Approval of distribution channels before the bank settlement deadlines. The trade directorates request lists of distributors and beneficiaries of imported goods. The trade directorates across the country have ordered active importers in the resale sector to disclose their distribution networks and customer lists before completing the bank settlement procedures related to import operations. They are also required to provide detailed data about the entities to whom the imported goods will be directed, including their names, addresses, commercial registration numbers, and the nature of their activities. This was communicated through letters issued by the trade directorates nationwide on Sunday, and in this context, according to a letter issued by the trade directorate...
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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