Syrian Arab Republic | |
|---|---|
| Anthem: فِي سَبِيلِ المَجد Fī Sabīli al-Majd "In Pursuit of Glory" (de facto) حُمَاةَ الدَّيَّارِ Ḥumāt ad-Diyār "Guardians of the Homeland" (de jure) | |
_-_SYR_-_UNOCHA.svg) | |
| Capital and largest city | Damascus 33°30′N 36°18′E / 33.500°N 36.300°E |
| Official languages | Arabic |
| Ethnic groups (2021) | 80–90% Arabs 9–10% Kurds 1–10% others |
| Religion (2024) | |
| Demonym(s) | Syrian |
| Government | Unitary presidential republic under a provisional government |
| Ahmed al-Sharaa | |
| Legislature | People's Assembly |
| Establishment | |
| 8 March 1920 | |
State of Syria under French mandate | 1 December 1924 |
| 14 May 1930 | |
End of the French mandate | 17 April 1946 |
Part of the United Arab Republic | 22 February 1958 – 28 September 1961 |
| 8 March 1963 | |
| 8 December 2024 | |
Current Interim Constitution | 13 March 2025 |
Current provisional government established | 29 March 2025 |
| Area | |
Total | 185,180 km2 (71,500 sq mi) (87th) |
Water (%) | 1.1 |
| Population | |
2025 estimate |  25,255,139 (57th) |
Density | 118.3/km2 (306.4/sq mi) (70th) |
| GDP (PPP) | 2021 estimate |
Total | $50.28 billion |
Per capita | $3,300 |
| GDP (nominal) | 2022 estimate |
Total | $9.8 billion |
Per capita | $800 |
| Gini (2022) |  26.6low inequality |
| HDI (2023) |  0.564medium (162nd) |
| Currency | Syrian pound (SYP) |
| Time zone | UTC+3 (AST) |
| Calling code | +963 |
| ISO 3166 code | SY |
| Internet TLD | .sy سوريا. |
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Starting a business in Syria can be an exciting and potentially lucrative endeavor, but the registration process can be daunting. The Syrian government has implemented a number of regulations and procedures that must be followed in order to establish a legally recognized business. In this article, we will guide you through the process of registering a business in Syria.
Table of Contents
Step 1: Choose a Legal Structure
The first step in registering a business in Syria is to choose a legal structure. There are several types of legal structures available to entrepreneurs in Syria, including:
Sole Proprietorship: A business owned and operated by a single individual.
Partnership: A business owned and operated by two or more individuals.
Limited Liability Company (LLC): A type of business structure that provides limited liability protection to its owners.
Joint-Stock Company (JSC): A type of business structure that allows for the sale of shares to the public.
It’s important to carefully consider the pros and cons of each legal structure before making a decision. Consulting with a local lawyer or business consultant can be helpful in making the right choice.
Step 2: Choose a Business Name
Once you’ve chosen a legal structure for your business, the next step is to choose a name. Syrian law requires that all businesses have a unique name that is not already in use. It’s important to conduct a thorough search of the Syrian Company Registrar to ensure that your chosen name is available.
Step 3: Obtain a Business License
In Syria, all businesses are required to obtain a business license from the Ministry of Economy and Foreign Trade. The license must be obtained before the business can legally operate in the country. The application process for a business license can be time-consuming, and it’s recommended that you seek the assistance of a local lawyer or business consultant to ensure that all requirements are met.
Step 4: Register with the Chamber of Commerce
All businesses in Syria must register with the local Chamber of Commerce. The registration process involves submitting the business license, articles of association, and other required documents. The Chamber of Commerce will issue a registration certificate once all requirements have been met.
Step 5: Register with the Tax Authority
All businesses in Syria are required to register with the Tax Authority. This involves submitting an application and providing the necessary documentation, including the business license and registration certificate from the Chamber of Commerce. Once the registration is complete, the business will be issued a tax identification number.
Step 6: Register with the Social Insurance Institution
All businesses in Syria are required to register with the Social Insurance Institution. This involves submitting an application and providing the necessary documentation, including the business license, registration certificate from the Chamber of Commerce, and tax identification number. Once the registration is complete, the business will be issued a social insurance number.
Step 7: Open a Bank Account
Once all of the above steps are complete, the final step in registering a business in Syria is to open a bank account. This is necessary for conducting financial transactions and paying taxes. It’s recommended that you choose a local bank that is familiar with the Syrian business environment.
Generis Global Can Help
Navigating the legal requirements of starting a business in Syria can be challenging. Generis Global is a firm that specializes in helping businesses with their legal needs in the country. Our team of experienced lawyers and business consultants can assist you with all aspects of the registration process, from choosing a legal structure to opening a bank account. Contact us today to learn more about how we can help you with your business journey in Syria.
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