Yes, but with caveats. Since the formal repeal of U.S. sanctions on July 1, 2025, OFAC no longer blocks U.S. technology firms from serving customers in Syria. However, exports of software and technology are still subject to the Export Administration Regulations (EAR). This means most controlled software, encryption, and technology transfers will continue to require a BIS license unless they are EAR99 or fall under a clear exception. Companies must also screen counterparties carefully to avoid dealings with individuals or entities that remain sanctioned under terrorism or proliferation authorities.

Yes. General business and commercial services may now be provided without an OFAC license, as long as no sanctioned parties are involved. Export controls still apply if the services involve the transfer of U.S.-origin technology or controlled items.

Yes. U.S. companies may employ Syrian nationals in Syria and compensate them through the banking system. Payments to Syrian banks are no longer prohibited under OFAC rules, though financial institutions may still impose internal restrictions or enhanced due diligence. Employers should also assess “deemed export” risks: giving remote employees access to controlled source code or technical data may require a BIS license.

Yes. U.S. persons may invest in Syrian companies across most sectors. The key restrictions are avoiding any counterparties on the Specially Designated Nationals (SDN) List or entities that are 50% or more owned by SDNs. Investors should also prepare for “snapback risk” in case sanctions are reimposed and build compliance protections into deal structures.

Yes. Transactions with Syrian banks, including the Central Bank of Syria, are now permitted following their delisting. That said, certain assets may remain frozen, and correspondent banks in the U.S. or EU may still delay or block transactions until their internal compliance policies are updated.

Mostly yes. They have been removed from OFAC’s SDN List, but some restrictions remain under other sanctions programs. Companies must re-screen counterparties before every transaction and confirm with their banks that payments can be processed.

No. Ordinary commercial payments no longer require an OFAC license. The main considerations are continued SDN screening and, if technology or equipment is part of the transaction, compliance with EAR licensing requirements.

Yes. The prior prohibitions on petroleum imports and energy-sector engagement have been lifted. U.S. firms can now trade Syrian petroleum and participate in infrastructure projects. However, exports of U.S.-origin drilling equipment, software, or technology to Syria remain tightly controlled under the EAR and may require a BIS license.

Yes, provided no sanctioned actors are involved. While OFAC restrictions have been removed, companies must plan for BIS licensing where controlled parts, software, or training are exported. Deal structures should also account for potential reversibility if sanctions snap back.

Legally yes, but in practice this will depend on each bank’s risk tolerance. Some U.S. and European financial institutions are already updating their compliance policies, while others may delay acceptance of Syrian-linked accounts pending further regulatory clarity. Enhanced due diligence will be standard.