Art. 2 of Circular No. 9-2020 of the Central Bank of Libya stipulates that banks are granted the powers to decide on the sale of foreign exchange for personal purposes through the national number of every Libyan citizen aged eighteen years or older and within certain limits. The maximum amount transferred per person through all banks operating in Libya, whether through Visa or MasterCard cards or quick transfers, is USD 20,000 or its equivalent in other currencies per year. Additionally, the limit for issued Visa or MasterCard cards should not exceed an amount of USD 10,000 or its equivalent in other currencies per year.

Circular No. 10-2017 sets limits for electronic payments using mobile phones or eWallets. A monthly limit applies to transactions as follows: 1,000 LYD (approx. USD 207) for individuals, 10,000 LYD (approx. USD 2,070) for small merchants or enterprises, 20,000 LYD (approx. USD 4,150) for medium merchants or enterprises and 50,000 LYD (approx. USD 10,350) for large merchants or enterprises. It also sets a monthly account limit of 3,000 LYD (approx. USD 620) for individuals, 10,000 LYD (approx. USD 2,070) for small merchants or enterprises, 20,000 LYD (approx. USD 4150) for medium merchants or enterprises and 50,000 LYD (approx. USD 10,350) for large merchants or enterprises.

It is reported that Libya does not implement any de minimis threshold, which is the minimum value of goods below which customs do not charge duties.

“.ly” is the country code top-level domain (ccTLD) for the Libyan Arab Jamahiriya, managed by the Libyan Spider Network. Anyone can register domain names with the “.ly” extension for a minimum period of one year. The official website of Libya's top-level domain registry states that there are no requirements for local presence or the appointment of a local representative. However, since 2010, as announced by the Libyan Spider Network, all “.ly” domain names shorter than four characters may only be registered by companies with a presence in Libya, and the registration must be processed through Libya Telecom and Technology. In addition, according to the official website for the top-level domain of Libya's registry, domain names must not contain "obscene, scandalous, indecent, or contrary to Libyan law or Islamic morality words, phrases nor abbreviations".

According to Art. 1355 of Law No. 23-2010, it is not permissible to practice any commercial activity or conduct any business within Libya except after obtaining a license. This process includes obtaining a Commercial Register certificate, registering with the Chamber of Commerce and the tax and labour departments, and then obtaining a working license. It is reported that in May 2019, the government suspended the licenses of 40 foreign firms, including Alcatel-Lucent (owned by Nokia) and Microsoft, asking for their renewal.

Art. 2.4 of Decision No. 811-2022, a license is required in the event that an audio channel or visual channel, satellite or terrestrial, affiliated with a foreign company or an entity operating outside Libya, as well as its headquarters outside Libya, wishes to open an office, branch, or activity within the Libyan state. The license requires approvals from the Foreign Media Department of the Ministry of Foreign Affairs, approval of the Libyan Intelligence Service, and Security approval, among others. It was reported in September 2022, that, while the decision largely targets television and radio outlets, it could negatively affect the online space as many of those operators maintain an online and social media presence.

Art. 4.3 of the "Regulations for the Specific Approval of Communications Devices and Equipment attached to Resolution No. 985-2022" requires obtaining a permit from the competent authorities for the import, manufacture, assembly or trade of any telecommunications equipment, which should be in accordance with the approved standards and specifications, and in coordination with the concerned security agencies.

Art. 5 of Decree No. 944 stipulates that foreign nationals are prohibited from engaging in import and export activities, which are reserved exclusively for domestic persons.

Art. 4 of Decree No. 944 imposes an obligation upon foreign companies operating in Libya to facilitate technology transfer, employ local personnel, and provide training for the domestic workforce. Also, in the conduct of their activities, such entities are required to use equipment, machinery, raw materials, and production inputs that are available on the local market. In addition, Art. 6 does not provide any exemption from the mandatory requirement that at least 75% of the workforce be composed of local employees.
Similarly, Art. 7 of Law No. 9-2010 on the Encouragement of Investment states that investment projects involving foreigners must fulfil all or part of the following listed requirements: (i) transferring and localizing knowledge, modern technology, technical expertise, or intellectual property rights; (ii) supporting links and integration between existing economic activities and projects, reducing production costs, or contributing to providing materials and operating requirements for them; (iii) exploiting or assisting in the exploitation of local raw materials; (iv) contributing to the development of remote areas; (v) producing goods for export or contributing to increasing exports, or as a result of which the import of goods is completely or partially dispensed with; (vi) providing a service needed by the national economy or contributing to its improvement, development or rehabilitation and (vii) providing employment opportunities for the Libyan workforce of no less than 30%, and working to train them and provide them with technical skills and expertise.

Art. 1 of Resolution No. 388 of 2022 added electrical and electronic devices and equipment to the list of goods prohibited for export pursuant to Resolution No. 359-2021.

Art. 5 of Decree No. 944 stipulates that foreign nationals are prohibited from engaging in import and export activities, which are reserved exclusively for domestic persons.

Art. 5 of the Regulations for the type approval of communications devices and equipment attached to Resolution No. 985-2022 states that the competent authority (General Authority for Communications and Informatics) has the right to issue quality approval certificates for telecommunications devices itself or delegate this to other entities. The authority has the right to accredit local and international bodies and laboratories for the purposes of quality approval, and it grants them the right to carry out measurements and tests related to the extent to which telecommunications devices and equipment conform to the approved technical standards. GACI also has the right to conclude memorandums of understanding with local or international bodies with the aim of mutual recognition of qualitative approval of telecommunications devices and inspection certificates. Art. 6.1 stipulates that it is not permissible to use, import, or sell any device after the issued type approval certificate expires unless it is renewed. According to Art. 6.6, GACI may conduct some tests on the devices and equipment in its laboratories or any other laboratories if it deems it necessary and include the device that has been qualitatively approved on the competent authority's website in the international information network.

Art. 9 of Law No. 5 of 2022 stipulates that no person or entity may produce, possess, supply, market, manufacture, import, or export encryption tools without prior authorisation from the competent authorities.

The Regulation on the Organisation of Electronic Store Operations establishes licensing requirements for providers of e‑commerce services.

It is reported that in October 2023, the Libyan Arab Armed Forces abruptly severed internet access in Benghazi, Libya's second-largest city, under the pretext of a military operation against a "destructive cell," effectively isolating the city from the rest of the world for over a week. A similar situation occurred in mid-September in the city of Derna following protests triggered by the collapse of dams that resulted in numerous casualties. The Libyan Arab Armed Forces imposed a four-day internet and communication shutdown in response. Additionally, recurrent internet and communications disruptions were reported in Sirte due to demonstrations during 2024.
In addition, the indicator "7.2.4 - Government Internet shut down in practice" of the V-Dem Dataset, which measures whether the government has the technical capacity to actively make internet service cease, thus interrupting domestic access to the internet or whether the government has decided to do so, has a score of 2 in Libya for the year 2025. This corresponds to "The government shut down domestic access to the Internet several times this year."