are similar in structure to their Western counterparts.
Management may be separate from the partners, although they
are usually chosen from among them. Minimum capital is
25.000 Syrian pounds. The liability of individual partners
is restricted to their share of total capital. Companies are
required to submit their constitution to the Court of First
Instance within a month of their formation. The constitution
should contain the company’s name and address a
description of its purpose, information regarding its
directors and partners, their shares and responsibilities.
for official registration are made to the Ministry of Supply
and Interior Trade. Applications should be signed and
authorized by the partners and include a copy of the
constitution, lease agreements and industrial licenses as
approval is obtained from the ministry, the company is added
to the commercial register.