How To Create LLC In Syria - Establishing a company in Syria

One of the most popular and commonly used business structures is the Limited Liability Company (LLC). You can create an LLC in Syria as a foreigner as long as the direct manager has Syrian citizenship. You can purchase real estate under the firm's name through the corporation. 50 million Syrian pounds, or around $3,500, are the minimal capital required. You can put down 40% of the capital at the time of establishment and finish paying it off within a year. You need to rent or buy a commercial property, or if your firm doesn't need a physical location—for instance, if it runs online—you may have a virtual property.

In general, the establishment expenses range from $4,500 to $5,000, which includes legal fees, fees, and premises. Of fact, you just need to spend one day in Syria to set up a bank agency to open an account for the management or legal representative of the firm. You may read news on the most recent state of security in the capital, and the situation is safe. It's critical to think about your golden opportunity to launch a business at a low cost before the economy improves and costs and expenditures rise.

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