IAG Business PortalPrivate service by IAG – not a government body · 13 October 2026
Glossary
Short explanations of the words used in the portal.
Legal form and liability
- Formation route
- The legal form or type of office through which you operate in Syria.
- Holding company
- A company that mainly holds shares in other companies.
- Jointly and severally
- Each partner can be asked to pay the whole debt, not just a share.
- Liability
- Who has to answer for the company's debts.
- Limited liability
- You are liable only with what you put into the company.
Capital
- Contribution
- The money or value a partner puts into the company.
- Contribution in kind
- Something other than money that a founder puts into the company – for example machinery, licences or patents.
- Public subscription
- Shares are offered to anyone, not only to the founders.
People
- Auditor
- A licensed professional who checks the company's annual accounts.
- General partner
- A partner with unlimited liability.
Company and activity
- Business purpose
- The activities entered in the register for your company.
- Elected domicile
- An address in Syria where official letters can be validly delivered.
- Registered office
- The company's official address in Syria.
- SYRSIC
- The official numbered list of economic activities.
Documents
- Apostille
- A simplified international certification.
- Articles of association
- The company's founding document: name, office, purpose, capital, management.
- Certification
- An authorised office confirms that a copy or signature is genuine.
- Legalisation
- Syrian offices confirm a foreign document so that it can be used in Syria.
- Special power of attorney
- A power of attorney for one specific matter, here: the formation.
- Sworn translation
- A translation by an officially authorised translator.
Authorities
- Registrar
- The official who keeps the commercial register.
Process
- Deposit and publish
- Hand documents to the register and have them officially published.
- Handover to IAG
- You send your case to IAG for review. This is not a submission to an authority.
- Internal approval
- IAG has reviewed your case. Nothing has been submitted to the authority yet.
Verification status
- Confirmed
- Checked against the law text or an official publication. The official Arabic text remains binding.
- Secondary source
- Information from law firms or the press, not from the law or an authority.
- Sources disagree
- The sources contradict each other. The point is clarified for your case before anything is submitted.
- Still being checked
- There is no official confirmation for this yet. IAG clarifies it when reviewing your case.
The glossary explains words. It contains no legal statements – you find those, with their sources, under the formation routes and in your result.