Economic Interest Groupings (G.I.E.):
(Act no 5-96)
Act No. 13-97 of 5 February 1999 on GIE stipulates in Article 1 that « two or more corporations may form with one another for a definite or indefinite period an economic interest grouping to implement all means to facilitate or develop the economic activity of its members and to improve or increase the results of such activity».
G.I.E is an intermediary legal framework between company and partnership, it is simpler than the company and more effective than the partnership: low incorporation fees, flexibility, business purpose, profit-making... ;
G.I.E is a contractual prevailing form as the contract of the grouping fixes freely the organization, operation and administration, as well as rights and obligations of members.
- Agreement of the grouping;
- Negative certificate;
- Statement of Conformity;
- Copies of identity documents of members of administrative, management and accounts auditing boards ;
- Copy of registration model No. 7 for each individual, member of the grouping;
- Copy of the notice in the newspaper of Legal Notices;
- Publication in the Official Bulletin or possibly sealed to the B.O;
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