IAG Business Setup

IAG Business Setup – Company formation and procedure coordination in Syria

Once the investment decision is made, the formation phase begins: legal form, documents, certifications and procedures with various authorities. We give you a clear step plan, prepare the files, coordinate with licensed professionals, follow up on each procedure and keep you informed of its status, while decisions and signatures remain with you.

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Starting situation

The investor has decided to go ahead with the project in Syria and may have completed a market study or an exploratory trip. They live abroad and cannot follow up on procedures in person, and face practical questions: which documents are required and how are they certified in the country of residence, who are suitable lawyers and accountants, in what order do the steps take place, and how can they know where their application stands without scattered phone calls.

Scope of services

Formation step plan: A written plan with phases, tasks and responsibilities, prepared in coordination with the licensed lawyer engaged.
Document checklists: A list of the documents required from you and your partners, indicating what needs certification or certified translation.
Proposing and coordinating licensed professionals: Proposing licensed lawyers and accountants after checking if you do not have your own, coordinating their work and tracking their deadlines.
File preparation: Collecting and organising documents and checking them for formal completeness before submission.
Following up on procedures: Following up on procedures with the competent authorities within the powers granted in writing, and documenting every step.
Accounts and basic services: Coordinating the practical steps after formation, such as opening accounts or basic contracts, as your situation and the relevant bodies allow.
Status reports: A regular report on the status of each procedure, missing documents and decisions required from you.

Results and deliverables

Written formation planClear, agreed phases, tasks and responsibilities.
Complete document fileAn organised copy of all submitted documents and their receipts.
Procedure logStatus of each procedure, submission date, authority concerned and next step.
Company documents issuedDocuments issued by the competent authorities after their approval, with archived copies for you.
Cost and receipt recordAll official fees and professional fees with their receipts.

Collaboration and approvals

You decide the legal form, partners and professionals. Any power of attorney you grant has its powers defined precisely and in writing, and no fees are paid and no contract is signed without your written approval in accordance with the agreed rules.

Your choice of legal form after the licensed lawyer's opinion
Your choice of professionals or your approval of those we propose
The scope of any power of attorney defined in writing and limited to the agreed tasks
Your prior written approval of fees, charges and payments according to agreed limits
Contracts and official documents signed by you or by a person you authorise in writing

Who does what

IAG

Preparing the step plan and document checklists
Preparing files and checking their formal completeness
Coordinating professionals and tracking their deadlines
Following up on and documenting procedures within the powers granted
Preparing status and cost reports for you

Licensed professionals

Licensed lawyers for legal opinion, drafting the articles of association and representing you where required
Notaries for certifications and powers of attorney
Licensed accountants or tax advisers for tax and accounting registration
Sworn translators for certified translations
Selected by the investor or proposed by IAG after checking, and engaged under a separate contract

Authorities

The authorities responsible for registration and licensing decide on applications according to their regulations
Neither IAG nor any other party can guarantee approval or the processing time of an application
Official fees are set by the competent authorities and paid against their receipts

Basis for effort and timeline

Effort and time depend on the chosen legal form, the type of activity and the licences it requires, the number of partners, how quickly documents can be provided and certified in your country of residence, and the processing time of the competent authorities, which we do not control. We set out the scope, phases and our fees in a written proposal after reviewing your project.

Frequently asked questions

Do you form the company in your own name?

No. The company is formed in your name or in the name of the partners you designate; we coordinate and follow up on the procedures.

Do I need to grant a power of attorney?

A power of attorney can be useful for following up certain procedures. The licensed lawyer determines its wording, and its powers are limited in writing to the agreed tasks.

Do you guarantee that the licence will be granted?

No. Only the competent authorities decide on applications. We help submit a complete file and track its status.

Can I use my own lawyer?

Yes. We coordinate with the professionals you choose, or propose professionals after checking if you wish.

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