Continental Focus, International Reach

New Tax Incentives from Algeria

Tuesday, March 27, 2018

Algeria plans to offer tax incentives in a planned new energy law to attract more investment. “We will remove all obstacles, wage a battle against bureaucracy and change tax procedures,” Energy Minister Mustapha Guitouni told an oil and gas conference in the western city of Oran.

“The amendment is required by our energy security,” he said. “The current system must change. We will intensify consultations with our partners.”

Algeria has been working on changing the law for years, but has not yet revealed details nor has a draft has been offered up.


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