Algeria: Operating a Business
Setting Up a Company | Working Conditions | Cost of Labor | Social Partners
| Types of Companies and Capital (Max/Min) | Number of Partners/Shareholders and Liability |
|
Limited liability company(SARL)
|
1 or several partners
|
|
Joint-stock company (SPA)
|
minimum 7 shareholders
|
|
General partnership (SNC).
|
minimum 2 partners.
|
|
Limited joint-stock partnership
|
There are two sorts of partners, the active partners and the silent partners.
|
| Setting Up a Company | Algeria | Middle East & North Africa |
| Procedures (number) | 14.0 | 8.1 |
| Time (days) | 24.0 | 20.0 |
Source: Doing Business.
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Last Updates: January 2012