Company Formation in Algeria: The 51/49 Reform, Capital & CNRC
Setting up in Algeria: the 51/49 rule lifted for non-strategic sectors (100% allowed), no SARL minimum capital, strategic-sector caveats, and the CNRC + AAPI.
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.
FAQ
Is the 51/49 rule still in force in Algeria?
It was lifted for non-strategic sectors (100% foreign ownership now allowed), and remains (51% local) only for strategic sectors defined by regulation.
What is the minimum capital for a SARL in Algeria?
There is no minimum since Law 15-20 (2015) — it is freely set, with 20% paid at incorporation; the 100,000 DA figure is legacy practice, not a legal floor.
Where do I register a company in Algeria?
Through the CNRC (National Commercial Registry), with AAPI's one-stop-shop for foreign and large investments.