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LLC PLC Joint Venture Free Zone Company Branch Office Rep Office
Local Name Lda SARL Sociedade em Comandita por Acções Special Economic Zone Company Sucursal Escritório de Representação
Company Setup Time 14 weeks 14 weeks 14 weeks 14 weeks 16 weeks 16 weeks
Bank Account Opening 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks
Government Grants Available Yes Yes Yes Yes No No
Government Contracts Bidding Yes Yes Yes Yes No No
Legal Liability Yes Yes Yes Yes No No
Client Required to Travel No No No No No No
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Corporate Structure Explained

Angolan Limited Liability Company (LDA)

  • The capital of the LLC is divided into quotas, the shareholders are jointly liable for the related investment. Two shareholders and one director must be appointed. A minimum share capital of US$ 1,000 must be deposited.

Angola Branch Office (Sucursal)

  • A local resident must be appointed as a registered representative of the entity. The parent company defines the scope of operations for this entity.
  • The branch must have a local corporate bank account and an independent management team. For incorporation, at least five shareholders and three directors are required. The minimum share capital is US$ 20,000 and 30 per cent must be paid in full before incorporation.

Angola Representative Office (Escritório de Representação)

  • A representative office is allowed to promote the business of the parent firm and perform market research.
  • A representative office is not allowed to pursue production-related or commercial activities and can only have a maximum of 6 employees, with a 50% quota on foreign employees.
  • Its not allowed to conduct direct commercial activities. It is not allowed to have more than 6 employees, 50% of whom may be foreign employees.
  • The parent firm must deposit a guarantee of US$60,000 in an local corporate bank account.

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