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Algeria Enacts 2020 Finance Act Including Measures to Promote Investment and for VAT on Digital Goods and Services

|Approved Changes|Algeria
Algeria

On 11 December 2019, Algeria's President signed into law the Finance Act for 2020, including measures to promote productive investment. As previously reported, this includes:

  • the introduction of tax incentives for start-ups operating in the field of innovation and new technologies, including profit tax and value added tax exemptions during the launch and development phase;
  • the creation of four types of national economic zones which will serve as start-up incubators and provide financial and …

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