How to Establish Companies in Syria and What Are the kinds

CHAPTER ONE: THE COMPANIES ESTABLISHED OUTSIDE THE SYRIAN ARAB REPUBLIC

Section One: About the companies established outside the Syrian Arab Republic

Article 1 – The companies included in this Law are the companies established outside the Syrian Arab Republic, of various kinds, whether they are associations of capitals, or companies of individuals, or cooperative or alike, which have a branch or an agency in Syria.

Chapter Two: The branches of the Companies that are established outside the Syrian Arab Republic

Article 2 – The companies stated in Article one are not permitted to establish a branch in Syria to be operated under its own commercial name and accounts, nor to commence the works of such a branch unless it is registered in special register kept by Ministry of Economy and Foreign Trade ( Companies Dept.).

As for the foreign governmental projects or the companies in which foreign government is partner or shareholder in that company, which desires to establish a branch in Syria or to commence its works in that branch, then it shall be registered at the Department stated above before it practices business. After presenting the documents stipulated for in this Law, it shall be granted a special license to be issued by the President of the Republic under a proposal by minister of economy and foreign trade. If the request for license is rejected, the company shall not take any further method of review.



 

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