The required documents

The required documents for investment

  • Application for approval of construction of investment project (Form prepared by the Board).
  • Memo on the project including the following:
  • Capital value to be invested in Libya, and its nature, assessed by a transferable currency or its equivalent in Libyan currency on submission of the application.
  • Imported and local materials, if any, to be used for the project.
  • Technical specifications of the project (Technical designs and maps / plans).
  • Site documents: (Sketch, site photo / Google Earth, indicating the surrounding area, ownership certificate, lease contract).
  • Program or schedule specifying the project construction period.
  • Estimated national and foreign manpower for operation of the project.
  • Needs of the project for energy (Electricity, Gas and Water).
  • Legal agreement approved between the constituents, including authorization of a partner or their representatives for finalizing the procedures for approval of the project.
  • Deposit voucher in the Board account or certified cheque in the value of (LD 200) (Two hundred Libyan Dinars) against submission of application for construction of investment project.
  • Deposit voucher in the Board account or certified cheque in the value of (LD 300) (Three hundred Libyan Dinars) against submission of application for operation, management or development of investment project (in case of existent project).
  • Negative certificate for the project after obtaining approval.

Document of Foreign Partner

  • Certificate of the investorís nationality, to be issued by the competent body in his country with respect to the natural person.
  • Up-to-date official extract from the registration page in the Commercial Register in the original country of the artificial person.
  • Memorandum and Articles of Association of mother company (in case of joint investment + companyís branch).
  • Decision of Board of Directors of the Company for opening a branch for the company in Libya.
  • Consent of all partners on entry into the investment under Law No. (9).

Documents of national partner

  • Photocopy of Identity Card of the natural person.
  • Certificate of registration in the Commercial Register
  • Copy of Memorandum and Articles of Association of the Partnership or Company.
  • Consent of all partners on entry into the partnership with the foreign partner.?

Decuments of Foreign Investor :

  • Certificate indicating nationality of the investor, to be issued by the relevent body in the investor’s home country, with respect to the natural person.?
  • Up-to-date official extract from the Commercial Register in the original country of the artificial person.
  • Photocopy of the Identity Card and certifcate of birth.
  • Copy of Memorandum and Atricles or Association of the Company.
  • Certificate of registration in the Commercial Register
  • Approval of all partners for entring into a partnership with the foreign partner.

Remarks regarding the foreign partnerís documents

  • The documents shall be only accepted after approval and authentication thereof by the Fraternity or Libyan Arab Peopleís Bureau in the country, where the investor resides or the Main Office of the project exists abroad.
  • All documents submitted to the Bard shall be original and translated officially into Arabic Language.
  • All documents required shall be provided within a period not exceeding (60) sixty days from the date of submission of the application.