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Procedures for Establishing a National Company, Branch Office or Representation Office
                                          for a Foreign Company

                                    Ministry of Trade/Companies
                                       Registration Department

Foreign Branch                     Representation                            National
      Office                             Office                              Company

           Submit an                       Submit an                                         Submit an
          Application                     Application                                       Application

Foreign Companies Office           Foreign Companies Office                  Companies Establishment
                                                                                         Office
          Minister                          Minister
                                                                                10 days to issue a certificate
                                                                                   to establish a company

   60 days to approve the                60 days to approve the              Draft of Memorandum of
             request                               request                   Association and Launch of
                                                                             Deposit Capital within 30
Published in the local newspaper   Published in the local newspaper and the
 and the Internal Bulletin of the     Internal Bulletin of the Companies                   days
                                             Registration Department
     Companies Registration
             Department            15 days to issue office license

    15 days to issue branch                   57
               license
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