Author: Belbachir

Labor Law in Libya

The outlined employment laws cover employee rights, health and safety standards, access to healthcare, accommodation, equal treatment, grievance procedures, collective bargaining, social security, legal remedies, and compliance. Key aspects include fair remuneration, work conditions, training, dispute resolution, and specific protections for women and youth workers. 1. Understanding Employment Laws : o Article (142): States that the employee must enjoy […]

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Overhauling Transfer Pricing Regulations : Updates and Implications

TAX NEWSLETTER: REMODELING OF THE APPLICABLE TRANSFER PRICING REGIMEContext As per recent regulatory publications, the Algerian transfer pricing regime has encountered numerous amendments and remodelings following the enactment of the Rectifying Finance Law for fiscal year 2023 (hereinafter referred to as “RFL 23”), which has been supplemented by the recent issuance of a new order […]

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The Economic Potential of Reopening Algeria-Libya Borders

The Economic Potential of Reopening Algeria-Libya Borders:  Opportunities for Growth and CollaborationMarking the beginning of a new phase of economic collaboration, initiatives are being implemented to facilitate and intensify trade between Algeria and Libya. This includes the full reopening of the “Deb Deb/Ghadames” border crossing and the promotion of enhanced economic cooperation between the two […]

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Algeria Finance Law 2024

EMPOWERING BUSINESS: DISCOVERINGGROWTH AVENUES IN ALGERIA’S 2024 FINANCE LANDSCAPEThe 2024 Finance Law is poised to drive significant economic growth and provide promising investment opportunities for multinational companies in Algeria according to experts. With a projected economic growth of 4.2%, the law prioritizes spending on social and public infrastructure, as well as fiscal measures aimed at […]

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