UpGrowth

Financial institution (regulated activity)

Regulated activity · CNRC 612102 · Services

Activity contents

  • The Financial Institution shall carry out the following operations:
  • Exchange rate operations;
  • Operation on gold, precious metals and coins;
  • Investments, subscriptions, purchases, management, custody and sale of securities and any financial products;
  • Advice and assistance in heritage management;
  • Consulting, management and financial engineering in general, all services intended to facilitate the creation and development of enterprises or equipment.

Supervisory authority

GOVERNING THE CENTRAL BANK

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 GOVERNING THE CENTRAL BANK

    The activity "Financial institution (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 "Financial institution (regulated activity)" can then start lawfully.

    Through the portal

Legal references

This activity needs an agrément

Regulated activity: UpGrowth builds and files your agrément file. Premises audit before the lease: 60 000 DZD excl. VAT up to 200 m², higher for technical or classified premises, 50 % deducted from the file fee if you sign the file within 3 months. The file: from 400 000 DZD excl. VAT for an Algerian company; a foreign-owned company is priced on its file. 19 % VAT on top.

Request my agrément file

Already registered?

This code is regulated: its agrément (authorisation) must be obtained before you can add it to your trade register.

Frequently asked questions

How do I start the activity "Financial institution (regulated activity)" in Algeria?

"Financial institution (regulated activity)" is regulated: first obtain the official licence from GOVERNING THE CENTRAL BANK, 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 612102?

For a regulated activity like Financial institution (regulated activity): 83 000 DZD (sole proprietorship) or about 156 610 DZD (EURL excluding share capital, 171 610 DZD for a SARL with two partners, i.e. 173 710 and 191 560 DZD incl. VAT, fees excl. VAT, VAT 19 % added on fees, official fees paid in your name, outside UpGrowth's invoice). The licence file filed by UpGrowth starts from 400 000 DZD excl. VAT per file (foreign client: from 8 000 USD), VAT 19 % added; the fees of GOVERNING THE CENTRAL BANK itself remain payable by you, in your name. UpGrowth Connect: 60 000 DZD excl. VAT + official fees (for an EURL: 90 000 DZD excl. VAT without domiciliation, 60 000 DZD excl. VAT with domiciliation at UpGrowth, plus 15 000 DZD excl. VAT per additional partner).

Is the ANAE auto-entrepreneur regime allowed for Financial institution (regulated activity)?

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

Which supervisory authority oversees code 612102?

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

Is the activity "Financial institution (regulated activity)" regulated in Algeria?

Yes, Financial institution (regulated activity) (CNRC code 612102) is classified REGULATED. A prior licence from GOVERNING THE CENTRAL BANK is mandatory before CNRC registration.

Other codes in the same group

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