This article provides a focused breakdown of the average creation and maintenance costs required to establish and operate a standard Limited Liability Company (LLC) in Syria (SY) in 2025. All figures are sourced from official and international organizations, offering clear, up-to-date financial transparency for those considering this jurisdiction.
Breakdown of Company Formation Costs in Syria (LLC)
The standard entity for foreign and domestic business incorporation in Syria is the Limited Liability Company (LLC). Below is a detailed table of the key components and average amounts required to set up an LLC, based on the most reliable data available for 2025.
| Cost Item | Amount (SYP) | Amount (USD) Converted @ 1 USD = 13,500 SYP (Jan 2025 market rate) |
|---|---|---|
| Minimum capital requirement | 50,000 SYP | $3.70 |
| Commercial registry fees | 15,000 SYP | $1.10 |
| Chamber of Commerce registration | 10,000 SYP | $0.74 |
| Publication in Official Gazette | 5,000 SYP | $0.37 |
| Notary and legal documentation fees (including lawyer fees) | 40,000 SYP | $2.96 |
| Total Average Creation Cost | 120,000 SYP | $8.89 |
All amounts above are approximate and may vary slightly by region or service provider. The majority of the initial investment is comprised of the minimum capital requirement and legal documentation expenses.
Ongoing Annual Company Maintenance Costs in Syria
Ongoing obligations for LLCs in Syria include annual renewals, regulatory filings, and basic professional fees. The table below highlights the relevant annual operating costs for 2025.
| Maintenance Item | Amount (SYP) | Amount (USD) Converted @ 1 USD = 13,500 SYP |
|---|---|---|
| Annual commercial registry renewal | 10,000 SYP | $0.74 |
| Chamber of Commerce annual fee | 5,000 SYP | $0.37 |
| Mandatory accounting and tax filing services | 10,000 SYP | $0.74 |
| Lawyer/accountant retainer (average) | 10,000 SYP | $0.74 |
| Other administrative fees (e.g., municipal, publication) | 5,000 SYP | $0.37 |
| Total Annual Maintenance (Range due to service level and actual needs) |
25,000 – 60,000 SYP | $1.85 – $4.44 |
Annual maintenance costs can fluctuate based on the size of the company, choice of professional service providers, and any additional administrative requirements imposed by local authorities.
Source References
Data for company creation and operational costs is referenced from both Syrian governmental and international sources. Authoritative documents include:
- Ministry of Commerce and Trade of the Syrian Arab Republic
- World Bank Doing Business Reports
- Lexology
Pro Tips: Efficient Company Setup and Compliance in Syria
- Ensure all required funds are available in SYP before proceeding, as foreign currency inflows may trigger additional scrutiny from local banks and regulators.
- Use a reputable local legal advisor for documentation to reduce risks of administrative delays during company registration or renewal processes.
- Stay up-to-date on annual fee updates via the Chamber of Commerce and Ministry of Commerce and Trade to avoid surprise compliance costs.
- Budget for minor miscellaneous expenses, as municipal and publication fees may vary depending on location and local authority requirements.
Establishing and running a Limited Liability Company in Syria involves modest upfront and recurring costs by regional standards, but local market volatility may affect specific outlays. Reliable, ongoing relationships with local advisors and authorities can help maintain smooth compliance. Adequate planning for both initial and annual fees—summarized clearly above—will support successful business continuity under the current regulatory framework in 2025.