Procedure and fees required for investment
Supporting documents and application for establishing
a company at MFZ by one or more juridical individuals
1- Filling the application Form No.1 for establishing a company, duly signed by the investor(s).
2- Filling the HSE Form, providing project's environmental effects report .
3- Brief project description.
4- Board decision to setup a company at MFZ.
5- Parent company's profile.
6- The articles of incorporation and an abstract of the commercial register of the investor(s).*
7- A bank statement and recommendation.
Supporting documents and application for establishing
a company at MFZ by one or more individuals
1- Filling the application Form No.1 for establishing a company or a branch company, dully signed by the
investor(s).
2- Filling the HSE Form attached with the project's environmental effects report.
3- Brief project description.*
4- Bank statement and recommendation.
procedures for obtaining approval to setup a branch compant at MFZ
1- Filling the application Form No.1 for establishing a company or setting up a branch company dully signed by the investor(s).
2- Filling the HSE Form , providing project's environmental effects report.
3- A brief project description.
4- Company board decision to set up a company branch at MFZ, it's assurance to comply with all financial
obligations.
5- Parent company's profile.*
6- Memorandum and articles of association of the parent company.*
7- Bank statement and recommendation.
Procedures and fees required to obtain a business license at MFZ
1- Deposit the amount of ( $10,000) or the equivalent of (10%) of the gross capital , does not exceed
the amount of ($ 100,000).
2- Payment for company's registration certificate of ($3,500).
3- Open two local company bank accounts, domestic and foreign currency accounts.
4- Deposit of a company capital in foreign currency, no less than ($100,000) in the company bank account.
5- Assigning of company's representative, passport copy and attested signature required.*
6- Signing of the company's incorporation article Form .
7- Issuing and signing of land space lease contract.
8- Deposit the value amount of three months' rent as a rent guarantee.
9- Receiving of site and starting preparations according to the approved technical specification .
10- Payment for the annual rent value of ($8.00/m2) for the commercial and service activates, and ($6.00/m2) for
the industrial activity.
11- Payment for business startup license of ($2000.00), annually renewable fees of ($1000.00).
· Documents to be endorsed by the chamber of commerce and Libyan Embassy at the investor's
country.