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Steps (13) arrow_drop_up arrow_drop_down
Prepare company documents  (2) expand_more expand_less
Obtain board registration permission  (3) expand_more expand_less
Pay capital and registration fees  (2) expand_more expand_less
Apply for project registration  (2) expand_more expand_less
Obtain license of investment project  (4) expand_more expand_less

4
Request project approval
(last modified: 22/06/2021)

Timeframe ( ver detalles )

Espera hasta paso siguiente

10 mn  -  20 mn
40 days  -  50 days

Contact details

Entity in charge

Privatization and Investment Board

Zaweit Eddahmany St – near Ali Sayala School, Tripoli
Tel: +218213408869
Email: Info@investinlibya.ly
Website: https://investinlibya.ly/
Directions: Google maps

Unit in charge

Investors services unit

Mon: 09:00 - 14:00
Tue: 09:00 - 14:00
Wed: 09:00 - 14:00
Thu: 09:00 - 14:00
Fri: closed
Sat: closed
Sun: 09:00 - 14:00

Person in charge

Rashid Bashir Bdawa

Head of investors services unit
Tel: +218213408869

Expected results

Document reception receipt
Payment receipt - PIB

Requirements

1. Establishing investment project application form
Establishing investment project application form (original)
2. 01 - Libre deuda de patente
Application letter (original)
3. 01 - Libre deuda de patente
Name clearance letter (original)
4. 01 - Libre deuda de patente
Company decision MoM PIB - Certified (original)
5. 01 - Libre deuda de patente
Company decision MoM PIB - Translated (original)
6. 01 - Libre deuda de patente
Memorandum and article of association - Foreign - Certified (original)
7. 01 - Libre deuda de patente
Memorandum and article - Foreign - Translated (original)
8. 01 - Libre deuda de patente
Company registration certificate - Foreign - Certified (original)
9. 01 - Libre deuda de patente
Company registration certificate - Foreign - Translated (original)
10. 01 - Libre deuda de patente
Project Memorandum (original)
11. 01 - Libre deuda de patente
Project Memorandum - Translated (original)
12.
HR replacment timetable (original)
Timetable of replacement of foreign human resources by the Libyan human resources
13. 01 - Libre deuda de patente
Bank deposit slip (original)
14. 01 - Libre deuda de patente
ID or Passport copy (original)
ID or passport copy of the branch manager
In case of representative
1. 01 - Libre deuda de patente
ID or Passport copy (original)
ID or passport copy of the company representative

Time frame

Waiting time in queue: Min.   5mn - Max.  10mn
Attention at counter: Min.   5mn - Max.   10mn
Waiting time until next step: Min.   40 days - Max.   50 days

Legal justification

1. Law No. 9, 2010 (1378 p.d.) on Investment Promotion (A)
Law No. 9, 2010 (1378 p.d.) on Investment Promotion (A)
2. Law No. 9, 2010 (1378 p.d.) on Investment Promotion (E)
Law No. 9, 2010 (1378 p.d.) on Investment Promotion (E)
3. Decision (499) of year 2010 for the executive regulation law No (9)
Decision (499) of year 2010 for the executive regulation law No (9)
articles 10, 11, 12, 13, 15

Additional information

  • The name clearance application letter should include three proposed names for the project under approval, the board will check by order the availability of each name and will approve the first name available in the investment registry
  • The application letter should include the name of the company branch manager, nationality and contact information, in addition the name and contact information of the authorized company representative should be included
  • The investors services unit will contact the investor about the status of the application starting form the initial approval of the board until the minister decision is issued, in the other hand the applicant can verify the status of the application by contacting or visiting the investors unit at the privatization and investment board.

Recourse: Privatization and Investment Board

Entity in charge

Privatization and Investment Board

Zaweit Eddahmany St – near Ali Sayala School, Tripoli
Tel: +218213408869
Email: Info@investinlibya.ly
Website: https://investinlibya.ly/
Directions: Google maps

Unit in charge

Investment department

Mon: 09:00 - 14:00
Tue: 09:00 - 14:00
Wed: 09:00 - 14:00
Thu: 09:00 - 14:00
Fri: closed
Sat: closed
Sun: 09:00 - 14:00

Person in charge

Hashim Mohammed Zwai

Head of investment department
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