Business Law

13-06-2013
The Ministry of Economy has issued a letter warning international companies to ensure they have appointed a Libyan agent.
08-04-2013
An English-language translation of Law No. 20 of 2010, which is still in force, covering the provision of health insurance by public and private employers. Translation kindly provided by Tumi Law Firm.
05-04-2013
The agency is set to begin accepting applications for new trademarks from next month onwards.
03-04-2013
Libya's Minister of Economy says the draft of a new Libyan companies law has been sent to the national assembly for approval.
19-03-2013
A committee tasked with drafting new legislation governing investment in Libya's oil and gas sector has held its first meeting.
01-03-2013
A representative from US-based law firm Latham and Watkins has held a meeting with the head of Libya's investment and privatisation authority.
27-02-2013
An English-language translation, provided by Tumi Law Firm, of Decision 207 of 2012 concerning the participation of foreigners in joint-venture companies, and branches and representative offices of foreign companies in Libya.
28-01-2013
The government is understood to be drafting a replacement for last year’s Decision 207, which provides the legal framework for foreign companies in Libya, with the new rules expected to ease certain restrictions.
15-01-2013
The Libyan government has filed a lawsuit claiming that it was defrauded of $37m (LD46m), according to press reports, in the latest round of a long-running dispute.
23-08-2012
According to a recent government decision published by a local newspaper, the Libyan government has assigned members of the Lebanese Bar Association to identity and recover state-owned Libyan assets in Lebanon.
09-08-2012
The Ministry of Economy has published new legislation covering the activities of foreign companies in Libya, limiting foreign shareholdings in joint ventures to 49% and specifying restricted sectors.
11-07-2012
The UK-based law firm says it will open an office in Tripoli next month, headed by the former general counsel of the Libyan Investment Authority (LIA).
07-06-2012
According to the Deputy Minister of Labour, Mohamed al-Megherbi, a committee is currently drafting a new labour law which will be presented to Libya's future constituent assembly later in the year.
20-05-2012
A recent law passed by Libya's Ministry of Economy and Trade places restrictions on the size of construction contracts open to joint venture companies between Libyan and foreign firms.
19-05-2012
The Ministry of Economy and Trade has published a new law governing joint ventures and foreign company branch offices in Libya.