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Algeria: Government allows 100% foreign ownership

Description

On 4 June 2020, the government passed the 2020 financial act that ends 51/49 majority ownership rule that required Algerian shareholders to own 51% of the share capital. The new rule allows 100% forei...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

04 Jun 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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