Global Trade Alert
Global Trade Alert

Algeria: The government of Algeria passes the Finance Law 2014

Announcement

30 Dec 2013

The government of Algeria on 30 December 2013, passed Finance Law 2014 (i.e. Law numbered as N°13-08), which includes amendments that affect foreign parties operating in the Algerian jurisdiction.

Source

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Number of interventions

6

4 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

31 Dec 2015

Revocation date:

No revocation date

Announced: 30 Dec 2013
Import ban In force
The Finance Law 2014, for the first time, establishes that the import of used equipment not more than two years old and not available in Algeria will be banned after 31 December 2015.
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Implementation date

01 Jan 2014

Revocation date:

10 May 2020

Announced: 30 Dec 2013
Import ban
On 31 December 2013, the Government of Algeria imposed an import ban on cars. The import ban was introduced under Article 52 of the Finance Law for the year 2014. The import ban aims to give priority ...
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Implementation date

01 Jan 2014

Revocation date:

31 Dec 2016

Announced: 30 Dec 2013
Trade payment measure
The Finance Law 2014, besides the commercial documentary credit also allows for cash against documents to be used as a method of payment for imports - as in 2009 only commercial documentary became an ...
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Implementation date

01 Jan 2014

Revocation date:

No revocation date

Announced: 30 Dec 2013
FDI: Entry and ownership rule In force
The Finance Law 2014, liberalises the approval processes relevant to foreign direct investments as well as national investments involving foreigners. Specifically, for investments of these two profile...
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Implementation date

01 Jan 2014

Revocation date:

No revocation date

Announced: 30 Dec 2013
Local content incentive In force
The Finance Law 2014, for the first time established that foreign investment initiatives in partnership with Algerian local parties, which at an integration rate of 40% trigger relevant transfer know-...
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Announced: 30 Dec 2013
FDI: Entry and ownership rule In force
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 Algeri...
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Threads

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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