Global Trade Alert
Global Trade Alert

Algeria: The government of Algeria passes the Finance Act 2017

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.

Source

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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

Announced: 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 establi...
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Implementation date

01 Jan 2017

Revocation date:

No revocation date

Announced: 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 whi...
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Announced: 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. Article 88 of the law introduces new support measures fo...
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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70598

interventions

194

jurisdictions

Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14439

interventions

186

jurisdictions