Approves Financial Act 2014
29 Sep 2013
To encourage the transfer of know-how through foreign investment, the Finance Act 2014 provides new fiscal and parafiscal advantages to foreign investors under certain conditions. The Act provides that any foreign investment partnership which contributes to the transfer of know-how to Algeria, and/or produce goods as part of an activity carried in Algeria, at a rate of integration greater than 40 percent, benefits from fiscal and parafiscal advantages, as decided by the National Investment Council with respect to the rule of 51/49 percent mentioned previously.
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Type:
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Entry and establishment (Ownership and control, Approval and admission)
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Promotion and facilitation (Investment incentives)
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Industry:
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Sources:
