What are the parnership types?

what are the partnership types

Re: what are the partnership types

بواسطة - MOHAMED OUALID OTMANI
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1. General Partnership - شركة تضامن (SNC):
Partners here share unlimited liability and joint management of the business.
-Mentioned in Articles 551 to 563 of the Commercial Code.
2. Limited Partnership - شركة توصية بسيطة (SCS):
In this type of partnership, at least one partner has unlimited liability, while others have liability limited to their investment.
-Mentioned in Articles 563 bis to 563 bis 10 of the Commercial Code.
3. Limited Partnership by Shares - شركة توصية بالأسهم (SCA):
Similar to the SCS, but with capital divided into shares, and general partners have unlimited liability.
-Mentioned in Articles 715 bis 102 to 715 bis 171 of the Commercial Code.
4. Limited Liability Company - شركة ذات مسؤولية محدودة (SARL):
Partners’ liability is limited to their contributions, with a flexible structure for small and medium-sized businesses.
-Mentioned in Articles 564 to 592 of the Commercial Code.
5. Joint Stock Company - شركة مساهمة (SA):
Requires at least 7 shareholders, and shareholders’ liability is limited to their shares.
-Mentioned in Articles 715 bis to 715 bis 101 of the Commercial Code.
6. Simplified Joint Stock Company - شركة مساهمة مبسطة (SAS):
A flexible structure introduced for startups, with limited liability and customizable management.
-Introduced into Algerian law through Law No. 22-09 of May 5, 2022.(Added to the Commercial law)
7. Single-Member Limited Liability Company - شركة ذات مسؤولية محدودة بشريك واحد (EURL):
A limited liability company with a single partner, allowing sole proprietors to limit their liability.
-Mentioned in Articles 564 to 592 of the Commercial Code.
8. Grouping - تجمع:
An association of two or more legal entities formed to facilitate or develop economic activities without the intention of profit-sharing. It can be established without capital.
-Mentioned in Articles 796 to 799 of the Commercial Code.