{"id":4003,"date":"2013-04-04T18:17:57","date_gmt":"2013-04-04T16:17:57","guid":{"rendered":"https:\/\/spolki.cgolegal.pl\/?post_type=jurisdiction&#038;p=4003"},"modified":"2022-08-08T13:22:18","modified_gmt":"2022-08-08T11:22:18","slug":"offshore-company-in-lebanon","status":"publish","type":"jurisdiction","link":"https:\/\/spolki.cgolegal.pl\/en\/jurisdictions\/offshore-company-in-lebanon\/","title":{"rendered":"Offshore company in Lebanon"},"content":{"rendered":"<div class=\"entry-singular-content--tab\" id=\"content-general-information\" data-labelledby=\"tabnav-general-information\" data-hidden=\"false\" data-entry-tab-content=\"general-information\"><div class=\"entry-singular-content--article text-body-large text-container text-container--article-mobile md:text-container--article-desktop text-links--primary\">\n\n\n\n<h2 class=\"wp-block-heading\" id=\"general-information\">General information<\/h2>\n\n\n<div class=\"entry-additional-details\">\n    <ul class=\"entry-additional-details--list row g-16 md:g-32\">\n              <li class=\"entry-additional-details--item col col-auto-fill\">\n                      <figure class=\"entry-additional-details--item-icon\">\n              <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/spolki.cgolegal.pl\/wp-content\/uploads\/2013\/04\/ikona-percentage-square.svg\" alt=\"\" width=\"24\" height=\"24\">\n            <\/figure>\n                    <div class=\"entry-additional-details--item-content\">\n                          <div class=\"entry-additional-details--item-label\">\n                17%*\n              <\/div>\n                                      <div class=\"entry-additional-details--item-desc\">\n                Tax rate\n              <\/div>\n                      <\/div>\n        <\/li>\n              <li class=\"entry-additional-details--item col col-auto-fill\">\n                      <figure class=\"entry-additional-details--item-icon\">\n              <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/spolki.cgolegal.pl\/wp-content\/uploads\/2013\/04\/ikona-clock.svg\" alt=\"\" width=\"24\" height=\"24\">\n            <\/figure>\n                    <div class=\"entry-additional-details--item-content\">\n                          <div class=\"entry-additional-details--item-label\">\n                4 weeks\n              <\/div>\n                                      <div class=\"entry-additional-details--item-desc\">\n                Time of establishment of the company\n              <\/div>\n                      <\/div>\n        <\/li>\n              <li class=\"entry-additional-details--item col col-auto-fill\">\n                      <figure class=\"entry-additional-details--item-icon\">\n              <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/spolki.cgolegal.pl\/wp-content\/uploads\/2013\/04\/ikona-moneys.svg\" alt=\"\" width=\"24\" height=\"24\">\n            <\/figure>\n                    <div class=\"entry-additional-details--item-content\">\n                          <div class=\"entry-additional-details--item-label\">\n                20 000 USD\n              <\/div>\n                                      <div class=\"entry-additional-details--item-desc\">\n                Minimum capital\n              <\/div>\n                      <\/div>\n        <\/li>\n          <\/ul>\n  <\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Lebanon is a country in central-east Asia, whose capital is Beirut. Lebanon is one of the few countries that escaped the economic crisis thanks to the significant circulation of cash in Lebanese banks. Lebanon is a place where foreign investors are welcomed with open arms. The country offers a modern legal system and pro-investor administration. Lebanon also attracts European clients willing to do business with the Arab world.<\/em><\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"what-to-keep-in-mind\">What to keep in mind<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Lebanon can be used for many business activities, this destination will often satisfy a international business requirement or import-export operations with the Middle East.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"type-of-the-company\">Type of the company<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Normally, limited liability companies are established in Lebanon, which may engage in any activity except insurance, air transport, investment banking, etc., as well as in any other activity.