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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 realistic timelines

  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.

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

"Financial institution (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 612102?

For a regulated activity like Financial institution (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 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.

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