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Steps to Form a LLC Company

Steps to Form a LLC Company

2024-05-01M. 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:

  1. Ministry of Internal Trade: Main company registration
  2. Tax Authority: Obtain tax identification number
  3. Social Security Institution: Register employees
  4. 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.