Rising daily company registration in Syria
The Syrian Ministry of Economy and Industry has confirmed that it has developed and accelerated procedures for establishing companies by transitioning to electronic systems. This shift makes it easier for investors and businesspeople to complete their transactions more quickly and with less effort. The department is experiencing high demand, with an average of 30 to 50 applications daily for the registration of both local and foreign companies, including the possibility of registering branches of foreign firms within Syria or non-exclusive agencies to carry out external activities. This initiative aims to improve the business environment and simplify the registration process, focusing on reducing the need for in-person attendance once the electronic system is fully implemented, and on facilitating the follow-up of legal amendments related to companies. The Syrian government’s goal is to attract more investments and stimulate economic activity through modernized and flexible registration procedures.
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