Announcement
28 Dec 2016
The government of Algeria, on 28 December 2016, announced that as of 01 January 2017, the Finance Act 2017 (Law Numbered as 16-14) will become effective.
The Finance Act 2017 has embedded within it amendments which affect foreign investors operating in the Algerian jurisdiction.
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Number of interventions
3
2 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
01 Jan 2017
Revocation date:
No revocation date
Updated: 28 Dec 2016
Trade payment measure
In force
Article 111 of Algeria's Finance Act for 2017 removes the obligation to pay imports via documentary credit. The requirement had been introduced with the Complementary Finance Law of 2009 which esta...
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Implementation date
01 Jan 2017
Revocation date:
No revocation date
Updated: 28 Dec 2016
Import tariff
In force
An amendment of the Finance Law 2017 relevant to the Global Trade Alert scope introduces (for the first time) a specific tax amounting to 10%, on advertising production and dissemination contracts ...
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Updated: 28 Dec 2016
Tax or social insurance relief
In force
On 28 December 2016, it was announced that as of 01 January 2017, the Finance Law 2017 will enter into force within the Algerian jurisdiction.
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