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Procedures of granting an investment licensing are the following:
Foreign Investment Licensing Section:
- The investor will apply for the investment licensing form in order to study the enterprise.
- Issue a receipt of the licensing application for the investor .
- Present the application to the Foreign Investment Committee to give their appropriate recommendations after the primary approval of the competent authorities .
- Issue a ministerial resolution in regards to the enterprise followed by an approval or rejection from the minister of commerce to be published in the official Gazzete .
- Address the Ministry of Commerce and Industry to proceed a commercial license for issuing formalities.
- Notify investor and the competent authorities either by the approval or rejection of the enterprise.
- Issue the investment license.
One Stop Shop Section:
- Inform the concerned authorities of the approval.
- Issue the tax exemption certificate.
- Issue the certificate of custom duties for imports exemption.
Supervision and Follow up Section:
- Provide this section with procedures and executive steps for the enterprise according to the timetable.
- Receive a copy of the annual budget.
- Prepare reports of the enterprise after the actual operation.
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