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2.1. Main Formation Requirements

The establishment of the company types outlined in Sec. 1. involves a number steps and require registration/approval with multiple government agencies. The following outlines the basic requirements for establishment:

  • Apply for company name search and approval by the Centre National du Registre du Commerce (CNRC), Algeria's commercial registry - company names must be unique and company name certificate will be issued upon approval
  • Deposit start-up capital with the notary public, which deposits the capital in the public treasury and obtains deposit certificate
  • Draw up company's constitution documents and have them notarized
  • Submit specimen of manager's signature
  • Submit lease of company's registered office
  • Apply for criminal record of the manager at the CNRC and submit the record along with a copy of the manager's birth certificate to the Trade Register
  • Publish the company constitution on the Bulletin of Legal Announcements (B.O.A.L.) and in a nationally circulated newspaper (either Arabic or French language newspaper)
  • Register the company with the CNRC - must be done within two months of the formation of the company
  • Pay the stamp duty and obtain a receipt

After a company is formed, several additional steps are required, including:

  • Register for income tax, corporate tax and VAT with the local tax inspectorate - certificate of existence and tax card will be issued
  • Register with the Caisse Nationale des Assurances Sociales des Travailleurs Salariés (CNAS), which handles employee social security matters
  • Establish company bank account with a commercial bank
  • Register with the Caisse Nationale de Sécurité Sociale des Non Salariés (CASNOS), which handles employer social security matters
  • Register with the Caisse Nationale d’Assurance Chômage (CNAC), the unemployment insurance fund
  • Make company seal
  • Have company’s accounting and inventory books stamped at the court

Algeria provides assistance for foreign investment via the National Investment Development Agency, Agence Nationale de Développement de l'Investissement (ANDI), which provides a one-stop service assisting in establishment.