Investment Procedures

The Approval of investment - Establishing Company or set up a branch -
Taking over the siteIssuing License

Required Documents & Procedures:

  1.  To get Approval of Investment in MFZ:

Required Documents Branch Established Free Zone Company
individuals Juridical individuals
1.

fill in form (1) sealed by mother company.

ü ü ü
2.

fill in the of health, safety and environment protection with which a study of the project environmental impacts is to be attached

ü ü ü
3. Short brief about the project or proposition activity ü ü ü
4.

A decision of the board of directors to open a branch co. at MFZ

ü û ü
5. declaring that the company guarantees all fiscal commitments ü û û
6.

Short brief about the mother co. activities and information about its branches abroad.

ü û ü
7.

The article of incorporation , the constitution and an abstract of the commercial register of the mother co.

ü û ü
8.

A statement of the fiscal situation of the mother co. during the last three years.

ü ü ü

v Documents from the No. (4) to No. (8) needs to be endorsed by Chamber of Commerce and the Libyan Embassy at country of the investor.

v
These documents are to be studied and reported to the Executive Committee to approve or not approve:
- A brief summary about the investor and the project as well.
- Reporting to the executive committee.. in case of approvals

 v After getting the approval:

- Finalize the measures for establishing the company or branch co.
- Issuing certificate of registration.
- Signing the real-estate lease contract.
- Taking over the site.
- Issuing license.

Note/ approvals are to be issued within 30 days as maximum.

  1. Establishing company or set up branch.

  2. Taking over the site.

  3. Obtain a license at MFZ.

Investment Fields and Procedures - Application Forms - Fees - Issued Approvals and Licenses

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