|
The Approval of
investment - Establishing Company or
set up a branch -
Taking over the site -
Issuing License
Required Documents & Procedures:
-
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.
-
Establishing
company or set up branch.
-
Taking over the site.
-
Obtain a license at MFZ.
Investment Fields and Procedures - Application Forms - Fees - Issued Approvals and
Licenses |