Steps to Form a LLC Company
2024-05-01•M. Anas Kousa
Complete Guide to Forming an LLC in Syria
Establishing a Limited Liability Company in Syria requires following specific and precise legal steps. This guide will help you understand the process fully.
Step One: Preparation and Planning
Before starting with formal procedures, you need to:
- Determine the names of founders and partners
- Choose a suitable company name
- Define capital and share distribution
- Prepare the necessary documents
Step Two: Drafting the Articles of Association
The Articles of Association is the fundamental document governing company management. It must include:
- Names of founders and partners
- Primary business activities
- Capital and share distribution
- Rights and obligations of partners
- Management procedures and decision-making
Step Three: Government Registration
The company must be registered with:
- Ministry of Internal Trade: Main company registration
- Tax Authority: Obtain tax identification number
- Social Security Institution: Register employees
- Chamber of Commerce: Register with them
Step Four: Opening a Bank Account
After registration, open a company bank account to deposit the capital.
Our Advice: Consult with a specialized attorney to avoid any errors that could delay the process or cause legal issues later.