To make Algeria more attractive to foreign investors, the Algerian government has simplified the requirements to reinvest part of the tax savings generated under the Algerian investment incentives regime.
Determining the reinvestment amount
Circular No. 27/MF/DGI/DIVCEF/LF23, dated on 24 March 2024, was issued to clarify the implications of the new measures introduced by Article 09 of the Financial Act for 2023, modifying Article 142 of the Direct Tax Code.
Following the introduction of the investm…