Algeria Enacts 2020 Finance Act Including Measures to Promote Investment and for VAT on Digital Goods and Services

On 11 December 2019, Algeria's President signed into law the Finance Act for 2020, including measures to promote productive investment. As previously reported, this includes:

• the introduction of tax incentives for start-ups operating in the field of innovation and new technologies, including profit tax and value added tax exemptions during the launch and development phase;
• the creation of four types of national economic zones which will serve as start-up incubators and provide financial and …