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Algeria
Algerian History, Culture, and Statistics
Located along the coast of northern Africa, Algeria is a predominantly Muslim country that is bordered by both the Mediterranean Sea and the Sahara Desert. The extreme climate plays a big role in the nation’s economy, tourism, as well as culture.
The main elements of the climate, on which agriculture and other aspects of the economy depend, include the amount of rainfall as well as the timing and magnitude of the sirocco, a dry and fierce wind that comes from the Sahara.
While the population primarily identifies as Arab, there is also a sizable Berber population. With links to the Ottoman Empire, as well as French colonization, Algeria’s history is rich and diverse. Arabic is the official national language but French is also widely spoken. Oil, national gas and mineral deposits comprise a significant part of its wealth and economy and its capital, Algiers, is a bustling metropolis that serves as a center of business and culture.
| 2021 | |
| May 1 | May Day |
| May 13 | Eid al-Fitr |
| May 14 | Eid al-Fitr Holiday |
| July 5 | Independence Day |
| July 20 | Eid al-Adha |
| July 21 | Eid al-Adha Holiday |
| August 10 | Muharram |
| August 19 | Day of Achura |
| October 19 | The Prophet’s Birthday |
| November 1 | Anniversary of the Revolution |
- Limited Liability
- Corporation
- Partnership
- Corporate Tax: 19% (lowest) – 26% (highest)
- Income Tax (Lowest Marginal Rate): 0%
- Income Tax (Highest Marginal Rate): 35%
- VAT/GST/Sales Tax: 9% (basic items), 19% (standard rate)
- Banque extérieure d’Algérie (BEA) (Commercial Bank)
- Banque nationale d’Algérie (BNA) (Commercial Bank)
- Banque de l’agriculture et du développement rural (BADR) (Commercial Bank)
- Banque de développement local (BDL) (Commercial Bank)
- Crédit populaire d’Algérie (CPA) (Commercial Bank)
- Caisse nationale d’épargne et de prévoyance (CNEP Banque) (Commercial Bank)
- Caisse nationale de mutualité agricole (CNMA) (Commercial Bank)
- Banque Al Baraka Algerie (Commercial Bank)
- Arab Banking Corporation (ABC) (Commercial Bank)
- Natixis Banque (Commercial Bank)
- Societe Generale Algerie (Commercial Bank)
- Citibank (Commercial Bank)
- Arab Bank Plc (Commercial Bank)
- BNP Paribas el Djazair (Commercial Bank)
- Trust Bank Algeria (Commercial Bank)
- Gulf Bank Algeria (Commercial Bank)
- Housing Bank for Trade and Finance (Commercial Bank)
- Fransabank el Djazair (Commercial Bank)
- Calyon Algerie SPA (Commercial Bank)
- Al Salam Bank Algeria SPA (Commercial Bank)
- HSBC Algeria SPA (Commercial Bank)
- Banque Nationale d’Algérie (BNA) (State Bank)
- Banque Extérieure d’Algérie (BEA) (State Bank)
- Banque de l’Agriculture et du Développement Rural (BADR) (State Bank)
- ABC International Bank Plc-Algeria (Foreign Bank)
- African Development Bank Group – Algeria. (Foreign Bank)
- Al Salam Bank Algeria. (Foreign Bank)
- Arab Bank Algeria. (Foreign Bank)
- Arab Banking Corporation. (Foreign Bank)
- Banque Albaraka Alg. (Foreign Bank)
- Banque Exterieure D’algerie British Arab Commercial Bank (bacb) (Foreign Bank)
- Bnp Paribas El Djaza. (Foreign Bank)
- Fransabank El DJAZA (Foreign Bank)
- Natixis Banque Alg (Foreign Bank)
- Union De Banques Arabes Et Francaises (U.B.A.F.) (Foreign Bank)
- Caisse Nationale D (Foreign Bank)
- Calyon Alg (Foreign Bank)
- Citibank Alg (Foreign Bank)
- Gulf Bank Algeria (Foreign Bank)
- Societe General Algeria (Foreign Bank)
- The World Bank – Algeria (Foreign Bank)
- Trust Bank ALG (Foreign Bank)
- Société Générale (Private Bank)
- BNP Paribas (Private Bank)
- Natixis (Private Bank)
- Algeria Gulf Bank (Private Bank)
Aadmi can support you with your expansion to Algeria. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns. Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.
Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.
