Arabic-language reference guide to company formation in Algeria under the Commercial Code and the Investment Law 22-18 (2022). General legal information, not legal advice; verify with Algerian counsel; the strategic-sectors list is the key uncertainty.
Algeria's old 51/49 rule (≥51% resident-Algerian ownership) was lifted for non-strategic sectors by the 2020 Finance Law and confirmed by Investment Law 22-18 (2022), so 100% foreign ownership is now allowed in most activities; strategic sectors still require 51% local. The SARL/EURL has no minimum capital since Law 15-20 (2015). Registration runs through the CNRC (commercial registry), with AAPI's one-stop-shop for foreign/large investments.
