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Summary of the procedure

Institutions involved 6 expand_more expand_less

Any Libyan embassy
Any official translation office
Notaries offices (x 3)
General commercial registry (x 4)
Any commercial bank
Ministry of Economy (x 3)

Results 0 expand_more expand_less

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Required Documents expand_more expand_less

Company decision MoM F-PS (x 3)
Memorandum and articles of association - Foreign (x 3)
Commercial registry certificate - Foreign (x 3)
ID or Passport copy for each shareholder (x 4)
Clear criminal record certificate -F (x 2)
Company decision MoM F-Stamp-PS
Memorandum and article of association - Foreign - Certified (x 3)
Commercial registry certificate - Foreign - Certified (x 3)
Application form
Notarized name clearance form
Application form 2
Trade name reservation letter
National ID or Passport
Documents receipt
Name clearance bill- PS
Name clearance fee receipt - PS
Articles of association LY-PS (x 3)
Memorandum of association LY - PS (x 3)
Company decision MoM - LY - PS
Commercial registration certificate (x 3)
Commercial license certificate - LY (x 3)
ID or Passport copy for existing company shareholders
Company decision MoM - F-Translated - PS
Memorandum and article - Foreign - Translated (x 3)
Commercial registry certificate - Foreign - Translated (x 3)
ID or Passport copy for partnership company board observers (x 3)
University certificate for partnership company board observers (x 3)
Letter for opening bank account - PS
Partnership company MoM - PS (x 3)
Memorandum of association - PS (x 3)
Articles of association - PS (x 3)
Company declaration for not maintaining any other bank account
Account opening application form - PS
Authorized signatories (ID, passport) - PS
Authorized signatories photos
Application letter for companies department (x 2)
Bank deposit letter - PS (x 2)
Name clearance certificate - PS (x 2)
Clear criminal record certificate (x 2)

Estimated cost LYD  95.5

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LYD expand_more expand_less
  • 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 15
Average cost 15 LYD / page
LYD 30
The cost varies from one notary to another, usually it is not more than LYD 30
LYD 50.5
LYD 0
Average cost. Usually the cost varies from one notary to another.
LYD 0 -
30 % capital amount
Each partner should deposit not less than 30% of his share in the capital, however the total deposited amount should not be less than 1 One millions LYD
Company capital

Total Duration 19d - 65d  expand_more expand_less

  Min. Max.
Total time (sum): 19d 65d
of which:
Waiting time in queue (sum): 45mn 1h. 25mn
Attention at counter: 30mn 1h. 5mn
Waiting time until next step (sum): 18d 64d

Laws 4 expand_more expand_less

 Decision of the Minister of Economy No. 207 of 2012 Decision of the Minister of Economy No. 207 of 2012
  articles 2, 8, 16, 17
Chamber of commerce letter 4/2016 Central bank of Libya letter 4/2016 CoC
Commercial Law No. 23 of 2010 Commercial Law No. 23 of 2010
  articles 14, 101, 104, 271, 272, 273, 274, 275, 276, 375
Council of ministers Resolution No. 187 of 2012 Council of ministers Resolution No. 187 of 2012
  Article 9
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