| LLC | PLC | Free Zone company | Branch | Rep Office | |
|---|---|---|---|---|---|
| Local Name | SARL | SA | Société en Zone Franche | Branche | Bureau de Representation |
| Company Setup Time | 40 days | 40 days | 40 days | 50 days | 50 days |
| Bank Account Opening | 15 days | 15 days | 15 days | 15 days | 15 days |
| Government Grants Available | Yes | Yes | Yes | No | No |
| Government Contracts Bidding | Yes | Yes | Yes | No | No |
| Legal Liability | Yes | Yes | Yes | No | No |
| Client Required to Travel | No | No | No | No | No |
| Inquiry | Inquiry | Inquiry | Inquiry | Inquiry |
Corporate Structure Explained
Algerian limited liability company (SARL)
- This entity can be established with a minimum of one shareholder and one director and requires a share capital of at least US$ 1,000 (DZD100,000).
- Foreigners are not allowed to hold more than 49% of the shares, and a national is needed to serve as their local joint venture partner.
- LLCs with annual turnover of less than US$ 120,000 are not required to file audited annual statements, while the remaining LLCs need to appoint one auditor.
The Algerian public limited company (SPA)
- It is required to appoint a minimum of three directors and seven shareholders. One shareholder must be a national. All local shareholders must have a share capital of at least 51%. A minimum deposit of US$ 10,000 (DZD1 million) is required for the share capital of the companies.
- PLCs are not required to be listed on the stock exchange. An auditor must be appointed from a list of approved auditors for a period of three years.
Algerian representative office (bureau de liaison)
- A representative office owned by an international company can conduct market research and promote the parent company’s business.
- It will be required a $20,000 deposit on a local bank account, a convertible local currency corporate account with a minimum deposit to cover the costs for the next three months of operation and an accreditation from the local administration every two years.