1. Register a foreign company branch (Initial)
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Properties

Steps (24) arrow_drop_up arrow_drop_down
Prepare registration documents  (4) expand_more expand_less
Obtain registration certificate  (10) expand_more expand_less
Obtain chamber of commerce registration  (3) expand_more expand_less
Obtain tax number  (3) expand_more expand_less
Obtain commercial license  (3) expand_more expand_less
Activate company bank account  (1) expand_more expand_less

24
Activate company bank account
(last modified: 16/11/2021)

Contact details

Entity in charge

Any commercial bank


Website: https://cbl.gov.ly/en/commercial-banks/

Expected results

Active bank account

Requirements

1. 01 - Libre deuda de patente
Chamber of commerce registration certificate - Foreign (original)
2. 01 - Libre deuda de patente
Minister of economy decision authorizing branch registration (Simple copy)
3. 01 - Libre deuda de patente
Branch registry certificate - Foreign (Simple copy)
4. 01 - Libre deuda de patente
Commercial license certificate - Foreign (Simple copy)
5. 01 - Libre deuda de patente
Tax registration certificate (Simple copy)
or 01 - Libre deuda de patente
Tax registration number (Simple copy)

Time frame

Waiting time in queue: Min.   10mn - Max.  15mn
Attention at counter: Min.   10mn - Max.   15mn

Legal justification

1. Central bank of libya decision 36 of year 2009 regarding bank accounts
Central bank of libya decision 36 of year 2009 regarding bank accounts
Article 12
2. Central bank of Libya letter 4/2016 regarding chamber of commerce certificate
Central bank of Libya letter 4/2016 regarding chamber of commerce certificate
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