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Latest revision as of 07:24, 13 September 2022

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Excluded from the regime are activities such as restaurants, drugstores, wrapping and packaging, actual estate agencies, insurance coverage common businesses, business agents, stockbrokers. The names of the liquidators are printed in a journal of legal notices of the wilaya the place the registered office of the corporate is located. The promoting of total or a half of the assets to the liquidator, its workers, spouse, ascendant or descendant is forbidden. In the case of a dissolution, an organization is in liquidation and its persona in law ends with the company, but it has no effects to 3rd parties if it has not been revealed and registered in the enterprise and company registry. The liquidators communicate all the information revealed to the shareholders.

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