Steps (15)
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Obtain name clearance
(1)
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Prepare company documents
(2)
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Obtain company registration certificate
(4)
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Obtain chamber of commerce registration certificate
(3)
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9
Pay fees
Obtain tax number
(2)
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Obtain commercial license
(3)
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Summary of the procedure
Institutions involved 6 expand_more expand_less
Results 4 expand_more expand_less
Required Documents expand_more expand_less
Estimated cost LYD 2,056
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LYD
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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
0
-
0.5
% capital amount
0.5% of the total capital
|
Capital amount
|
|
LYD
0
-
0.5
% total tax
0.5% processing stamp tax
|
Tax amount
|
| LYD 206 | |
|
LYD
250
Joint stock and limited liability companies with a capital less than 100.000 dinars
|
|
|
LYD
0
-
LYD
100.5
per year
Limited liability company including 0.5% tax
|
No of license years
|
Total Duration 2d 1/2 - 3d 1/2 expand_more expand_less
| Min. | Max. | |
|---|---|---|
| Total time (sum): | 2d 1/2 | 3d 1/2 |
| of which: | ||
| Waiting time in queue (sum): | 1h. 55mn | 3h. 45mn |
| Attention at counter: | 1d | 7h. 15mn |
| Waiting time until next step (sum): | 1d | 2d |
Laws 11 expand_more expand_less
Commercial Law No. 23 of year 2010
articles 14, 24, 101, 271, 272, 273, 274, 275, 276, 482, 485, 491, 1331
Commercial Law No. 23 of year 2010 (English)
articles 14, 24, 101, 271, 272, 273, 274, 275, 276, 482, 485, 491, 1331
Council of ministers decision (186) of year 2012 - JSC
Article 1
Council of ministers resolution No. 187 of year 2012 regarding the executive regulation of the GCR
articles 2, 7, 9, 12
Council of minsters decision (333) regarding the executive regulation of the chambers of commerce
articles 6, 8
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 year 2019 regarding chamber of commerce fees
Decision of the Minister of Economy No. 406 of year 2019 regarding chamber of commerce fees (English)
Unofficial translation
Law No. 12 of year 2004 regarding stamp tax
of appendix table
articles 30-A, 36
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 year 2010 regarding income taxes.
Article 2
