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Preview & Print

Properties

Steps (10) arrow_drop_up arrow_drop_down
Obtain board registration permission  (3) expand_more expand_less
Pay capital and registration fees  (1) expand_more expand_less
Apply for project registration  (2) expand_more expand_less
Obtain license of investment project  (4) expand_more expand_less

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Summary of the procedure

Institutions involved 3 expand_more expand_less

BCD bank branch or agency
Privatization and investment board (x 7)
Any commercial bank (x 2)

Results 2 expand_more expand_less

Investment registry certificate - PIB
Investment project license - PIB

Required Documents expand_more expand_less

Establishing investment project application form
Application letter
Company registration certificate
Memorandum of association
Articles of association
Registration certificate- chamber of commerce
Project Memorandum - Local
Name clearance letter
HR replacment timetable
Bank deposit slip
Lease contract or property certificate (x 2)
Sketch drawing
Location printout - google earth
ID or Passport copy
Official agreement between company founders
Investment registry application form
Signature form
Capital deposit letter - PIB
Check of investment registry fees - PIB
Check of advertising fees - PIB
Letter requesting license - PIB
Check of license fees
Project technical report and timetable
Competent authority approval

Estimated cost LYD  4,450

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LYD expand_more expand_less
  • LYD Add Name Here
This is an estimate based on a series of assumptions which you can modify to calculate your own costs:

Cost detail

Estimate your cost

LYD 750
No refundable application fee
LYD 0 -
0.1 % Total costs
0.1 % of the project total investment costs as the PIB services fees
Total investment costs cash or in kind contribution
LYD 700
500 LYD for the registration plus 200 LYD for the investment registration certificate
LYD 3,000
License fee

Total Duration 53d - 65d  expand_more expand_less

  Min. Max.
Total time (sum): 53d 65d
of which:
Waiting time in queue (sum): 55mn 1h. 40mn
Attention at counter: 1h. 5mn 4h. 10mn
Waiting time until next step (sum): 52d 64d

Laws 4 expand_more expand_less

Decision (499) of year 2010 for the executive regulation law No (9) Decision (499) of year 2010 for the executive regulation law No (9)
  articles 10, 11, 12, 13, 15, 16, 18, 20, 21, 22
Law No. 9, 2010 (1378 p.d.) on Investment Promotion (A) Law No. 9, 2010 (1378 p.d.) on Investment Promotion (A)
Law No. 9, 2010 (1378 p.d.) on Investment Promotion (E) Law No. 9, 2010 (1378 p.d.) on Investment Promotion (E)
Minister of economy decision no (234) year (2019) regarding PIB service fees Minister of economy decision no (234) year (2019) regarding PIB service fees Item (1)
  Article 1
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