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Legal Forms of Companies

General Partnership: Number of partners: No limitation on the number of partners
Capital (max/min): No minimum capital required
Shareholders and liability: Joint and indeterminate liability for the company's debt
Limited Partnership: Number of partners: Minimum two partner.
Two types of partners: general partners and limited partners
Capital (max/min): No minimum capital required
Shareholders and liability: Liability of general partners is joint and indeterminate. Liability of silent partners is limited to the amount of their contribution.
Limited Liability Company (SARL): Number of partners: Minimum one partner, maximum 50 partners
Capital (max/min): No minimum capital required
Shareholders and liability: Liability limited to the amount of contribution
Public Company (SA): Number of partners: Minimum five partners
Capital (max/min): Around USD 17,000
Shareholders and liability: Liability limited to the amount of contribution

Source: Doing Business - Latest available data.

The Competent Organisation: Since 1998, trying to encourage foreign investments, the Mauritanian government has created a single office in order to simplify the process of business establishment. This office is attached to the Ministry of Economy and Finances. It serves for the orientation of investors and all their projects, which are then studied by the Council of Ministries. In general they are all accepted.
For Further Information: Consult Doing Business Website, to know about procedures to start a Business in Mauritania.
Register a company.

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