DZWatch Exclusive: The Ministry of Trade and Export Promotion, in conjunction with the General Directorate of Customs, has issued a statement clarifying regulations regarding the import of passenger vehicles less than three years old. The statement emphasizes adherence to Article 110 of the 2020 Finance Law, as amended and supplemented by Article 208 of the 2025 Finance Law.
According to the new directives, the importation of these vehicles is strictly limited to resident individuals, and can only be done once every three years. This measure aims to regulate the influx of foreign vehicles and ensure compliance with existing financial laws.
The joint statement explicitly prohibits companies, regardless of their operational nature or legal structure, from engaging in the importation of vehicles under this provision. This clarification seeks to prevent potential misuse of the law and maintain a level playing field for all stakeholders.
Furthermore, the authorities have stressed that the resale of imported vehicles is strictly governed by the legal framework outlined in the aforementioned articles. Any sale conducted outside of this prescribed framework is deemed illegal and subject to penalties. This measure intends to curb illicit trading practices and protect consumers from potential fraud.
DZWatch will continue to monitor this developing situation and provide updates as they become available. We encourage our readers to consult the official government gazette for the full text of the relevant legislation.
The Ministry and the Directorate General of Customs urge all citizens to familiarize themselves with these regulations to ensure compliance and avoid potential legal repercussions.
