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  1. Legal news
    05 December 2019
    Algeria withdraws the so-called “51/49 rule” for non-strategic business sectors and extends possibilities for foreign financing on targeted and structuring projects.
    www.twobirds.com/en/news/articles/2019/france/l-algerie-abandonne-la-regle-du-51-49

    Nearly ten years ago, Algeria introduced an obligation for local individuals or companies to hold 51% of any foreign investment that significantly curtailed external resources and foreign investment during this period.

  2. Legal news
    19 March 2018
    Finance Act (24/11/2017) Fiscal And Parafiscal Measures Overview
    www.twobirds.com/en/news/articles/2018/france/principales-mesures-fiscales-et-parafiscales-congo

    The finance act n°17/014 for the fiscal year 2018 (hereafter referred to as "The Finance Act") was passed on the 24 December 2017 by the Parliament and enacted by the President of the Democratic Republic of the Congo.

  3. Legal news
    19 March 2018
    Value added tax introduced in the United Arab Emirates
    www.twobirds.com/en/news/articles/2018/france/emirats-arabes-unis-introduction-de-la-tva

    On the 1st of January 2018, the United Arab Emirates implemented a 5% VAT on a majority of goods and services.