Algeria, this exotic country of North Africa, scene of the most ancient culture, has been the protagonist in recent years of an important and significant opening in its economy and with relevant changes in the legal framework for the promotion and encouragement of foreign investments.

If you have considered this offshore jurisdiction for investment, you should know that the reforms achieved include support incentives, whether for the exploitation of resources, such as the tax advantages offered by the Algerian investment code, which makes it the country with the most competitive benefits for investors in the Mediterranean.

This jurisdiction is ranked 157th out of 190 in the Doing Business ranking, which classifies countries according to the ease of doing business.

Algeria can be an attractive country to form a company that provides services to the oil and gas industry. Algeria, is in fact, the largest gas producer in Africa. However, restrictions on foreign investment in the past have contributed to limiting the productivity of this industry, so Algeria is in great need of technology transfers, skilled professionals and foreign know-how.

The untapped Algerian market is a great avenue for companies to obtain substantial profit margins because the GDP per capita in Algeria, when adjusted for Purchasing Power Parity (PPP), is equivalent to 78% of the world average, which is very attractive.

Algeria stands out for the potential and business opportunities offered by the Algerian market in all sectors and the competitive advantages in terms of low raw material, energy and labor costs.

The Algerian country is energetically rich because it has a subsoil abundant in phosphate, zinc, iron, gold, uranium, tungsten, kaolin, etc. deposits. Indeed, Algeria's natural wealth is considerable and diversified, and the country is opening up to various fields of activity that offer great opportunities for investment.

However, major challenges remain despite the fact that others have been overcome, political instability has eased greatly in recent years, much of the Algerian population remains burdened by poverty, high unemployment, poor public services and entrenched government corruption.

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