Executive Decree No 21-145 of April 17th, 2021 setting out the list of activities of a strategic nature has been published in the Official Gazette No 30 of April 22nd, 2021.
To consult the complete decree, click here
As of now, the list of activities of a strategic nature of the energy and mining sectors, the pharmaceutical industry and transportation set out by the Executive Decree 21-145, are subject to a national resident shareholding participation of at least 51%.
The following is an overview of all the activities of a strategic nature set out in the Decree (in french):
In theory, and unlike companies engaged in import activities for resale in the same condition, that must comply with the 49/51 rule before June 30, 2021, companies engaged in activities in strategic sectors wouldn’t be affected by the obligation to comply with their trade register extracts..
