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Preview & Print

Properties

Steps (28) arrow_drop_up arrow_drop_down
Prepare foreign partners documents  (2) expand_more expand_less
Obtain name clearance  (2) expand_more expand_less
Notarize company documents  (2) expand_more expand_less
Deposit capital  (2) expand_more expand_less
Pay capital tax  (1) expand_more expand_less
Obtain registration permission  (4) expand_more expand_less
Obtain company registration certificate  (5) 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

8
Obtain bank deposit letter
(last modified: 15/09/2021)

Contact details

Entity in charge

Any commercial bank

Expected results

Capital deposit letter- PS
Local partners deposit receipt - PS
Foreign partners capital transfer (SWIFT)

Cost

LYD expand_more expand_less
  • LYD Add Name Here

Cost detail

Estimate your cost

LYD 0 -
30 % capital amount
Minimum company capital required is one million LYD, each partner should deposit not less than 30% of his/her share in the capital, the total deposited amount should not be less 300000 LYD.
Company capital
Payment methods: cash, check, bank transfer

Legal justification

1.  Decision of the Minister of Economy No. 207 of year 2012 regrading foreign companies
Decision of the Minister of Economy No. 207 of year 2012 regrading foreign companies
Article 2
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