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Insurance broker or insurance brokerage company (regulated activity)

Regulated activity · CNRC 612203 · Services

Activity contents

  • Any activities of insurance intermediaries carried out by a natural or legal person (insurance brokerage company).

Supervisory authority

DEPARTMENT OF FINANCE

Type of authorization: Agreement

How to start this activity in Algeria

Official procedure, ordering of steps, and the timelines announced by the administrations

  1. Step 1: Obtain the licence from DEPARTMENT OF FINANCE

    The activity "Insurance broker or insurance brokerage company (regulated activity)" is regulated. You must first build an accreditation file with the supervisory authority (articles, qualification proof, premises eligibility) before any CNRC registration.

    No published timing

  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.

    3 days, décret 23-169

  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 "Insurance broker or insurance brokerage company (regulated activity)" can then start lawfully.

    Through the portal

Legal references

Frequently asked questions

How do I start the activity "Insurance broker or insurance brokerage company (regulated activity)" in Algeria?

"Insurance broker or insurance brokerage company (regulated activity)" is regulated: first obtain the official licence from DEPARTMENT OF FINANCE, then incorporate at CNRC, and finish with tax registrations. UpGrowth Connect handles licence + turn-key incorporation.

How much does it cost to incorporate for code 612203?

For a regulated activity like Insurance broker or insurance brokerage company (regulated activity): 75 000 DZD (sole proprietorship) or about 118 610 DZD (SARL/EURL excluding share capital), plus licence cost (varies per DEPARTMENT OF FINANCE). UpGrowth Connect: 60 000 DZD ex-tax + State fees.

Is the ANAE auto-entrepreneur regime allowed for Insurance broker or insurance brokerage company (regulated activity)?

ANAE is reserved for individual services, capped at 5M DZD/year. For "Insurance broker or insurance brokerage company (regulated activity)", verify eligibility via UpGrowth's ANAE tool or with DEPARTMENT OF FINANCE.

Which supervisory authority oversees code 612203?

The official supervisory authority for Insurance broker or insurance brokerage company (regulated activity) is DEPARTMENT OF FINANCE. This body is responsible for regulation, accreditation and oversight of the activity.

Is the activity "Insurance broker or insurance brokerage company (regulated activity)" regulated in Algeria?

Yes, Insurance broker or insurance brokerage company (regulated activity) (CNRC code 612203) is classified REGULATED. A prior licence from DEPARTMENT OF FINANCE is mandatory before CNRC registration.

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