At present, more and more entrepreneurs and foreign companies are opting for the creation of online companies in Algeriawhere the jurisdiction is stable, even flexible, for international investment. Algeria is an African country considered among the most interesting tax havens in North Africa. In this jurisdiction, Algeria, taxation and the level of income of the population remain profitable for investors in Algeria. Offering an appreciable "ease of doing business in Algeria", many decide to to create a company in Algeria.
Algeria is a Maghreb state located in North Africa. It is the largest country on the African continent, with a total area of 2 381 471 km². Plunged into the Mediterranean Sea, it is bordered by Morocco, Tunisia, Niger, Mauritania and Libya, which influence the development of its international relationship. After census, Algeria has more than 39 million inhabitants. Its integration into major organizations such as the UN, the UMA (Arab Maghreb Union), OPEC, the African Union, or the League of Arab States, has strongly revived the country's economy. The official language of Algeria is Arabic, although the majority of Algerians speak French. The French language is widely used in the field of business and administration in Algeria. The Algerian currency is the Algerian Dinar (DZD).
The country's economy is especially based on gas, oil and livestock activities. In addition, he holds all the opportunities to become the place of the development of the NTIC. In addition, its economic and financial system offers many considerable assets for companies looking for a tax haven. Thanks to high-level, low-cost labor and the flexibility of its jurisdiction, business creation in Algeria is currently in full swing.
TAX REGIME IN ALGERIA
Algeria's economy is growing, with a comfortable financial situation. Following a national policy aimed at boosting a liberal economy and modernizing infrastructure, the country has become an attractive center for foreign investors. Its geographical location in joint ownership with Europe and France offers considerable advantages in terms of linkage and international exchanges.
More and more European, Asian, African, American and other leaders are consideringto open a company in Algeria this year. This is due to favorable taxation and favorable banking laws, making it possible to prosper activities of all kinds. Apart from liberal legislation, which does not require the keeping of accounts or annual reports, the setting up a company in Algeria does not require a minimum capital. On the fiscal side, all companies domiciled in the Algerian territory are exempt from taxes and VAT. In addition, the anonymity of shareholders is preserved with a significant level of confidentiality. In Algeria, inheritance tax on shares held by non-residents does not exist.
What type of society to choose in Algeria?
La creation of society in Algeria is subject to the regulations in force. For the successful completion of an investment project, entrepreneurs and business executives must comply with the rules stipulated by law. Regarding the status of companies, international investors mainly opt for the limited liability company (SARL) and SA (Société Anonyme).
In addition, they may also set up a EURL (one-person limited liability company) and a holding company. According to the law, all companies incorporated in the Algerian territory must have at least one shareholder and one officer (or director).
How to create a company in Algeria?
For to set up a company in Algeriaspecialized firms in this jurisdiction offer their service to facilitate the domiciliation in the country. Investors must provide a certificate of non-registration of a commercial indication, to be withdrawn from the NRC (national center of the Commercial Register), a copy of the statutes and the insertion of the statutes of the company. Other specific documents are also required to open a business in Algeria. To simplify the implementation in the country, the ideal is to confide in a professional.
Our experts in the creation and management of companies in Algeria are at your disposal from Monday to Friday of 9: 00 to 19: 00
Included in the virtual office formula in Algeria
Introduction and Opening of bank account start up and company in Algeria.
Algeria is a popular destination for many investors. The country has a stable economy and an efficient financial system, ensuring the sustainability of the business. When creating a company, the provision of a bank account is necessary. This facilitates the management of financial transactions and also makes it possible to secure, to make profitable, as well as to save the financial patrimonies. The professional banks of Algeria simplify the procedures for opening a bank account for foreign companies.
Why open a bank account start up or company with Algerian banks?
Throughout the Algerian territory, several types of banks offer a variety of financial services and products. The purpose of opening a bank account in Algeria is to enjoy the benefits of having a local bank account so you can provide your local customers with a local bank account number in the currency of the country.
FIDULINK accompanies entrepreneurs and companies in the choice of the local bank, when creating your business we implement our banking and financial partner to offer you the best products and services for your project, start up or business.
The specificities of banks in Algeria
Every year, thousands of foreign companies (SMEs, SMIs, branches, etc.) set up in Algeria and open bank accounts. The financial market and the banking system of the country are very developed. At present, about fifty major national and international banks are active on its territory. The banks in Algeria focus on the field of services and financing. They offer interesting and flexible interest rates.
Algerian banks are represented by 1 200 bank branches across the entire border. Each bank, such as Société Générale, BADR, CNEP Banque, Al Baraka Bank of Algeria, BNP Paribas El Djazaïr, holds their particularity. Moreover, the configuration of a professional bank account in Algeria provides respect for the private sphere of the holder. In addition, it is possible to keep the anonymity of the partners. The country's banking situation is very secure and remains credible for foreign investors. In the face of business needs, professional banks of Algeria embark on the modernization and development of their financial services and products.
Who to contact to open a bank account in Algeria?
Any natural or legal person may open a bank account in Algeria. With the modernization and promotion of foreign investment, administrative procedures and procedures are increasingly simplified. However, to constitute a foreign account in Algeriait is better to contact a bank introducer, who is a tax professional.
Open a bank account for your business in Algeria
Company Accounting in Algeria
Fidulink offers its clients a business accounting service in Algeria, a real day-to-day support for an expert in French analytical accounting in Algeria in Algiers. Companies in Algeria must keep up-to-date accounts throughout their lives.
Accounting and Company Analysis in Algeria
Our firm offers its clients to keep their business accounting in Algeria up to date, with the advantage of having a French accountant at your disposal from Monday to Friday from 9: 00 to 17: 00.
A daily accounting service for your company in Algeria
Because we know that it is important to have a daily business accounting our accounting department offers a complete accounting system in Algeria for companies of all sizes and all activities.
Tax exemption & Corporate Tax Optimization in Algeria
Fidulink offers a complete corporate tax exemption service in Algeria as well as a complete tax optimization package for the Algerian entrepreneur and company.
Accounting service for your business in Algeria