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Libya

20% corporate tax.

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Key facts

Region
North Africa
Corporate tax
20%
VAT
0%
Currency
LYD
Time zone
EET
Language
Arabic

Key advantages

  • 20% corporate tax.
  • Oil resources.
  • Reconstruction market.

Entity types

TypeFull nameTaxVATMin. capitalSetup timeBest for
LLCLimited Liability Company20%0%LYD 50.0008–12 weeksEnergy, infrastructure

Frequently asked questions

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Company type· Libya

Get advice on starting up in Libya

Klaus Garde Nielsen advises on jurisdiction choice, structure and practical setup.

Contact Klaus Garde Nielsen

Contact Klaus Garde Nielsen

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