The Horizon of Startups in Algeria in Light of Law 22-18

Law 22-18 reflects a genuine desire to effectively boost the national economy. It is a law that provides for no discrimination between private and public investors, nor between Algerian and foreign investors. The investor will deal with a single point of contact: the Investment Promotion Agency (API). Among its new provisions is the creation of the One-Stop Shop, which addresses key areas such as investor expectations and access to land — a matter specifically handled by the One-Stop Shop. There are also obligations for investors who benefit from incentives; they must commit to fulfilling all related obligations. The changes are assessed on two levels: In terms of principles: the freedom to invest, equality between resident and non-resident investors, stability, and speed in the processing of investment applications. On the second level, regarding the advantages granted to investors: the establishment of the non-retroactivity of laws and assurances regarding the transfer of dividends and the repatriation of proceeds from the sale of foreign investments in a straightforward manner.