Measures to support

2. MEASURES IN FAVOUR OF SECTORS (Updated April 2017)


2.1-
MEASURESIN FAVOUR OF AGRICULTURE

 

  • Creation of an interest-free credit"RFIG" for the benefit of farmers and breeders ;
  • Establishment of an ETTAHADI investment credit granted by the BADR in the context of the creation of new agricultural and livestock farms on uncultivated agricultural land belonging to private property and the private domain of the State.
  • Alignment of local prices of grain delivered to the CCLS on world markets
  • Support to the development of production and milk collection
  • Support for the production of meat(ovine and caprine, poultry, equine, cameline.
  • Reinforced support to certain tree crops(olive, palm cultivation(dates), fruit trees);
  • VAT exemption of rent payments within the framework of the credit contracts relating to the lease agricultural equipment produced in Algeria;
  • Exemption from VAT of the combine harvesters manufactured in Algeria;
  • Submission to the reduced rate of VAT at7%:

            - insecticides, fungicides, nematicides and herbicides used in agriculture.

            - agricultural plastic films;.
  •  The application of the 7% VAT rate reduced on raw materials and products used in the manufacture of poultry-farm feed, as well as broiler chicken and eggs for consumption

 

 2.2. MEASURESIN FAVOUR OF TOURISM

  • The trust fund support for tourism promotion and quality activities of expenditure related to tourism promotion and other expenditure for tourism investment projects;
  • Regarding IBS, exemption for a period of 10 years for tourism companies established by Algerian of or foreign promoters, other than tourism and travel agencies as well as mixed-economy companies operating in the tourism sector;
  • Regarding IRG, exemption for a period of 10 years for tourism companies established by Algerian promoters, other than tourism and travel agencies as well as mixed-economy companies operating in the tourism sector;
  • Permanent exemption of TAP for tourism, hotel and thermal activities;
  • Application, until 31-12-2019, of the reduced rate of 7% VAT for services related to tourist, hotel and spa activities, classified tourist catering, travel and rental of tourist transport vehicles;
  • Granting of an interest rate reduction applied on  bank loans granted for the implementation of investment projects and the modernization of tourist and hotel establishments.

 

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