Through its network, the National Agency for Investment Development (ANDI) supports foreign operators in their search for partners and projects in Algeria at a central and local level.
The agency currently has a network of 27 one-stop services across the country which help investors to complete the formalities involved in setting up businesses and implementing investment projects and facilitate their access to technical and regulatory information, as well as monitoring projects. The agency is the ideal intermediary for all investment opportunities in Algeria.
In this regard and in order to encourage and facilitate foreign investment in Algeria and enable Algerian operators to find foreign partners and vice versa, the National Agency for Investment Development (ANDI) has setup a partnership clearing-house, to be used as a tool for liaison between Algerian operators and foreigners. It comprises a database which enables the two parties to find business contacts and implement partnership activities, in conformity with the 51-49% requirement.
Thus, foreign investors interested in investing in Algeria will have the opportunity to research the projects submitted to the partnership clearing-house, which will give them an idea of the investment proposals from local operators. In addition, through this mechanism, Algerian operators will be able to find foreign business partners more easily to whom they have previously submitted their project ideas.
Availability of important natural resources:
- Energy:
- Salary: 180-900 Euros (the minimum wage is set at 180 Euros);
- Gasoline super 0.26 Euros / L Gas Oil 0.16 Euros / L.
Important tax incentives up to 10 years of exemption, depending on the location and size of the project.
And other additional benefits:
Extension until 31 December 2019, of the application of reduced rate of customs duty on acquisitions of equipment and furnishings not produced locally by hotel standards and within the scope of modernization and upgrading under the "Quality Plan Tourism
Investment projects may benefit from fiscal exemption and reduction according to the location and the impact of the projects on the economic and social development.
A. Realization period:
B. Exploitation period:
For duration of (3) years for project creating more 100 jobs at the start-up of the activity and after observation of commencement of activity, established by the tax authorities to the diligence of the investor:
This period is extended to five (05) years for projects creating one hundred and one (101) jobs at the start-up of the activity, and / or for investment in strategic sectors the list of which is set by the National Council of Investment.
Scheme for the zones to be developed:
A- Realization period:
Also benefit from these provisions concessions previously granted by decision of the Council of Ministers in favour of investment projects.
B. Exploitation period and for a duration of ten (10) years:
a. Realization period:
Also benefit from these provisions concessions previously granted by decision of the Council of Ministers in favour of investment projects.
b.Exploitation period:
For duration of ten (10) years from the observation of commencement of activity, established by the tax authorities to the diligence of the investor:
- Interest rate 3.5% ;
- Bonus of 2% which can range to 4.5% (in tourism projects in the South) ;
- A network of 29 banks and financial institutions, including:
- The existence of Leasing Companies;
- Availability of investment funds:
- Possibilities for the use of financial institutions guarantees: Guarantees Fund Credits Investment “FGAR”.