Useful legal information for those planning to do business with the Country

Disclaimer

This website aims to provide useful legal information for those individuals or legal entities wishing to initiate any kind of relationship with Syria - focusing on certain aspects related to international law and domestic commercial law. This website is not intended to describe in an exhaustive manner international law or domestic commercial law, but simply to place attention on the most practical and interesting aspects for those natural or legal persons wishing to enter into business relations with the country. This website has no political content: it is free and open to all individuals who wish to make a contribution in the field of civil, commercial and administrative law. For any information, clarification or suggestion, you can contact us at: mail@decapoa.com

Syria represents – due to its geographical location - an important trade hub linking the Middle East with Europe and Asia and is characterized by an economy historically based on the exploitation of natural resources such as oil and gas, as well as’agriculture, aimed mainly at the production of wheat, cotton, fruits and coffeeè.

Italy is Syria's 14th largest export destination market, with a market share of 1.4 percent in recent years. On the other hand, Italy is the country's 18th largest supplier: the main Italian exported products consist of special and general purpose machinery, basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms, iron and steel products, and medical and dental instruments and supplies.

Since 2023, Syria è has once again become a member of the Arab League, an international political organization that brings together most of the states in North Africa and the Arabian Peninsula, with the main objective of coordinating foreign policy and promoting cultural cooperation among member countries. In addition, Syria è a member of the United Nations.

Studio Legale de Capoa, thanks to its more than 30 years of experience in the field of international law as well as its close working relationships with qualified local professionals and native-speaking in-house associates, can offer interested entrepreneurs quick, efficient advice that is fully aware of the complexity of the Syrian legal-economic reality.

No foreign legal entity may conduct business - for profit or non-profit - in Syria, as well as establish a branch or office, unless it is registered. Under these terms, foreign companies can apply for registration of their own branch, temporary office, representative office or a regional office in the territory.

The application for registration must be submitted to the Ministry of’Economy and Trade, indicating the following information:

  • The name and registered office.
  • The nationality and place of establishment.
  • The legal form.
  • The type of registration to be acquired.
  • The definition of the objectives you intend to achieve in Syria.
  • The registered capital if it is a commercial company or entity, excluding nonprofit organizations and corporations.
  • The location of the branch or office or temporary office chosen.
  • The generalities of partners of partnerships or members of the board of directors of corporations.
  • The generalities; of the Director General, his nationality; and elected domicile in Syria.
  • The generalitiesà of the person in charge of following the registration procedures at the Ministry Directorate.
  • The electronic address of the foreign legal person.
  • The generalities of the auditor of the foreign legal person.
  • The generalities of the inspector of accounts in Syria.

The application for registration must necessarily be signed before the official responsible for registration or before a notary.

The application for registration must also be accompanied by alucni documents issued by the authorities of the country where è the foreign legal entity is registered, among which are: The articles of incorporation and bylaws; The decision to carry out the registration by the competent body; The act of appointment of the Director General; The document proving that the paid-up capital is not less than fifty million Syrian Pounds or its equivalent in other currencies, with the exclusion of this requirement for non-profit organizations; The financial statements for the last financial year certified by a statutory auditor.

These documents must also be notarized by the Syrian Embassy and the Ministry of Foreign Affairs in Syria, as well as translated into Arabic by a translator by asseveration.

According to section number three of the Commercial Code (Law No. 34 of 2008), the definition of Commercial Agency resides in a contract entered into between a principal company and a natural/legal person duly registered in Syria, by which, the former authorizes the latter to act as its agent: to distribute - for a fee - its products, or to sell products imported by the principal, either on behalf of the latter or on its own behalf. The agency contract is deemed to be concluded for the mutual benefit of the contracting parties. The application for registration of the agency contract must be submitted to the registry office within sixty days from the date of the contract using the form approved by the Ministry, under penalty of a fine and nullity of the contract, according to section four of the Code.

It is not allowed to engage in the business of agency or brokerage if the agent is not previously registered in the register of agents and brokers of the Ministry of Economy and Trade. The agent or broker must be a Syrian Arab natural person, resident in the territory of the Arab Republic of Syria, or a company established and represented by a natural person in Syria.

The law does not define the different types of commercial agency contracts that can be externalized in Syria, but provides for certain types of related commercial agreements, such as the commercial brokerage agreement and mediation, also outlining a draft of the distribution contract through the same agency contract.

Agents who cease to engage in agency activities, or whose agency contract terminates, are required to notify the Registrar within a period not exceeding thirty days from the date of termination of agency activities or from the date of expiration of the agency contract, requesting the deletion of the registration from the agency registers, subject to payment of the deletion fee.

Activities in the Country

  • Corporation of companies, branches and corporate joint ventures
  • Contract tenders
  • Manufacturing relocations
  • M&A and due diligence
  • Business missions and negotiations
  • Contracts in accordance with local national and international regulations
  • Protection and protection of intellectual and industrial property
  • Technical regulations
  • Judicial and extrajudicial assistance
  • Judicial and extrajudicial assistance in private international law
  • Succession and family law
  • Credit recovery 

Disclaimer

This website and the information it contains has been developed and provided by Studio Legale de Capoa for informational purposes only. This website is not intended to be, and is not a substitute for, legal advice. Do not use any information contained in these pages as a source of legal advice. This website contains direct links to sites that have not been prepared by Studio Legale de Capoa. These links are offered as a courtesy. The de Capoa Law Firm has no relationship with them, and their mention does not imply validation or approval. Studio Legale de Capoa is not responsible for the contents of all linked sites or any links contained in the linked sites. This website is not for advertising purposes. The de Capoa Law Firm does not intend to represent anyone seeking representation based on the review of this website anywhere where it does not comply with all laws and ethical rules. No attorney-client relationship is established between users of the website and the de Capoa Law Firm.

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