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MEMORANDUM OF ASSOCIATION OF MOTHER COMPANY
2. UP-TO-DATE COMMERCIAL EXTRACT FROM THE COMPETENT BODY WHERE
THE MOTHER COMPANY IS REGISTERED.
3. DECISION OF BOARD OF DIRECTORS OF THE COMPANY, INCLUDING
THE FOLLOWING:
A)
APPROVAL FOR OPENING A BRANCH FOR THE COMPANY IN THE GREAT
JAMAHIRIYA.
B)
ACTIVITY PROPOSED FOR PERFORMANCE IN THE GREAT JAMAHIRIYA,
AS COMPATIBLE WITH THE PROPOSES OF MOTHER COMPANY, TO BE AMONG
THE ACTIVITIES PERMITTED FOR FOREIGN COMPANIES TO OPEN BRANCHES
THERETO IN THE GREAT JAMAHIRIYA.
C)
AMOUNT ALLOCATED FOR OPENING THE BRANCH IN THE GREAT JAMAHIRIYA,
TO BE NOT LESS THAN LD. 15,000
D)
NAME OF BRANCH MANAGER OF THE COMPANY IN THE GREAT JAMAHIRIYA,
HIS NATIONALITY AND POWERS.
4.
UNDERTAKING BY THE BOARD OF DIRECTORS OF MOTHER COMPANY FOR
NON-
INTERFERENCE IN POLITICAL AFFAIRS OF THE GREAT JAMAHIRIYA.
5. CERTIFICATE OF EXPERIENCE OF THE COMPANY IN THE REQUIRED
ACTIVITY TO
BE PERFORMED IN THE GREAT JAMAHIRIYA.
6. CERTIFICATE FROM THE ZIONIST ENEMY BOYCOTT OFFICE, INDICATING
THAT
THE MOTHER COMPANY AND ITS AFFILIATES ARE NOT BLACK LISTED.
7. CERTIFICATE FROM A BANK OPERATING IN THE GREAT JAMAHIRIYA,
INDICATING
TRANSFER OF THE AMOUNT ALLOCATED FOR OPENING THE BRANCH OF
THE
COMPANY IN THE GREAT JAMAHIRIYA.
NOTES:
-THE REQUIRED DOCUMENTS SHOULD BE ENCLOSED WITH A COVERING
LETTER ADDRESSED TO COMPANIES & COMMERCIAL REGISTRATION
DEPARTMENT IN THE SECRETARIAT.
-ALL DOCUMENTS SUBMITTED SHOULD BE ORIGINAL AND TRANSLATED
INTO ARABIC, ITEMS (1,2,3,4,5) AND ATTESTED BY THE LIBYAN
ARAB PEOPLE'S BUREAU IN THE COUNTRY OF MOTHER COMPANY.
COMPANIES & COMMERCIAL REGISTRATION DEPT.
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