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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.

Fast Incorporations