Tax incentives to support foreign investment in Algeria in light of the new investment law No. 16/09

Abstract

Foreign investment is considered one of the most important pillars of achieving economic development in a country, due to the gains and benefits it brings to the individual, society, and the state as a whole. It contributes to increasing job opportunities, training the workforce and equipping them with production skills and techniques, as well as transferring technologies and improving the state budget. This can only be achieved through effective and active state intervention and creating a suitable environment for this investment by enacting a comprehensive legal framework that includes a range of guarantees and financial exemptions that ensure maximizing and increasing the influx of foreign investors seeking to benefit from the economic and social advantages that Algeria offers.