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Properties

Steps (23) 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

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Summary of the procedure

Institutions involved 7 expand_more expand_less

Notaries offices (x 3)
General commercial registry (x 9)
Any commercial bank
Chamber of Commerce and Industry (x 3)
Seals industry shops
Tax Authority (x 3)
Commercial licensing offices (x 3)

Results 3 expand_more expand_less

Commercial registration certificate
Registration certificate-Chamber of commerce
Commercial license

Required Documents expand_more expand_less

Application form (x 2)
Application form 2
Trade name reservation letter
National number certificate (x 2)
National ID or Passport (x 8)
Documents receipt (x 2)
Fees receipt
Letter of opening a commercial account
Capital deposit confirmation letter (x 2)
Deposit slip (x 2)
Memorandum of association (x 5)
Minutes of meeting (x 5)
Articles of association (x 5)
Name clearance certificate
List of contents issued by notary
Name clearance certificate
Company registration fees invoice
Company registry fees receipt
Application form - Chamber of Commerce
Commercial registration certificate (x 4)
Receipt of the registration fees
Application form - Tax
Commitment form-Tax
Stamped commitment form
Approved document
Real estate lease or ownership contract
Sketch drawing
Tax registration number
Registration certificate-Chamber of commerce
Fees receipt

Estimated cost LYD  7,011.5

expand_more expand_less

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 30
The cost varies from one notary to another, usually it is not more than LYD 30
LYD 50.5
LYD 1,600
Average cost. Usually the cost varies from one notary to another.
LYD 0 -
0.005 % capital amount
LYD 206
LYD 250
Oil services companies. Fuel and oils distribution with a capital of 100.000 dinars and less
LYD 1,150
Oil services companies, oil equipment import and wells drilling
LYD 400
Oil services companies. Fuel and oils distribution with a capital of more than 100.000 dinars
LYD 375
Capital companies, partnerships and limited liability companies with a capital of 100.000 to 300.000 dinars
LYD 500
Capital companies, partnerships and limited liability companies with a capital of more than 300.000 dinars.
LYD 850
Capital companies, partnerships and limited liability companies with a capital of 1.000.000 dinars and more.
LYD 1,150
Insurance companies, banks and exchange services.
LYD 50
LYD 100
A limited liability company
LYD 300
A Joint stock company

Total Duration 9d - 13d  expand_more expand_less

  Min. Max.
Total time (sum): 9d 13d
of which:
Waiting time in queue (sum): 2h. 35mn 6h. 5mn
Attention at counter: 7h. 5mn 4h. 35mn
Waiting time until next step (sum): 7d 11d

Laws 7 expand_more expand_less

Commercial Law No. 23 of 2010 Commercial Law No. 23 of 2010
  articles 14, 24, 101, 271, 272, 273, 274, 275, 276, 485, 491
council of ministers Decision No. 729 of 2007 regarding commercial license fees Council of ministers Decision No. 729 of 2007 regarding commercial license fees
Council of ministers Resolution No. 187 of 2012 Council of ministers Resolution No. 187 of 2012
  articles 2, 7, 9, 12
Decision of the Minister of Economy No. 406 of 2019 Decision of the Minister of Economy No. 406 of 2019
Minister of Economy Decree No. 644 of 2010 regarding the issuance of commercial licenses Minister of Economy Decree No. 644 of 2010 regarding the issuance of commercial licenses
  articles 1, 2, 3, 6, 14
The executive regulations of Law No. 7 of 2010 regarding income taxes. The executive regulations of Law No. 7 of 2010 regarding income taxes.
  articles 2, (5)
The executive regulations of the chambers of commerce The executive regulations of the chambers of commerce
  Article 6
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