Announcement
04 Jun 2020
In June 2020, the Government passed the 2020 financial law that ends 51/49 majority ownership rule and allows for 100% foreign ownership of companies to boost the economy.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
1 in force
Implementation date
04 Jun 2020
Revocation date:
No revocation date
FDI: Entry and ownership rule
In force
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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