On 13 October 2019, the Council of Ministers approved the draft Finance Bill for 2020, which has been sent to parliament for approval. This draft includes tax incentives like profit tax and VAT exemptions for start-ups corporations and for new high technologies, creating economic zones for providing tax incentives and eliminating the 51%/49% rule for foreign investment in Algeria, particularly for non-strategic sector. Created as part of the 2009 Finance bill, the 51/49% rule determines the foreign investor share in an Algerian company at 49%, against a rate of 51% of stakes to the Algerian investor.