Company Incorporation in Algeria

Algeria is a North African country with a Mediterranean coastline and a Saharan desert interior. Algeria is a regional power in North Africa and a middle power in global affairs. One of the largest economies on the continent, based largely on energy exports. Algeria has the world’s 16^th largest oil reserves and the 9^th largest reserves of natural gas.

These are the different types of structures;
1. Limited liability company (SARL)
2. Public limited company (SPA)
3. Representative office (bureau de liaison)

• Your LLC can be incorporated in 12 weeks
• Bank account can be obtained in 4 weeks
• Annual tax return? Yes
• Required to travel? No
• Algeria’s corporate tax rate is 26%

Public limited company (SPA)
The PLC is required by Algerian company law to appoint at least 3 directors and 7 shareholders. At least one of the shareholders must be an Algerian national and locals must hold 51% of the company’s share capital. A deposit of US$10000 is furthermore required as the minimum paid-up share capital.

• Your PLC can be incorporated in 12 weeks
• Bank account can be obtained in 4 weeks
• Annual tax return? Yes
• Required to travel? No
• Algeria corporate tax rate; 26%

Representative office
The Algerian government has forbidden foreign companies to incorporate branches, they can still run 100% foreign-owned representative office, which can only engage in only a couple of fields, like market research and promoting the business of the parent company.

A representative office will require accreditation from the authorities every two years. US$20000 deposit on a frozen resident bank account and convertible Algerian dinars corporate account with a minimum deposit corresponding to 3 months of operating costs.

• Your Representative office can be incorporated in 16 weeks
• Bank account can be obtained in 5 weeks
• Annual tax return? Yes
• Required to travel? No
• Algeria corporate tax rate; 26%

Why Algeria?

• Economically stable with deep wells and black liquid gold, Algeria enjoys strong economic performance for years on end. With a nominal GDP of close to USD 170 million, Algeria has an extensive safety net when it comes to meeting social demands.
• Modern society that even conforms to international standards. Its infrastructure is functional and comfortable for everyone to occupy and experience. The Algiers are open towards foreign businesses opening up shop in their territory.
• Major incentives, like providing tax exemptions of up to ten years.
• Financing support. Local or foreign SMEs are welcomed to enquire about the investment funds and credit guarantee funds. With low interest rates, getting your business on the right track.
• Competitive labor. The workforce is young and qualified. Education is mandatory in Algeria.