{"id":1774,"date":"2025-12-02T07:39:46","date_gmt":"2025-12-02T07:39:46","guid":{"rendered":"https:\/\/loucif.law\/?p=1774"},"modified":"2025-12-02T07:39:47","modified_gmt":"2025-12-02T07:39:47","slug":"transfers-of-companies-operating-in-strategic-sectors-publication-of-a-new-decree","status":"publish","type":"post","link":"https:\/\/loucif.law\/en\/transfers-of-companies-operating-in-strategic-sectors-publication-of-a-new-decree\/","title":{"rendered":"Transfers of companies operating in strategic sectors: Publication of a new decree"},"content":{"rendered":"\n<p>The legal framework governing the transfer of shares in Algerian companies operating in a strategic sector is now complete. Executive Decree No. 25-304 of 23 November 2025 (\u201c<strong>Decree 25-304<\/strong>\u201d) sets out the detailed modalities for obtaining the prior authorization required under Article 52 of the Finance Law for 2020.<\/p>\n\n\n\n<p><strong>Key points:<\/strong><\/p>\n\n\n\n<p>\u2022 Publication of Decree No. 25-304, which sets out the detailed modalities for obtaining the prior authorization required for transfers of companies operating in a strategic sector.<\/p>\n\n\n\n<p>\u2022 Scope of application limited to transfers involving:(i) a company operating in a strategic sector as defined by the 2020 Supplementary Finance Law and its subsequent amendments; and (ii) a foreign purchaser (foreign natural or legal person, or an Algerian company whose share capital is majority-owned by foreign persons).<\/p>\n\n\n\n<p>\u2022 Authorization procedure consisting of: (i) the filing of an application by the target company; (ii) a  mandatory interministerial consultation within 30 days; and (iii) a decision issued by the competent ministry within a maximum period of 60 days.<\/p>\n\n\n\n<p>\u2022 Authorization issued in accordance with the model annexed to Decree 25-304; in the event of refusal, the applicant is notified in writing.<\/p>\n\n\n\n<p>\u2022 Mandatory rejection of the application where there are indications of situations likely to affect public order, public security, public health or the economic interests of the country, or where the purchaser is involved in acts of corruption or in financial or economic criminality.<\/p>\n\n\n\n<p>For more details, read the full version of the newsletter: <strong><a href=\"https:\/\/loucif.law\/wp-content\/uploads\/2025\/12\/ALGERIA-Client-Alert-Transfer-of-Strategic-Companies-November-2025.pdf\">HERE<\/a><\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The legal framework governing the transfer of shares in Algerian companies operating in a strategic sector is now complete. Executive Decree No. 25-304 of 23 November 2025 (\u201cDecree 25-304\u201d) sets out the detailed modalities for obtaining the prior authorization required under Article 52 of the Finance Law for 2020. Key points: \u2022 Publication of Decree [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1774","post","type-post","status-publish","format-standard","hentry","category-articles"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Transfers of companies operating in strategic sectors: Publication of a new decree - Loucif &amp; Co<\/title>\n<meta name=\"description\" content=\"FDI investment Algeria strategic sectors\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/loucif.law\/en\/transfers-of-companies-operating-in-strategic-sectors-publication-of-a-new-decree\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transfers of companies operating in strategic sectors: Publication of a new decree - Loucif &amp; 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