At Beirut Practice, we provide tax advice for local and cross-border transactions, owing to our international experience and presence in many European and MENA countries, and to the excellent relations we have developed over the years with leading audit and consultancy firms in Cyprus, Malta, Gibraltar, London, Poland, Hong Kong, and Singapore. We strive to understand each Client's specific business needs and design tailored structures to help them achieve their commercial objectives.
Our Commercial Team advises clients on a vast range of commercial matters, from the more straightforward Terms and Conditions of Business Agreements to the complex multi-party documentation.
Our work requires us to have an appreciation, not just of the legal issues, but also the underlying commercial objectives. Therefore, we have a highly developed understanding of many industry sectors worldwide.
Lebanon offers local and foreign investors the option of establishing a broad range of business structures, including holding companies, offshore companies, joint stock and limited liability companies. Listed below are the main tax rates and exemptions by type of business entity:
The following is an overview of the different taxes and exemptions that may be encountered by a local or foreign investor operating a business in Lebanon:
In addition, investors can benefit from the multiple double taxation agreements that the Lebanese government has concluded with more than 32 countries, which not only avoid double taxation, but also protect against fiscal evasion.