Starting a Business · Algeria
Starting a business in Algeria: foreigner's guide (2026)
Algeria shaded by its starting a business status
Algeria substantially liberalised foreign investment under its 2022 Investment Code, abolishing the blanket 51/49 local-majority rule for most productive sectors and creating a one-stop-shop regime through AAPI. Foreign investors may now own 100% in the majority of sectors, though the 51/49 rule is retained for strategic industries and for any company importing goods for resale, and the multi-step incorporation process (notarisation, CNRC registration, BOAL publication, tax ID) typically takes 2–4 weeks.
Key points
The 2022 Investment Code removed the blanket 51/49 local-majority requirement for general production of goods and services, including telecoms, banking, agri-food, and construction. The 51/49 rule remains mandatory for strategic sectors (military, railways, ports, airports, pharmaceuticals, mining, upstream hydrocarbons) and—critically—for any company importing goods into Algeria with intent to resell (reinstated by the 2021 Finance Law).
The standard vehicle for foreign investors is the SARL (société à responsabilité limitée), requiring a minimum of 2 and a maximum of 50 partners. Minimum share capital is 100,000 DZD (approx. USD 740), which must be fully paid up at incorporation and imported through official banking channels.
The process involves approximately six steps: (1) reserve company name with CNRC via the Sidjilcom portal; (2) have articles of association drafted and notarised in Arabic by an Algerian notary; (3) open a corporate bank account and deposit capital; (4) publish a legal notice in the Official Bulletin of Legal Announcements (BOAL, fee ~7,000 DZD); (5) register with CNRC to obtain the Trade Register extract; (6) obtain a Tax Identification Number (NIF) via the online portal nifenligne.mfdgi.gov.dz and a statistical identifier.
End-to-end incorporation typically takes 2 to 4 weeks, depending primarily on the speed of notarial drafting, lease finalisation for the registered office, and bank account opening. Bureaucratic delays at individual agencies can extend this.
The 2022 Investment Code established AAPI as the single interlocutor for investors, with one-stop shops at national and local levels covering tax, customs, trade registration, and urban planning formalities. An upgraded one-stop shop format was announced as operational in April 2026, with new governing legal texts published in the Official Gazette to streamline procedures further.
Foreign investors have a statutory right under the 2022 Investment Code to transfer dividends and investment proceeds abroad in foreign currency, provided initial capital was imported through official banking channels. The minimum threshold for dividend transfer entitlement is set at 25% of total project cost.
Timeline - major decisions & events
Algeria's Finance Law 2026, published in the Official Journal in late December 2025 and effective 1 January 2026, made digital filing through the CNRC's Sidjilcom portal the default (and in many cases mandatory) channel for all commercial-register obligations, expanded beneficial-ownership disclosure requirements for every registered entity, and significantly stiffened administrative and criminal penalties for non-compliance — affecting every business from sole traders to joint-stock companies.
EY Tax News ↗On 8 February 2024 the Algerian Investment Promotion Agency (AAPI) launched its centralised Investor Digital Platform, allowing businesses to browse available State-owned industrial land across 58 provinces, submit applications online, and track concession decisions end-to-end; by August 2024, 2,340 applications had been filed and 332 temporary grants made, demonstrating the platform's rapid uptake.
UNCTAD Investment Policy Hub ↗Algeria published eight executive decrees completing the institutional architecture of its new investment framework: organisational rules for the Algerian Investment Promotion Agency (AAPI), the National Investment Council, and the High National Commission for Investment Appeals were established, making the July 2022 reform law operational and opening the one-stop shop and digital investor platform to registrants.
UNCTAD Investment Policy Hub ↗Law No. 22-18 of 24 July 2022 — Algeria's most sweeping investment-framework overhaul in two decades — replaced the Agence Nationale de Développement de l'Investissement (ANDI) with the new Algerian Investment Promotion Agency (AAPI), created a national-level one-stop shop for business creation and major projects, and mandated a centralised digital investor platform to handle registration formalities and incentive applications online.
UNCTAD Investment Policy Hub ↗Law No. 22-09 of 5 May 2022 amended the 1975 Commercial Code to introduce the Société par Actions Simplifiée (SAS) — a new corporate form requiring no minimum capital or minimum number of shareholders — directly lowering the legal and financial barriers for entrepreneurs and young project leaders to incorporate, a landmark change to Algeria's 47-year-old company-law architecture.
Algeria Ministry of Justice – Portail du Droit Algérien ↗Algeria's Finance Law for 2020, adopted on 28 November 2019, scrapped the decade-old rule that forced Algerian nationals to hold a majority 51% stake in any business for all sectors except strategic ones (mining, energy, defence, transport infrastructure, pharmaceuticals), materially reducing entry barriers for foreign-partnered and jointly-owned companies and re-opening Algeria to broader foreign direct investment.
U.S. State Department — 2019 Investment Climate Statements ↗Ordonnance n° 01-03 of 20 August 2001 on investment development established the Agence Nationale de Développement de l'Investissement (ANDI) as a public administrative body and created decentralised one-stop shops (guichets uniques décentralisés) at the wilaya level bringing together all administrations relevant to business creation — the first systematic framework to simplify startup and investment procedures in post-liberalisation Algeria.
UNCTAD Investment Policy Hub ↗Ordonnance n° 75-59 of 26 September 1975 promulgated Algeria's Commercial Code, whose Book V on commercial companies set the legal forms available (SARL, SPA, SNC, SCS), required notarial deed for incorporation, and tied legal personality to registration in the commercial register — the bedrock statutory framework for business creation that, as amended, remains in force today.
WIPO Lex — Algerian Commercial Code ↗Algeria's national commercial registry was established on 10 July 1963 — originally as the National Administrative Centre for Industrial Property, renamed the Centre National du Registre de Commerce (CNRC) in 1973 and made an autonomous administrative agency in 1997 — creating the mandatory registration authority for all traders and companies whose registration (via the modern Sidjilcom portal) is still the gateway to legal personality for any business in Algeria.
CNRC — Sidjilcom Official Portal ↗Algeria - other topics
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