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January 6, 2025 | 9 months ago

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Tax flexibility, a stimulus to maximize investment

According to banking system expert Sofiane Mazari, “We have to start from the premise that taxation is an inescapable economic reality, but that it is a strategic tool for guiding economic choices through government public policy.

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The Finance Law 2025 introduces measures to stimulate investment in Algeria, targeting key sectors such as agriculture, energy and renewable energies. Tax incentives will be available for SMEs, start-ups and exporting companies to reinforce economic competitiveness.


Sofiane Mazari, Chairman of the Islamic Finance Committee, points out that the law considers the taxation of Islamic banks, offering tax exemptions and benefits aligned with Sharia law. The State adopts a "positive neutrality", leaving companies free to choose between the conventional and Islamic banking systems.

 

The law also provides procedures to avoid double taxation and the tax-exempt Islamic "Sukuk" to encourage sustainable investment in social and educational projects. These initiatives aim to create an attractive and ethical business climate while strengthening dialogue between the authorities and the private sector.

January 6, 2025 | algeria-logo

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