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.
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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
Updated: 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
Updated: 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 priori...
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Implementation date
01 Jan 2014
Revocation date:
31 Dec 2016
Updated: 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 ...
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Implementation date
01 Jan 2014
Revocation date:
No revocation date
Updated: 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 prof...
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Implementation date
01 Jan 2014
Revocation date:
No revocation date
Updated: 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 kn...
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Updated: 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 Alg...
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