Documents required for opening a bank account :
- Copy of the receipt of names office granted by the CNRC.
- Original of judiciary record.
- Legalised copy of the lease (Bail de location)
- Legalised copy of the company articles of memorandum.
- Legalised passport copy for the gérant, cogérant and directors
- Certificate of residency for the gérant (cogérant).
- Legalized extract of
registration certificate (register of trade) of the company
- Legalized
copy of the Assembly decision to invest in the Algerian company.
The capital will have to be paid up in Algerian dinars for the Algerian part of the capital.
The capital will have to be paid in foreign currency for the foreign part of the capital.
The bank transfer to the "capital account" of the company will have to bear the compulsory
mentions-amount of capital in Algerian dinars (take a five percent margin as a precaution against currencies fluctuations), share of capital it represents, exact name of the company.
These mantions are very important. Not complying with this could undermine your capacity to repatriate dividend proceeds in the future.
List of documents kept by the notary:
The notary in charge of the company file, will keep one full set of original documents in this study.
Based on experience, and in order to avoid unecessary delay, it is highly recommended that the customer remit 5 full sets of original documents from the start. Next - Precedent |