UpGrowth

Savings and Provident Fund (Regulated Activity)

Regulated activity · CNRC 612104 · Services

Activity contents

  • All activities related to savings and foresight.

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 "Savings and Provident Fund (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 "Savings and Provident Fund (Regulated Activity)" can then start lawfully.

    3 to 7 days

Legal references

  • Ordinance No 03-11 of 26/08/2003 on currency and credit, as amended.

Frequently asked questions

How do I start the activity "Savings and Provident Fund (Regulated Activity)" in Algeria?

"Savings and Provident Fund (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 612104?

For a regulated activity like Savings and Provident Fund (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 Savings and Provident Fund (Regulated Activity)?

ANAE is reserved for individual services, capped at 5M DZD/year. For "Savings and Provident Fund (Regulated Activity)", verify eligibility via UpGrowth's ANAE tool or with GOVERNING THE CENTRAL BANK.

Which supervisory authority oversees code 612104?

The official supervisory authority for Savings and Provident Fund (Regulated Activity) is GOVERNING THE CENTRAL BANK. This body is responsible for regulation, accreditation and oversight of the activity.

Is the activity "Savings and Provident Fund (Regulated Activity)" regulated in Algeria?

Yes, Savings and Provident Fund (Regulated Activity) (CNRC code 612104) is classified REGULATED. A prior licence from GOVERNING THE CENTRAL BANK is mandatory before CNRC registration.

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