Pursuant to article 215 of Algerian Commercial Code, “every commercial legal entity or merchant and even a non-commercial individual,  who ceases to pay its debts, must declare (file a declaration) such non-payment within 15 days in order for opening of a judicial procedure of bankruptcy/insolvency”.

Thus, a company must file a declaration for insolvency in Algeria within 15 days from the cease of payment of its debts before the competent court.

We call to your attention the fact that currently, due to Coronavirus, the government has partially suspended the activity of the judiciary from March 17th, 2020 to March 31th, 2020 in accordance the Ministry of Justice Note n°20/106 issued on March 17th, 2020.