Damascus-SANA
In order to reduce the burdens on the founders of companies, the Ministry of Internal Trade and Consumer Protection authorized its directorates in the governorates to establish limited liability companies and one-person companies with limited liability and follow up their procedures.
The Director of the Companies Directorate at the Ministry of Internal Trade and Consumer Protection, Zain Al-Din Safi, said in a statement to SANA reporter that the number of companies registered with the ministry during the first half of this year amounted to 363, including 289 limited liability companies, 47 single-person companies, 11 joint stock companies, and 16 companies distributed in the governorates over The following figure: 11 in Tartous, 3 in As-Suwayda, and one each in Homs and Lattakia.
Safi revealed that the directorate has built a common database of the commercial information bank system that includes archiving and automating company data and commercial records with the aim of linking the directorate with the central administration of the ministry and its departments and the secretariat of the commercial registry in the governorates and between public authorities.
With regard to facilitating the procedures for establishing money companies and reducing the time required to complete their requirements and working to give them the approval and licenses necessary for their establishment after the issuance of the decision to ratify the basic systems and before their month with the competent Commercial Registry Secretariat, Safi referred to the issuance of Circular No. Any prior approval when issuing a decision to ratify the articles of association of the Funds Company - the limited liability company and the joint-stock private, public and holding company, based on the Prime Minister’s letter No. 9046/1 dated 8/2-2021.
In order to support young entrepreneurs and encourage them to do business, they were allowed to obtain a commercial register for those with intellectual professions to use their residential homes to practice their intellectual activities, provided that granting the commercial register for intellectual professions on the residential property does not require the conversion of its capacity to commercial.
Safi pointed out that the Syrian Chambers of Commerce were addressed to determine their crafts and professional activities, including intellectual professions, and to address the Ministry of Local Administration and Environment with a proposal that the provincial councils study issuing the necessary decisions to allow intellectuals to use their homes.
Alia decency
SANA Economic Bulletin
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