The global automotive group Stellantis confirmed that Algeria is a real and added opportunity for Italian manufacturers and suppliers to establish industrial partnerships in the field of vehicles and spare parts, emphasizing that its investments and industrial projects in Algeria are not at all part of transferring or relocating Italian factories outside the country, but are based on the principle of production aimed at the Algerian market and creating local added value. A spokesperson for the Stellantis group clarified on February 2 that the meeting held in Turin on Monday, as reported by numerous Italian media outlets, brought together Stellantis' branch in Algeria with about one hundred Italian companies active in the field of subcontracting and automotive components manufacturing, with no relation...
Algeria - The process of expanding the powers of public administration representatives at the one-stop shops of the Algerian Investment Promotion Agency continues, through the delegation of State Property Administration representatives to prepare and sign lease contracts for economic land, as part of simplifying administrative procedures and accelerating the realization of investment projects.
Algeria - The General Directorate of Taxes announced today, Sunday, in a statement, the extension of the deadlines for subscribing and submitting a number of tax declarations for taxpayers subject to the real profit system and the single flat-rate tax system, in order to enable them to meet their tax obligations under the best conditions.
Verification of sanctions lists and individuals and terrorist entities within a mandatory 24-hour passage through banking channels for all real estate transactions, allocating more than 20 percent of the chamber's budget to enhance oversight, inspecting all notary offices nationwide in four oversight rounds. Abdel Salam Boujmaline, Vice President of the National Chamber of Notaries, reveals in an exclusive interview with “Echorouk” the behind-the-scenes of the battle Algeria fought to exit the gray list of the Financial Action Task Force “GAFI”, and the role notaries played in achieving this accomplishment, confirming that this gain paves the way for removing Algeria from the European Union's blacklist, which would enhance investor confidence and facilitate transactions.
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