print

Preview & Print

Properties

Preview & Print

Properties

Steps (14) arrow_drop_up arrow_drop_down
Obtain name clearance  (1) expand_more expand_less
Prepare company documents  (2) expand_more expand_less
Obtain company registration certificate  (3) expand_more expand_less
Obtain chamber of commerce registration certificate  (3) expand_more expand_less
Obtain tax number  (2) expand_more expand_less
Obtain commercial license  (3) expand_more expand_less

arrow_drop_up arrow_drop_down
Summary of the procedure
TEST test

Institutions involved 6 expand_more expand_less

General commercial registry (x 4)
Notaries offices
Any commercial bank
Chamber of commerce and industry (x 3)
Tripoli tax administration (x 2)
Commercial licensing office (x 3)

Results 4 expand_more expand_less

Company registration certificate
Registration certificate- chamber of commerce
Tax registration number
Commercial license

Required Documents expand_more expand_less

Trade name clearance form
Name clearance form
National number certificate (x 2)
National ID or Passport (x 6)
Letter of opening a commercial account
List of contents issued by notary
Company registation fees receipt (x 2)
Trade name clearance certificate
Capital deposit slip
Memorandum of association
Minutes of meeting
Articles of association
Application form - Chamber of Commerce
Company registration certificate (x 3)
Receipt of the registration fees
Application form - Tax
Commitment form-Tax
Representation letter - LC
Stamped commitment form
Tax registration number
Registration certificate- chamber of commerce
Real estate lease or ownership contract
Sketch drawing
Fees receipt

Estimated cost LYD  4,606

expand_more expand_less

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 1,600
Average cost. Usually the cost varies from one notary to another.
LYD 206
LYD 0 -
0.5 % capital amount
LYD 0 -
0.5 % total tax
LYD 250
Oil services companies. Fuel and oils distribution with a capital of 100.000 dinars and less
LYD 1,150
Oil services companies, oil equipment import and wells drilling
LYD 250
Partnerships and limited liability companies with a capital less than 100.000 dinars
LYD 1,150
Insurance companies, banks and exchange services.
LYD 0 -
LYD  100.5 per year
Limited liability company including 0.5% tax
No of license years

Total Duration 2d  - 3d 1/2  expand_more expand_less

  Min. Max.
Total time (sum): 2d 3d 1/2
of which:
Waiting time in queue (sum): 1h. 50mn 3h. 25mn
Attention at counter: 3h. 5mn 6h. 45mn
Waiting time until next step (sum): 1d 2d

Laws 8 expand_more expand_less

Commercial Law No. 23 of 2010 Commercial Law No. 23 of year 2010
  articles 14, 24, 101, 271, 272, 273, 274, 275, 276, 482, 485, 491
Council of ministers decision (186) of year 2012 - JSC Council of ministers decision (186) of year 2012 - JSC
  Article 1
Council of ministers Resolution No. 187 of 2012 Council of ministers resolution No. 187 of year 2012 regarding the executive regulation of the GCR
  articles 2, 7, 9, 12
The executive regulations of the chambers of commerce Council of minsters decision (333) regarding the executive regulation of the chambers of commerce
  Article 6
Decision (311) of year 2006 approving commercial activities licensing fees Decision (311) of year 2006 approving commercial activities licensing fees of table (5) of the appendix
  articles 3, 6
Decision of the Minister of Economy No. 406 of 2019 Decision of the Minister of Economy No. 406 of year 2019 regarding chamber of commerce fees
Minister of Economy Decree No. 644 of 2010 regarding the issuance of commercial licenses Minister of Economy Decree No. 644 of year 2010 regarding the issuance of commercial licenses
  articles 1, 2, 3, 6, 14
The executive regulations of Law No. 7 of 2010 regarding income taxes. The executive regulations of Law No. 7 of year 2010 regarding income taxes.
  Article 2
Powered by eRegulations ©, a content management system developed by UNCTAD's Business Facilitation Program and licensed under Creative Commons License