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Include certification

Preview & Print

Properties

Print the full procedure

Print selected step:

Include recourse information

Include certification

Steps (25)

Prepare company documents (2)

1 Get documents certified through a Libyan embassy

2 Translate documents into Arabic

Obtain board registration permission (3)

3 Pay application fee

4 Request project approval

5 Receive permission decision

Pay capital and registration fees (2)

6 Open bank account and deposit capital

7 Obtain capital deposit letter and fee Checks

Apply for project registration (2)

8 Request project registration

9 Receive investment registry certificate

Obtain license of investment project (4)

10 Pay license fee

11 Request investment project license

12 Receive field visit (follow up team)

13 Obtain license of investment project

Obtain company registration certificate (5)

14 Pay capital fees

15 Request company registration

16 Check approval

17 Pay fees for registration

18 Obtain company registration certificate

Obtain tax number (3)

19 Request tax number

20 Get approval

21 Obtain tax number

★ Register at the investment board tax office Optional

Obtain chamber of commerce registration (3)

22 Request chamber of commerce registration

23 Pay fees

24 Obtain chamber of commerce registration

Receive relevant authorities registration documents (1)

25 Obtain relevant authorities certificates

Summary of the procedure

Institutions involved 8

Any Libyan embassy

Any official translation office

BCD bank branch or agency

Privatization and Investment Board (x 8)

4 5 8 9 11 12 13 25

Any commercial bank (x 3)

6 7 10

General commercial registry (x 5)

14 15 16 17 18

Tax Authority / Large taxpayers office (x 3)

19 20 21

Chamber of Commerce and Industry (x 3)

22 23 24

Results 3

Investment project license - PIB

Company registration certificate

Tax registration number

Required Documents

Company decision MoM PIB

Memorandum and articles of association - Foreign

Company registration certificate - Foreign

Project Memorandum

Company registration certificate - Foreign - Certified (x 3)

2 4 6

Company decision- MoM - Foreign - Certified (x 2)

2 4

Memorandum and article of association - Foreign - Certified (x 3)

2 4 6

Project Memorandum - Certified (x 2)

2 4

Establishing investment project application form

Application letter

Name clearance letter

Company decision- MoM - Translated (x 2)

4 19

Memorandum and article - Foreign - Translated (x 4)

4 6 19 22

Company registration certificate - Foreign - Translated (x 2)

4 6

Project Memorandum - Translated

Bank deposit slip

ID or Passport copy (x 2)

4 4

Account opening application form - Foreign

Company declaration for not maintaining any other bank account

Minster of economy decision cover letter

Minister of economy decision authorizing investment project (x 2)

6 22

Company decision MoM PIB - Certified

Company decision MoM PIB - Translated (x 2)

6 22

Authorized signatories ID or passport - Foreign

Investment registry application form

Signature form

Capital deposit letter - PIB

Check of investment registry fees - PIB

Check of advertising fees - PIB

Letter requesting license - PIB

Project technical report and timetable

Check of license fees

Capital deposit confirmation letter (x 2)

14 15

Deposit slip (x 2)

14 15

Name clearance certificate

Memorandum of association (x 2)

14 15

Minutes of meeting (x 2)

14 15

Articles of association (x 2)

14 15

National ID or Passport (x 2)

14 15

List of contents issued by notary

Name clearance certificate

Company registration fees invoice

Company registry fees receipt

Application form - Tax

Commitment form-Tax

Branch registry certificate - Foreign (x 2)

19 22

Minister of economy decision authorizing branch registration

Lease contract or property certificate

Chamber of commerce registration certificate - Foreign

Representation letter

Stamped commitment form - Tax

Approved commitment form - Tax

Application form - Chamber of Commerce

Investment registry certificate - PIB

Receipt of the registration fees

Estimated cost LYD 6,356

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 750 No refundable application fee
- LYD 0 - 10 % capital amount 10% of the total project capital	0 Capital amount no less than 5000000 LYD
- LYD 0 - 0.1 % Total costs 0.1 % of the project total investment costs	0 Total investment costs cash or in kind contribution
LYD 700 500 LYD for the registration plus 200 LYD for the investment registration certificate
LYD 3,000
- LYD 0 - 0.5 % capital amount 0.5% of the total capital	0 Capital amount
- LYD 0 - 0.0025 % capital amount 0.0025% processing fees	0 Capital amount
LYD 206
LYD 1,700 Non oil company

Total Duration 64d - 66d

	Min.	Max.
Total time (sum):	64d	66d
of which:
Waiting time in queue (sum):	2h. 35mn	6h. 5mn
Attention at counter:	7h. 15mn	4h. 50mn
Waiting time until next step (sum):	62d	64d