| LLC | PLC | Branch Office | Rep Office | |
|---|---|---|---|---|
| Local Name | Lda | SA | Sucursal | Oficina de Representacion |
| Company Setup Time | 20 days | 20 days | 30 days | 30 days |
| Bank Account Opening | 20 days | 20 days | 20 days | 20 days |
| Government Grants Available | Yes | Yes | No | No |
| Government Contracts Bidding | Yes | Yes | No | No |
| Legal Liability | Yes | Yes | No | No |
| Client Required to Travel | No | No | No | No |
| Inquiry | Inquiry | Inquiry | Inquiry |
Corporate Structure Explained
Guinea Bissau Limited Liability Company (LDA)
- An LLC is also locally referred to as Sociedade por Quotas de Responsabilidad Limitada (LDA). This entity requires at least one shareholder and a resident director, and can be 100% foreign-owned. A minimum share capital of EUR 1,525 is required.
Guinea Bissau Public Limited Company (SA)
- A PLC is recommended for larger operations in Guinea-BissauIf the entity is not listed on the stock exchange, only one director is required, who may be of any nationality. The minimum share capital required is XOF 10 million (€ 15,250).
Guinea Bissau Branch (Sucursal)
- A branch office must have a manager who resides in the country and it must be a Guinea Bissau National.
Guinea Bissau Representative Office
- A branch is not considered to be independent and its operations depend entirely on its parent company. A representative office is not allowed to engage in any direct commercial activity in Guinea Bissau. However, it is permitted to conduct market surveys / research and promote the activities of the parent company.