<\/p>\n\n\n<\/div><\/div><div class=\"entry-singular-content--tab\" id=\"content-company-registration-procedure\" data-labelledby=\"tabnav-company-registration-procedure\" data-hidden=\"true\" data-entry-tab-content=\"company-registration-procedure\"><div class=\"entry-singular-content--article text-body-large text-container text-container--article-mobile md:text-container--article-desktop text-links--primary\">\n\n\n\n<h2 class=\"wp-block-heading\" id=\"company-registration-procedure\">Company registration procedure<\/h2>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"registration-of-the-company\">Registration of the company:<\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Preparation of the articles of association and the company\u2019s statute<\/li><li>Contribution of capital to a bank account.<\/li><li>Preparation of an application for company registration.<\/li><li>Submission of the required documents to the Commercial Register.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"shareholders\">Shareholders:<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">A minimum of 3 shareholders and a maximum of 20 shareholders are required to establish a company. Foreign shareholders are allowed.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"management-board\">Management Board:<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The company is managed by a board of directors. The board of directors may only be composed of shareholders. In addition, the company must have a resident auditor.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"registered-office\">Registered office:<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The company must have a registered address in Lebanon, which will appear on the company documents and postal data of the company. It is possible to use the services of a virtual office with a dedicated telephone number.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"time-to-set-up-the-company\">Time to set up the company:<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The time of establishing a company is about 4 weeks.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"minimum-capital\">Minimum capital:<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The minimum capital is LBP 30,000,000 (USD 20,000).<\/p>\n\n\n<\/div><\/div><div class=\"entry-singular-content--tab\" id=\"content-taxes-and-finances\" data-labelledby=\"tabnav-taxes-and-finances\" data-hidden=\"true\" data-entry-tab-content=\"taxes-and-finances\"><div class=\"entry-singular-content--article text-body-large text-container text-container--article-mobile md:text-container--article-desktop text-links--primary\">\n\n\n\n<h2 class=\"wp-block-heading\" id=\"taxes-and-finances\">Taxes and finances<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The standard corporate income tax rate is 17%. There is no VAT. The annual tax on Lebanese offshore companies is limited to 1 million LBP (700 USD).<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"accounting\">Accounting:<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Accounting is required under Lebanese law.<\/p>\n\n\n<\/div><\/div><div class=\"entry-singular-content--tab\" id=\"content-other-information\" data-labelledby=\"tabnav-other-information\" data-hidden=\"true\" data-entry-tab-content=\"other-information\"><div class=\"entry-singular-content--article text-body-large text-container text-container--article-mobile md:text-container--article-desktop text-links--primary\">\n\n\n\n<h2 class=\"wp-block-heading\" id=\"other-information\">Other information<\/h2>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"bank-account\">Bank account<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Your company will have a multi-currency bank account with Internet access to your account, VISA or ATM MasterCard (there is a possibility to obtain several ATM cards).<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":15,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"tags":[],"type-jurisdiction":[57],"class_list":["post-4003","jurisdiction","type-jurisdiction","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/spolki.cgolegal.pl\/en\/wp-json\/wp\/v2\/jurisdiction\/4003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/spolki.cgolegal.pl\/en\/wp-json\/wp\/v2\/jurisdiction"}],"about":[{"href":"https:\/\/spolki.cgolegal.pl\/en\/wp-json\/wp\/v2\/types\/jurisdiction"}],"author":[{"embeddable":true,"href":"https:\/\/spolki.cgolegal.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":2,"href":"https:\/\/spolki.cgolegal.pl\/en\/wp-json\/wp\/v2\/jurisdiction\/4003\/revisions"}],"predecessor-version":[{"id":5076,"href":"https:\/\/spolki.cgolegal.pl\/en\/wp-json\/wp\/v2\/jurisdiction\/4003\/revisions\/5076"}],"wp:attachment":[{"href":"https:\/\/spolki.cgolegal.pl\/en\/wp-json\/wp\/v2\/media?parent=4003"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/spolki.cgolegal.pl\/en\/wp-json\/wp\/v2\/tags?post=4003"},{"taxonomy":"type-jurisdiction","embeddable":true,"href":"https:\/\/spolki.cgolegal.pl\/en\/wp-json\/wp\/v2\/type-jurisdiction?post=4003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}