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Advantages of Registering a Company in Lebanon
Why choose to form a Lebanese offshore or local company? Lebanon offers a distinctive combination of low taxation, banking confidentiality, and strategic location that make it an attractive jurisdiction for company formation.
Low taxation. Offshore companies pay a flat annual fee of around 600 USD with no further taxes. Onshore companies also benefit from comparatively low taxation rates.
Secrecy and confidentiality. The Lebanese government has no automatic agreements with other governments or institutions regarding the disclosure of business entity information to third parties.
A leading banking sector. Banking is considered the prime sector in Lebanon, with services offered by banks of international reputation and among the strongest banking secrecy protections in the world.
Skilled, competitive labor. A skilled, educated, and professional workforce is available at costs that are competitive compared to most other countries.
Strategic location. Lebanon’s location in the Middle East gives it proximity to major regional markets. As a non-member of the European Union, resident companies and banking accounts are not subject to E.U. tax laws or directives.
Quality of life. Numerous luxury hotels and free zone facilities, well-regarded universities and hospitals, beaches, theatres, restaurants, and clubs support a high standard of living at reasonable cost.
Rich heritage and history are among the country’s defining characteristics.
Property ownership. Foreigners may own property under conditions comparable to those applicable to Lebanese citizens in terms of applicable taxes.
Interested in incorporating a company or business, or in buying property and investing in Lebanon? Contact Mattar Law Firm to get started.