The comparison in one table
| Criterion | EURL | SARL |
|---|---|---|
| Number of members | 1 | 2 to 50 |
| Legal nature | Single-member SARL | Limited liability company |
| Minimum capital | None, any amount | None, any amount |
| Capital payment | At least 1/5 of cash contributions at the start, the rest within 5 years | Same |
| Members' liability | Limited to contributions, as a rule | Limited to contributions, as a rule |
| Decisions | The sole member decides alone | Members decide together, by the set majorities |
| Management | One or more natural persons: the member or a third party | One or more natural persons, members or not |
| Articles | Simpler | Voting and transfer rules to plan |
| New member joining | The EURL becomes a SARL by amending the articles | Share transfer or capital increase, under the articles |
| Formation steps | Name, notary, BOAL, CNRC, tax office, ONS, CASNOS | Same |
| Observed formation cost | About 102,700 DA with one manager | Same, plus 43,200 DA a year for each other manager enrolled with CASNOS |
| Tax rules | Those of a SARL, since an EURL is one | Those of a SARL |
The differences, day to day
Making a decision
In an EURL, the sole member approves the accounts, appoints the manager and amends the articles alone, recording decisions in writing. In a SARL, these decisions are taken in a meeting, by the majorities set by the Commercial Code and the articles. The more members there are, the more the drafting of the articles matters.
Bringing in a member
In an EURL, the arrival of a second member turns the company into a standard SARL: the articles are amended (split of shares, voting rules), a BOAL notice is published and the trade register entry is updated. The legal entity stays the same. In a SARL, admitting an outsider follows the approval rules of the Commercial Code and the articles.
Protecting members from each other
A SARL works well when the articles cover everything: the manager's powers, conditions for transferring shares, a member's exit. With two members at 50% each, decide from the start how a disagreement will be settled, or the company may end up deadlocked.
The manager's social security status
A manager who is not an employee is enrolled with CASNOS, with an annual contribution of at least 43,200 DA. If a SARL has two such managers, each pays their own. The exact scheme depends on each person's situation: our CASNOS or CNAS guide covers the cases.
What to choose for your profile
| Your situation | Our recommendation | Why |
|---|---|---|
| You start a service or trading business alone | EURL | One signature, simple articles, personal assets protected as a rule |
| You start with one or more partners | SARL | Each holds shares, voting and transfer rules are written down |
| You are alone, but a partner could join | EURL first | Switching to a SARL later is done by amending the articles |
| Two partners with equal shares | SARL, with careful articles | At 50/50, plan how a disagreement is settled |
| Family project | SARL | Each member can hold shares, management can go to one of them |
| Small trading activity, alone, tight budget | Compare with a sole trader | Lower fees, but your personal assets answer for debts |
| Certified start-up seeking investors | Also look at the SPAS | Form reserved for certified start-ups (Law No. 22-09 of 5 May 2022) |
Which legal form fits your project?
Three questions. You get a recommendation and your starting budget.
Question 1 of 3
Are you starting alone or with others?
What stays the same for both
- The steps: name at the CNRC, articles before a notary, BOAL notice, trade register, beneficial owners, NIF and G n°8, NIS, CASNOS.
- The need for a documented registered office: lease, title deed or domiciliation. At Neuron, 6,000 DA a month.
- The observed fees: about 102,700 DA with one manager, excluding capital and office.
- The timing: 10 to 15 days for the trade register and 4 to 5 weeks for the complete file, in our experience.
Do it yourself or get help
Once the form is chosen, follow our step-by-step guide. We can also fill in the setup forms (5,000 DA for a company's 4 forms), which you then file yourself, or follow the whole file for 60,000 DA, or 50,000 DA if the company is domiciled at Neuron (official fees excluded).
Three ways to get it done
Do it yourself with this guide, have your setup forms filled in, or hand us the whole file.
1I do it myself
The free guide
Everything you need is on this page: documents, deadlines, a filled-in example.
Free
Follow the guide2We fill them in for you
Setup form filling
We fill in your business setup forms, for one price. You submit them yourself.
- Beneficial owner declaration
- Trade register, legal person
- G n°8
- NIS application
5,000 DAthe 4 setup forms of a company
Get it filled in3We handle everything
Full support
We follow every setup step: 50,000 DA for a sole trader, 60,000 DA for a company, 10,000 DA less if your address is with Neuron.
From 40,000 DA
Start my setup
Company setup support
Name reservation, articles, trade register, NIF, NIS, CASNOS: we follow the file with you.
- Sole trader: 50,000 DA, company: 60,000 DA
- 10,000 DA less if your registered address is with Neuron, even from abroad
- From abroad: 70,000 or 80,000 DA
From 40,000 DA
Registered address in Dely Brahim
Your head office in Algiers. Notarised contract ready within 3 days at most.
- 1-year or 2-year contract
- ID document and birth certificate
- Your mail received for you
6,000 DA/ month