| LLC | PLC | Branch Office | Rep Office | |
|---|---|---|---|---|
| Local Name | SRL | SA | Succursale | Bureau de Représentation |
| Company Setup Time | 30 weeks | 30 weeks | 35 weeks | 35 weeks |
| Bank Account Opening | 15 days | 15 days | 15 days | 15 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 Limited Liability Company (SARL)
- This type of corporate venture requires at least one shareholder and one director of any nationality. It can be either individual or corporate. A setup for an LLC in Guinea requires a minimum share capital of 14 USD (GNF 100,000).
Guinea Public Limited Company (SA)
- A PLC is recommended for clients planning large investments. This entity requires at least one director and one shareholder who can be either an individual or a legal entity. The shareholder and director can be of any nationality and may not reside in Guinea. A PLC requires a minimum share capital of $14,000 (100 m GNF).
Guinea branch
- The branch must appoint at least a single director, who can be of any nationality, to represent the parent firm in Guinea. The entity must be registered and approved by the local administration.
Guinea representative office
- This entity is not allowed to engage in direct commercial or profit-making economic activities. However, it is allowed to conduct a Market Survey / Research and to promote the activities of its parent company.