New Syria 2026: Decoding Investment Law 114 – Your Gateway to Reconstruction
By: Rami Sharrack - IC
As "New Syria" emerges, the legal landscape has shifted from bureaucratic hurdles to a comprehensive framework designed to attract global capital. Legislative Decree No. 114 of 2025/2026 marks a turning point, offering a suite of guarantees previously unseen in the region.
I. The Core of Law 114: From Regulation to Facilitation
The law now views the investor as a partner, not a source of revenue. Key pillars include:
- 100% Foreign Ownership: Foreigners can now fully own projects in vital sectors such as energy, tech, and real estate development.
- Capital Mobility: Full freedom to transfer profits and initial capital in convertible currencies via a recovering banking system.
- The Real "One-Stop Shop": Licensing timeframes have been slashed to 30 working days through the Syrian Investment Agency (SIA).
II. At a Glance: Why Law 114 is a Game Changer?
III. Strategic Opportunities & Managed Risks
- Golden Opportunities: Renewable Energy (Solar), Real Estate (Housing gap), and Logistics (Port-to-Inland connectivity).
- Calculated Risks: While the banking system is improving, specialized arrangements for large transfers are still needed. The "administrative gap" between the law and ground-level execution requires an expert mediator.
IV. Expert Recommendations (Your Bridge to Syria)
- Don’t Enter Alone: Investing in "New Syria" requires a consulting partner who understands the legal nuances and ground realities.
- Sectoral Due Diligence: Don't rely on general data; request a field-based study for your specific sector before committing capital.
- Contract Structuring: Ensure your contracts utilize the International Arbitration clauses provided by Law 114.
Reference: Investment Law 114-2025
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