This step is optional Summary print

Preview & Print

Properties

Steps (31) arrow_drop_up arrow_drop_down
Prepare foreign partners documents  (2) expand_more expand_less
Obtain name clearance  (5) 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 company registration certificate  (9) 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

Get documents checked for application
(last modified: 26/05/2021)

Contact details

Entity in charge

Ministry of Economy and Trade

Alseraj, Tripoli
Tel: +218 21 363 1313
Email: info@economy.gov.ly
Website: www.economy.gov.ly
Directions: Google maps

Unit in charge

Foreign and partnership companies department

Mon: 08:00 - 14:00
Tue: 08:00 - 14:00
Wed: 08:00 - 14:00
Thu: 08:00 - 14:00
Fri: closed
Sat: closed
Sun: 08:00 - 14:00

Person in charge

Tariq Salim Banour

Responsible for partnership companies
Tel: +218 21 483 1731 - 21

Expected results

Document check notation

Requirements

1. 01 - Libre deuda de patente
Notarized application letter for companies department (original)
Partnership company documents
1. 01 - Libre deuda de patente
Notarized partnership company MoM - PS (3 original )
2. 01 - Libre deuda de patente
Notarized articles of association - PS (3 original )
3. 01 - Libre deuda de patente
Notarized memorandum of association - Tax certified (3 original )
4. 01 - Libre deuda de patente
Capital deposit letter- PS (original)
5. 01 - Libre deuda de patente
Local partners deposit receipt - PS (original)
6. 01 - Libre deuda de patente
Foreign partners capital transfer (SWIFT) (original)
7. 01 - Libre deuda de patente
Name clearance certificate - PS (original)
Libyan company documents
1. 01 - Libre deuda de patente
Company decision MoM - LY - PS (original)
2. 01 - Libre deuda de patente
Articles of association LY-PS (original)
3. 01 - Libre deuda de patente
Memorandum of association LY - PS (original)
4. 01 - Libre deuda de patente
Company registration certificate (original)
5. 01 - Libre deuda de patente
Commercial license certificate - LY (original)
6. 01 - Libre deuda de patente
ID or Passport copy for existing company shareholders (Simple copy)
Foreign company documents
1. 01 - Libre deuda de patente
Company decision MoM F-PS - Certified (original)
2. 01 - Libre deuda de patente
Company decision MoM - F- PS- Translated (original)
3. 01 - Libre deuda de patente
Memorandum and article of association - Foreign - Certified (original)
4. 01 - Libre deuda de patente
Memorandum and article - Foreign - Translated (original)
5. 01 - Libre deuda de patente
Company registration certificate - Foreign - Certified (original)
6. 01 - Libre deuda de patente
Company registration certificate - Foreign - Translated (original)
Individual shareholders
1. 01 - Libre deuda de patente
ID or Passport copy (Simple copy)
ID or Passport copy for Libyan individuals and/or passport copy for foreign individuals
2. 01 - Libre deuda de patente
Clear criminal record certificate - foreign individuals (original)
Monitoring committee
1. 01 - Libre deuda de patente
ID or Passport copy (Simple copy)
For the head and the members of the monitoring committee
2. 01 - Libre deuda de patente
University certificate (in accounting and law) (original)
Company monitoring committee should consist of lawyers and accountants.

Time frame

Waiting time in queue: Min.   5mn - Max.  10mn
Attention at counter: Min.   5mn - Max.   10mn

Legal justification

1.  Decision of the Minister of Economy No. 207 of 2012
Decision of the Minister of Economy No. 207 of 2012
2. Commercial Law No. 23 of 2010
Commercial Law No. 23 of 2010

Additional information

This step is not mandatory and is made to verify and check the documents by the responsible person avoiding any delay and time waste if the file is incomplete.

Recourse: Ministry of Economy and Trade

Entity in charge

Ministry of Economy and Trade

Alseraj, Tripoli
Tel: +218 21 363 1313
Email: info@economy.gov.ly
Website: www.economy.gov.ly
Directions: Google maps

Unit in charge

Foreign and partnership companies department

Mon: 08:00 - 14:00
Tue: 08:00 - 14:00
Wed: 08:00 - 14:00
Thu: 08:00 - 14:00
Fri: closed
Sat: closed
Sun: 08:00 - 14:00

Person in charge

Abdul Hakim Abu Jbaiha

Head of foreign and partnership companies department
Powered by eRegulations ©, a content management system developed by UNCTAD's Business Facilitation Program and licensed under Creative Commons License