partnership commitment with a local authority.
Article 50 of the Algerian law on complementary finances defines the sectors considered to be strategic.
You can download a copy of articles 49 and 50 of the Algerian complementary finance law promulgated on June 4, 2020.
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