Algeria global dating network

26-Sep-2017 17:48

The Act 07-11 of 25 November 2007 on the financial accounting system has ended the rule of the national accounting plan dating from 1975.

This law, which is in force as of 2010, aimed to harmonize the Algerian accounting plan with the international standards (IFRS) of the IASB.

- An annual declaration of company profits (IBS: tax on company profits).

Before 1 April of every year, each company must make an annual declaration of its profits, series E N6, to the tax office it comes under.

Note: *The Greater the Index, the More Transparent the Conditions of Transactions.

**The Greater the Index, the More the Manager is Personally Responsible.

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**** The Greater the Index, the Higher the Level of Investor Protection.

Large companies have to pay provisional tax three times a year: 20 March, 20 June, 20 November.