{"id":7655,"date":"2025-08-07T16:54:46","date_gmt":"2025-08-07T14:54:46","guid":{"rendered":"https:\/\/mattarlaw.com\/?page_id=7655"},"modified":"2025-08-07T16:54:46","modified_gmt":"2025-08-07T14:54:46","slug":"open-bank-account-in-lebanon","status":"publish","type":"page","link":"https:\/\/mattarlaw.com\/fr\/avocats-banques-finances-liban\/open-bank-account-in-lebanon","title":{"rendered":"Bank Account Opening in Lebanon for Companies & Individuals"},"content":{"rendered":"

Bank Account Opening in Lebanon for Companies and Individuals<\/h1>\n

Mattar Law Firm offers comprehensive legal assistance for opening bank accounts in Lebanon\u2014whether for businesses, foreign investors, or individuals. Our experienced team supports clients throughout the process, from preparing documents to securing final approval from banks.<\/em><\/p>\n

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1. The Lebanese Banking Landscape<\/h2>\n

Lebanon has long served as a financial hub in the Middle East.<\/p>\n

The country maintains a sophisticated banking infrastructure regulated by the Central Bank of Lebanon (Banque du Liban). Lebanese banks continue to offer multi-currency accounts, international transfers, and corporate banking solutions under strict compliance with AML (Anti-Money Laundering) and KYC (Know Your Customer) policies.<\/p>\n

Lebanon reinforced its financial sector by reforming its banking secrecy law.<\/p>\n

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2. Opening Corporate Bank Accounts in Lebanon<\/h2>\n

Eligible Business Structures<\/h3>\n
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  • SARL (Limited Liability Company)<\/li>\n
  • SAL (Joint Stock Company)<\/li>\n
  • Offshore SAL<\/li>\n
  • Holding Companies<\/li>\n
  • Foreign Branches and Representative Offices<\/li>\n
  • Foreign Companies<\/li>\n
  • Other Structures<\/li>\n<\/ul>\n

    Required Documents<\/h3>\n
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    • Company registration certificate<\/li>\n
    • Articles of association \/ bylaws<\/li>\n
    • Commercial registry extract (circular)<\/li>\n
    • ID\/passport copies of shareholders and managers<\/li>\n
    • Proof of address for authorized signatories<\/li>\n
    • Company tax registration details (if applicable)<\/li>\n<\/ul>\n

      Our legal team assists with document collection, notarization, and direct coordination with banks to ensure smooth account opening for your business.<\/p>\n

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      3. Offshore & Holding Companies<\/h2>\n

      Lebanon remains attractive for offshore and holding company formation due to tax benefits and confidentiality. These entities are ideal for foreign investors and businesses operating across borders. Bank accounts can be opened in foreign currencies (USD\/EUR), often without local residency.<\/p>\n

      Our Services Include:<\/h3>\n
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      • Company formation and compliance setup<\/li>\n
      • Bank application support and coordination<\/li>\n
      • Nominee shareholder\/director services (if required)<\/li>\n
      • KYC and AML advisory<\/li>\n<\/ul>\n

        We maintain working relationships with Lebanese and regional banks, facilitating fast-track openings for compliant offshore entities.<\/p>\n

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        4. Personal Bank Accounts in Lebanon<\/h2>\n

        Lebanon allows individuals\u2014citizens, expats, non-residents, and foreigners\u2014to open personal accounts in LBP or foreign currencies. These accounts are useful for salary transfers, local purchases, investments, and property ownership.<\/p>\n

        Requirements:<\/h3>\n
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        • Valid passport or IF<\/li>\n
        • Proof of residence (e.g., utility bill or rental agreement)<\/li>\n
        • Letter stating purpose of account<\/li>\n
        • Proof of income or employment (recommended)<\/li>\n
        • Reference letter from another bank (if applicable)<\/li>\n<\/ul>\n

          We help clients prepare the necessary paperwork and choose the most appropriate banks for their needs.<\/p>\n

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          5. Why Choose Mattar Law Firm?<\/h2>\n

          We are a Beirut-based law firm specializing in business setup and banking law. Our lawyers speak Arabic, English, and French and maintain active relationships with Lebanon\u2019s leading financial institutions. We guide you through every step\u2014ensuring full legal compliance and a smooth banking experience.<\/p>\n

          What We Offer:<\/h3>\n
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          • End-to-end company registration and legal structuring<\/li>\n
          • Bank document preparation and submission<\/li>\n
          • Direct communication with bank officers<\/li>\n
          • Follow-up until final approval and activation<\/li>\n<\/ul>\n
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            6. Start Your Banking Process in Lebanon<\/h2>\n

            Whether you’re a company owner, investor, or private individual, Mattar Law Firm is ready to help you open a compliant bank account in Lebanon.<\/p>\n

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            7. Frequently Asked Questions (FAQ)<\/h2>\n
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            Can foreigners open bank accounts in Lebanon?<\/h3>\n

            Yes, foreigners and non-residents can open accounts in Lebanon, provided they meet KYC and source-of-funds requirements. We assist in preparing the appropriate documentation.<\/p>\n

            How long does it take to open a corporate bank account?<\/h3>\n

            The process typically takes between 5 to 15 business days, depending on the bank and completeness of documentation. Mattar Law Firm expedites the process through its direct channels.<\/p>\n

            Do I need to be in Lebanon to open a bank account?<\/h3>\n

            In many cases, physical presence is not required. We can arrange remote openings via power of attorney or through our nominee services depending on the bank\u2019s policy.<\/p>\n

            Can I open multiple bank accounts in different currencies?<\/h3>\n

            Yes, most banks in Lebanon offer multi-currency account services including LBP, USD, EUR, and GBP accounts.<\/p>\n<\/div>\n


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