Determining the legal nature of the limited liability company in Algerian legislation
Keywords:
Number of partners, capital, limited liability, medium-sized enterprisesAbstract
This study examines the legal nature of the limited liability company (SARL) in Algerian legislation, focusing on the characteristics derived from capital companies, such as the limited liability of the partner, and from partnership companies, such as the freedom to determine capital and the number of shareholders, which has evolved from 20 to 50 partners. This model makes it closer to partnership companies than to capital companies. However, legal scholars almost unanimously consider it to be one of the capital companies.
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