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Steps (28) arrow_drop_up arrow_drop_down
Obtain name clearance  (5) expand_more expand_less
Prepare company documents  (3) expand_more expand_less
Obtain company registration certificate  (5) expand_more expand_less
Obtain chamber of commerce registration certificate  (3) expand_more expand_less
Obtain company seal  (1) expand_more expand_less
Obtain tax number  (3) expand_more expand_less
Obtain commercial license  (3) expand_more expand_less
Obtain company registration certificate  (5) expand_more expand_less

8
Open bank account and deposit company capital
(last modified: 27/05/2021)

Contact details

Entity in charge

Any commercial bank

Unit in charge

Current accounts department

Mon: 09:00 - 13:00
Tue: 09:00 - 13:00
Wed: 09:00 - 13:00
Thu: 09:00 - 13:00
Fri: closed
Sat: closed
Sun: 09:00 - 13:30

Expected results

Capital deposit confirmation letter
Deposit slip

Requirements

1. 01 - Libre deuda de patente
Letter of opening a commercial account (original)
2. 01 - Libre deuda de patente
National ID or Passport (Simple copy)

Cost LYD 3,000

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

Minimum for limited liability company
LYD 3,000
If capital is less than 100,000 full amount should be deposited
LYD 0 -
30 % capital amount
If capital is more than 100000
Capital amount
Minimum for joint stock company
LYD 0 -
30 % capital amount
Min capital 100,000, 30% of the capital should be deposited
Capital amount
Payment methods: cash, check

Time frame

Waiting time in queue: Min.   15mn - Max.  25mn
Attention at counter: Min.   5mn - Max.   10mn

Legal justification

1. Commercial Law No. 23 of 2010
Commercial Law No. 23 of 2010
articles 101, 275
2. Council of ministers decision (186) of year 2012 - JSC
Council of ministers decision (186) of year 2012 - JSC
Article 1
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