The 2024 Draft Finance Bill provides for the exemption of Retakaful operations from value-added tax (VAT).
Reinsurance operations, personal insurance contracts and natural disaster insurance contracts are already exempt from VAT.
Read also | Insurance companies in Algeria [4]
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-205-november-2023
[4] https://www.atlas-mag.net/en/article/algerian-insurance-market-ranking-of-insurers-in-2019