Articles

Company Directors in Lebanon

Company Directors in Lebanon image April 16, 2018

A legal entity acts through two bodies of individuals: its shareholders and its board of directors. The board of directors is responsible for the management of the activities of the business, such as making the strategic and operational decisions.

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Hire Lebanese Workforce

Hire Lebanese Workforce image April 3, 2018

With respect to hiring Lebanese workforce, the minimum wage in the public and private segment is established by the local government after discussing with employers and employees. The minimum wage in this country was last increased in 2012.

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Obtaining Residence Permit in Lebanon

Obtaining Residence Permit in Lebanon image March 30, 2018

Foreign citizens who intend to live and work in the country must obtain a temporary residence visa in Lebanon. In this article, our company formation agents in Lebanon explain a few aspects related to this visa and the requirements which have to be met in order to obtain it.

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Starting an IT Company in Lebanon

Starting an IT Company in Lebanon image March 19, 2018

The ITC (information technology) industry in Lebanon is growing at a rapid rate, having a market size of USD 436.2 million in 2016 and being expected to increase to USD 543.5 million by 2019. This industry has been increasing at a compounded yearly rate of 7% between 2014 and 2016.

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Changing Company Types in Lebanon

Changing Company Types in Lebanon image March 18, 2018

If you are interested in changing company types in Lebanon, it is important to know that the way to do this is by closing the existing company and then setting up a new one under the form you require.

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Holding Companies in Lebanon

Holding Companies in Lebanon image March 12, 2018

Holding companies in Lebanon are governed by the Decree-Law No. 45 from 1983 and its amendments. Holding companies in this country are joint-stock companies which are ruled by the same regulations applied to local joint-stock entities.

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The Share Capital in Lebanon

The Share Capital in Lebanon image February 18, 2018

Foreign entrepreneurs and local investors are able to open a company in Lebanon without any restrictions. In this article, we analyze the share capital in Lebanon which is needed to set up different legal entities in this country.

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Corporate Tax in Lebanon

Corporate Tax in Lebanon image February 13, 2018

The corporate tax rate in Lebanon is set at 15%. The corporate tax rate in this country is collected from businesses. Its amount is based on the net income which businesses make when they practice their activities.

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Taxation in Lebanon

Taxation in Lebanon image February 13, 2018

A legal entity which is considered a resident of Lebanon (meaning that it is set up or registered under the local legislation), or which is doing business from a fixed office in the country for more than 6 months in any 12 consecutive months in public contracting projects is taxed on its worldwide income in Lebanon.

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Attractive Investment Industries in Lebanon

Attractive Investment Industries in Lebanon image January 25, 2018

In this article, our company formation advisors in Lebanon present a few of the most attractive investment industries in Lebanon.

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