Abdelmadjid Tebboune signed the law on the auto-entrepreneur status, adopted recently by the Parliament, as well as the law supplementing the ordinance on the general status of the public service, enshrining the right to a leave for the creation of a company by the employees, contract employees and administrators.
The law on the auto-entrepreneur status aims to organize the new economic activities that appeared with the emergence of the knowledge economy and the digital economy and which haven’t been governed by any legal framework to date.
The law develops the entrepreneurial spirit and facilitates the access of young people to the labor market through self-employment, and its enables reducing the number of people working in the parallel market without social security cover and contributes to the integration of this category into the formal economy.
This law helps reduce the expenses of startups by enabling them to appeal to independent entrepreneurs and also ensure a common exploitation of the human resources between several companies.
The law on auto-entrepreneur facilitates the exportation of some digital services, such as the development of web applications and mobiles, the e-marketing, the community management and computer graphic, notably in view of the new regulations issued by the Bank of Algeria authorizing the transfer of all the revenues of the export of the digital services in currency to the country, according to the Ministry of the Knowledge Economy, Startups and Micro-enterprises.
The President of the Republic signed the law supplementing the ordinance on the general status of the public service and enshrining the right to a leave for the creation of a company by the employees, contract employees and administrators, a text initiated by the Ministry of Labour, Employment and Social Security.
The entry into force of these two laws “will encourage the Algerian specialists to enter the world of entrepreneurship and will contribute to the country’s economic development.”
APS
