Algeria

Social security contributions

It is the employer’s obligation to contribute 26% of the employee gross salary (employer contribution) and 9% of gross salary (employee contribution). The social security contributions cover retirement, illness, unemployment, and work accidents.

Capital gains taxes

Capital gains are taxed at 15% for residents and 20% for non-residents.

Consumption taxes

Value-added tax (VAT) at 19%, 9%, or 0% is paid by the individual as final consumer.

Net wealth/worth taxes

Wealth tax for residents is assessed on a worldwide basis and applies to property with a net taxable value higher than DZD 100 million on 1 January of the corresponding tax year. Wealth tax applies, for example, to peculiar real estates, motor vehicles, racehorses, or arts. Where an individual has paid a similar tax on non-Algerian assets, it may be deducted from the tax due in Algeria. Non-residents are subject to wealth tax with respect to property deemed or actually located in Algeria.

See the Other taxes section in the Corporate tax summary for wealth tax rates.

Inheritance, estate, and gift taxes

Inheritance and gifts are taxed at 5% on net value and gross value, respectively.