UpGrowth

Foreign exchange (regulated activity)

Regulated activity · CNRC 612201 · Services

Activity contents

  • Perform the following foreign exchange transactions:
  • 1- Sales transactions, against national currency, of freely convertible foreign currencies for the benefit of resident natural persons, the nature of which relates to the right or the foreign exchange allowance in respect of:
  • Travel abroad;
  • Medical care abroad;
  • Mission expenses;
  • Education and training costs.
  • 2- Transactions in which foreign currencies are freely convertible, for the benefit of non-resident natural persons, are sold for the remainder of the currency in their possession at the end of their stay in Algeria;
  • 3- Transactions in which foreign currencies are freely convertible from natural persons resident or non-resident against national currency.

Supervisory authority

GOVERNING THE CENTRAL BANK

Type of authorization: Agreement

How to start this activity in Algeria

Official procedure, ordering of steps, and realistic timelines

  1. Step 1: Obtain the licence from GOVERNING THE CENTRAL BANK

    The activity "Foreign exchange (regulated activity)" is regulated. You must first build an accreditation file with the supervisory authority (articles, qualification proof, premises eligibility) before any CNRC registration.

    2 to 6 weeks

  2. Step 2: Company incorporation (LLC, single-member LLC or sole proprietorship)

    Once you hold the licence, sign the articles at the notary, declare the share capital, then request the company name + Trade Register at CNRC. For a heavy licence, a SARL/EURL is usually required over the auto-entrepreneur regime.

    7 to 10 days

  3. Step 3: Tax and social registrations

    With your trade register in hand, obtain the NIF (tax ID), NIS (social security ID for the manager), CNAS affiliation for employees, and the tax card. Your activity "Foreign exchange (regulated activity)" can then start lawfully.

    3 to 7 days

Legal references

  • -Accreditment issued by the Governor of the bank of Algeria (Regulation No. 23-01 of 21 September 2023 on the conditions for the authorization of the establishment, approval and exercise of foreign exchange offices).

Frequently asked questions

How do I start the activity "Foreign exchange (regulated activity)" in Algeria?

"Foreign exchange (regulated activity)" is regulated: first obtain the official licence from GOVERNING THE CENTRAL BANK, then incorporate (SARL/EURL usually required) at CNRC, and finish with tax registrations. UpGrowth Connect handles licence + turn-key incorporation.

How much does it cost to incorporate for code 612201?

For a regulated activity like Foreign exchange (regulated activity): 75 000 DZD (sole proprietorship) or about 118 610 DZD (SARL/EURL excluding share capital), plus licence cost (varies per GOVERNING THE CENTRAL BANK). UpGrowth Connect: 60 000 DZD ex-tax + State fees.

Is the ANAE auto-entrepreneur regime allowed for Foreign exchange (regulated activity)?

ANAE is reserved for individual services, capped at 5M DZD/year. For "Foreign exchange (regulated activity)", verify eligibility via UpGrowth's ANAE tool or with GOVERNING THE CENTRAL BANK.

Which supervisory authority oversees code 612201?

The official supervisory authority for Foreign exchange (regulated activity) is GOVERNING THE CENTRAL BANK. This body is responsible for regulation, accreditation and oversight of the activity.

Is the activity "Foreign exchange (regulated activity)" regulated in Algeria?

Yes, Foreign exchange (regulated activity) (CNRC code 612201) is classified REGULATED. A prior licence from GOVERNING THE CENTRAL BANK is mandatory before CNRC registration.

Other codes in the same group