There are several types of partnerships most used once in Algeria are
- General partnership (SNC): which is partners who manage the company together and have unlimited liability for debts.
- Limited partnership (SCS):consists of general partners with unlimited
- liability is restricted to their capital contribution. p
- :3: Limited liability company:
- Has usually between 2 and 50 partners with liability limited to their capital contribution.
- 4:solo partnership with limited liability : which is a form of SARL with only one partner offering legal protection for personal assets.
- 5: joint stock company (SPA) it divided into freely transferable shares
6: partnership limited by shares(SCA) A hybrid of SPA AND SCS where general partners have unlimited liability and shareholder have liability limited to there shares. :
7economic and social entreprise (EES):A business model combining profitability with a social purpose.
At the end we can say that each type of the partnerships has it's own legal and financial characteristics.