For entrepreneurs and digital nomads eyeing Syria as a potential base for their ventures in 2025, understanding the true costs of company creation and maintenance is essential. If you’re frustrated by opaque fees and unpredictable state-imposed costs elsewhere, this guide offers a transparent, data-driven breakdown of what to expect when setting up a standard Limited Liability Company (LLC) in Syria. All figures are sourced from official and reputable references, ensuring you have the facts you need to make informed decisions.
Average Company Formation Costs in Syria (2025)
Launching a شركة محدودة المسؤولية (LLC) in Syria involves several mandatory expenses. Here’s a clear breakdown of the average costs, with all amounts in Syrian Pounds (SYP) and their approximate USD equivalents (using a reference rate of 1 USD ≈ 14,000 SYP as of early 2025):
| Cost Item | Amount (SYP) | Approx. USD |
|---|---|---|
| Minimum capital requirement | 50,000 | ~$3.57 |
| Commercial registry fees | 15,000 | ~$1.07 |
| Chamber of Commerce registration | 10,000 | ~$0.71 |
| Publication in Official Gazette | 5,000 | ~$0.36 |
| Notary and legal documentation fees (including lawyer fees) | 40,000 | ~$2.86 |
| Total Average Creation Cost | 120,000 | ~$8.57 |
Sources: Syrian Ministry of Commerce, World Bank Doing Business, Al Bawaba, Lexology
Pro Tip: Streamline Your Setup
- Prepare all documentation in advance to minimize notary and legal fees.
- Negotiate fixed-rate packages with local lawyers to avoid unexpected costs.
- Consider timing your registration to avoid fee increases that may be announced mid-year.
Annual Maintenance Costs for Syrian LLCs (2025)
Once your company is established, annual maintenance costs are a recurring consideration. In 2025, expect to pay between 25,000 SYP (~$1.79) and 60,000 SYP (~$4.29) per year, depending on your service providers and administrative needs. Here’s the typical breakdown:
| Maintenance Item | Amount (SYP) | Approx. USD |
|---|---|---|
| Annual commercial registry renewal | 10,000 | ~$0.71 |
| Chamber of Commerce annual fee | 5,000 | ~$0.36 |
| Mandatory accounting and tax filing services | 10,000 | ~$0.71 |
| Lawyer/accountant retainer (average) | 10,000 | ~$0.71 |
| Other administrative fees (e.g., municipal, publication) | 5,000 | ~$0.36 |
Pro Tip: Optimize Your Annual Overheads
- Bundle accounting and legal services for a single retainer to reduce duplication.
- Stay ahead of deadlines to avoid late fees or penalties from the commercial registry.
- Review municipal and publication requirements annually—some fees can be minimized with proactive compliance.
Key Takeaways for 2025
- Transparent, low entry costs: Setting up an LLC in Syria is cost-effective by international standards, with total creation costs averaging just 120,000 SYP (~$8.57).
- Manageable annual fees: Ongoing maintenance ranges from 25,000 to 60,000 SYP (~$1.79–$4.29), depending on your service choices.
- Room for optimization: Smart bundling of legal and accounting services, plus timely compliance, can further reduce your fiscal footprint.
For more details on Syrian company law and business setup, consult the following resources: