Conditions for establishing a contracting company in Syria

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24 June

Conditions for establishing a contracting company in Syria

Conditions for establishing a contracting company in Syria

Contracting companies are among the most important economic entities in Syria, especially in light of the market's shift toward reconstruction and investment in infrastructure and real estate projects. If you are considering entering this sector, it is important to familiarize yourself with the legal and technical requirements for establishing a contracting company in Syria.

First: The Legal Form of the Contracting Company

A contracting company in Syria can be established under one of the following two legal forms:

Limited Liability Company (LLC)
Or a Partnership (General Partnership - Limited Partnership), but the safest and most common option is the Limited Liability Company.

Second: Basic Requirements for Establishing a Contracting Company

1. Determine the Legal Form and Number of Partners

A sole proprietorship or a company with several partners (from two to 50 partners).
Draft and properly organize the articles of association.
2. Capital

The minimum capital for a limited liability company is 50 million Syrian pounds.
This capital can be increased depending on the company's classification and the type of projects to be implemented.
3. Name the Company and Define the Purpose

Choose a unique and unused trade name.
Define "contracting business" as part of the company's primary purpose. 4. Legal Address

Provide a lease or title deed for an office from which the company operates.
5. Obtain Classification from the Contractors Syndicate

Obtaining a classification from the Syrian Construction Contractors Syndicate is required. This is an essential step that allows the company to implement government projects or bid on tenders.
Classification is determined based on the applicant's age and educational qualifications

Third: Documents required for membership in the Contractors Syndicate

A non-government employee document.
A non-conviction document.
An office lease contract, title deed, or flexible office.
Financial solvency (a bank statement of no less than one million Syrian pounds).
The applicant must be an engineer or have worked for a contractor for two years and hold a preparatory certificate.
Two personal photos.
A copy of the ID card.
Required membership fee (determined based on the applicant's age and educational qualifications).
Fourth: Documents required for establishment.

Fourth: Documents Required for Establishment

Bylaws signed by the partners.
Copy of personal IDs.
A clearance certificate from the Social Security Administration.
A lease or title deed for the company's headquarters.
A classification certificate (from the Contractors Syndicate).
A capital deposit document.
A non-conviction certificate for the authorized signatory.

Fifth: Steps for Establishing the Company

Prepare the bylaws and all other documents.
Reserve the trade name.
Deposit the capital in the bank.
Register the company with the Companies Directorate at the Ministry of Internal Trade.
Register employees with the Social Security Administration.
Submit a classification application to the Contractors Syndicate after obtaining the commercial register.

Sixth: Advantages of establishing a contracting company

The ability to participate in tenders and large projects.
Benefit from government and private investment opportunities.
Build a professional reputation in a vital and renewable sector.
The possibility of growth and expansion within the local and international markets.

Seventh: How can we help you at ScopeOut?

At ScopeOut, we offer you a comprehensive contracting company establishment package that includes:

The necessary legal consultations.
Preparing the articles of association and fully registering the company.
Coordination with the Contractors Syndicate for registration.
Support in organizing the company's administrative and technical structure.
Subsequent marketing assistance.

Start your company today with confidence and expertise.
Contact us now to book a free consultation.