Eternity Law International — News — Company registration in Lebanon

Company registration in Lebanon

Published:
December 22, 2020

Interest in Lebanon as a jurisdiction with great potential for the development of international business is growing rapidly. Lebanon in particular attracts foreign capital owners with a stable banking sector that ensures complete confidentiality of customer data. In accordance with the law regarding offshore enterprises and holding companies of this Arab country, non-residents can count on income tax at a rate of 10% and no VAT, as well as a share of dividends.

Foreign firms are allowed to conduct business outside Lebanon or in such a zone in which special conditions have been created in order to attract foreign investment – there is no taxation, in particular, export and import duties and stamp duty are not paid. The owner of such a company can also be a non-resident.

Offshore in Lebanese jurisdiction means the following:

  • tax exemption for capital gains from the sale of securities;
  • the ability to freely export the company’s capital and currency;
  • full exemption from paying tax duties for the next 10 years in the event of starting a business related to innovative products;
  • permission not to involve local agents and secretaries and directors who are legal entities in the work;
  • no requirement for mandatory disclosure of information about beneficiaries.

In Lebanon it is also profitable and convenient to establish firms as holdings. Such organizations are exempt from taxation of profits and dividends. In addition, the jurisdiction allows the opening of enterprises in the form of joint-stock companies, closed companies, partnerships with a limited type of liability, foreign branches and representative offices. Regardless of the organizational form, all companies will be entered in the Commercial Register. Offshore structures are registered in another special register.

Company registration in Lebanon

The package of documents provided by the founders of the company is drawn up in Arabic and English. It contains, in particular, a power of attorney in the name of a local lawyer, who is given the authority to conduct the business of the company, as well as copies of passports of shareholders and founders, stapled with a translation made by an appropriately qualified translator and certified by a notary. In addition, this package includes:

  • data on the name of the organization, beneficiaries and management;
  • signatures of all owners;
  • a copy of the Statute and minutes of the meeting;
  • certificate of the founders of the company;
  • a detailed description of the direction of activity, a list of partners, mutual settlements. All this must contain the signature of the agent.

If documents are drawn up in a language other than English or Arabic, they must be translated and certified by the Lebanese consulate. After that, the founders open a local account. In the beginning, it is enough to deposit capital of about $ 20,000.

If you need to register a company in Lebanon, our specialists will help you register a company quickly and efficiently. Also, you can buy a ready-made company in Lebanon. Write to us in the CRM form and we will help you register a company.

Eternity Law International specialists will provide you with qualified advice on the acquisition of an offshore company, opening a bank account in any jurisdiction, as well as further support of your company’s activities at any stage.

We offer ready-made European and offshore companies. It takes 2 days to reissue documents for new owners.

If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or write to us in the CRM form located at the bottom of the page. Our specialists will answer you online.

You could be interested

Opening a merchant account with high risk

You will definitely need a merchant account if you run your business online. This type of account allows the buyer to pay for the goods purchased on the store’s website through a bankcard; it greatly simplifies the purchase process itself for both the client and the seller. A merchant account is a solution with which...

How to registrate company in Andorra

Until these years, Andorra was inaccessible for foreign investors wishing to manage their business fully. However, after a law was passed in 2012 allowing foreign entrepreneurs to own 100% of the company, the attractiveness of this jurisdiction for non-residents has increased significantly. Non-resident investors received practically the same rights as local investors, i.e., they are...

Formation of the bank in Montenegro

In accordance with World Bank Doing Business report, Montenegro’s rank is 42th of 190 jurisdictions in condition of ease of conducting business. Foreign investors in Montenegro have the same status as national individuals, moreover Montenegro attracts investors with pleasing taxation system. Also, Montenegro has a wide market of high-qualified employees, stable democratic policy. The formation...

Gaming License in Gibraltar

Situated at the southern edge of the Iberian Peninsula, Gibraltar is not only recognized for its iconic Rock of Gibraltar but also for its prominent presence in the global gaming industry. Under the governance of the Gibraltar Regulatory Authority (GRA), gaming activities are regulated to ensure fairness and security. In this comprehensive guide, we embark...

Automatic exchange of tax information

Many developed countries are taking a confident course towards deoffshorization, because of the fight against tax evasion by large companies It is impossible to completely ban offshore companies. Therefore governments are actively working to identify the real owners of offshore companies. They also tighten control over financial transactions. For the implementation of the Fourth Anti-Money Laundering...

Offshore company Gibraltar

OFFSHORE COMPANY Gibraltar – OFFSHORE COMPANY GIBRALTAR – OFFSHORE COMPANY GIBRALTAR – OFFSHORE COMPANY REGISTRATION ON GIBRALTAR The cost of registration 1 900.00 EUR The cost of renewal 700.00 EUR Number of Directors 1 Corporate tax 0.00% Paid up capital 0.00 Requirements for mandatory reporting No Gibraltar is a disputed island that is officially under...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360