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Preview & Print

Properties

Print the full procedure

Print selected step:

Include recourse information

Include certification

Steps (24)

Prepare registration documents (4)

1 Get documents certified through a Libyan embassy

2 Translate documents into Arabic

3 Open local bank account

4 Obtain bank deposit letter

Obtain registration certificate (10)

★ Get documents checked for application Optional

5 Request company registration initial approval

6 Receive permission fee bill

7 Get fee Check from bank

8 Pay permission fee

9 Get registartion permission

10 Apply for branch registration

11 Notarize the specimen signature form

12 Pay registration fee

13 Request branch registry certificate

14 Obtain branch registry certificate

Obtain chamber of commerce registration (3)

15 Request chamber of commerce registration

16 Pay fees

17 Obtain chamber of commerce registration

Obtain tax number (3)

18 Request tax number

19 Get approval

20 Obtain tax number

Obtain commercial license (3)

21 Request commercial license

22 Pay fees

23 Obtain commercial license

Activate company bank account (1)

24 Activate company bank account

Summary of the procedure

Institutions involved 7

Any Libyan embassy

Any official translation office

Any commercial bank (x 4)

3 4 7 24

Ministry of economy and trade (x 11)

5 6 8 9 10 12 13 14 21 22 23

Notaries offices

Chamber of commerce and industry (x 3)

15 16 17

Tripoli tax administration (x 3)

18 19 20

Results 4

Branch registry certificate - Foreign

Chamber of commerce registration certificate - Foreign

Tax registration number

Commercial license certificate - Foreign

Required Documents

Memorandum and articles of association - Foreign

Company decision MoM - Foreign

Company registration certificate - Foreign

Proof of experience - Foreign

Company budget - Foreign

Company decision- MoM - Foreign - Certified (x 4)

2 3 5 10

Memorandum and article of association - Foreign - Certified (x 4)

2 3 5 10

Company registration certificate - Foreign - Certified (x 4)

2 3 5 10

Proof of experience - Foreign - Certified (x 2)

2 5

Company Budget - Certified - Foreign (x 2)

2 5

Account opening application form - Foreign

Company declaration for not maintaining any other bank account

Company decision- MoM - Translated (x 5)

3 5 10 15 18

Memorandum and article - Foreign - Translated (x 5)

3 5 10 15 18

Company registration certificate - Foreign - Translated (x 3)

3 5 10

Authorized signatories ID or passport - Foreign

Application letter - Checked - Foreign

Company Budget - Foreign - Translated

Proof of experience - Foreign - Translated

Bank deposit letter - Foreign (x 2)

5 10

Fee letter - bank - Foreign

Permission fee bill - Foreign

Payment check - Foreign

Permission payment receipt - Foreign

Minister of economy decision authorizing branch registration (x 4)

10 15 18 24

Passport copy of branch manager - Foreign

Passport copy of branch deputy manager - Foreign

Specimen signature form - Foreign

Registration fee bill - Foreign

Registration fee receipt - Foreign

Certified specimen signature form - Foreign

Application form - Chamber of Commerce

Branch registry certificate - Foreign (x 4)

15 18 21 24

Receipt of the registration fees

Application form - Tax

Commitment form-Tax

Lease contract or property certificate (x 2)

18 21

Chamber of commerce registration certificate - Foreign (x 3)

18 21 24

Representation letter

Stamped commitment form - Tax

Approved commitment form - Tax

License application form- Foreign

Tax registration certificate (x 2)

21 24

Sketch drawing

License fee bill - Foreign

Commercial license payment receipt

Commercial license certificate - Foreign

Estimated cost LYD 251,846.5

LYD

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 0 - LYD 15 per page Average cost 15 LYD / Page	0 No of Pages
LYD 250,000 Minimum capital deposit required 250000 LYD
- LYD 0 - LYD 20,100 per year	0 No of authorized years
LYD 30 The cost varies from one notary to another, usually it is not more than LYD 30
LYD 116.5
- LYD 0 - LYD 5 per copy of certificate	0 No of extra copies of certificate
LYD 1,700 Non oil company branch
- LYD 0 - LYD 502.5 per year 500 LYD plus 2.5 stamp per each authorized year for the company to operate in Libya	0 No of license years

Total Duration 31d - 79d

	Min.	Max.
Total time (sum):	31d	79d
of which:
Waiting time in queue (sum):	2h. 25mn	4h. 30mn
Attention at counter:	2h. 35mn	4h. 40mn
Waiting time until next step (sum):	30d	77d