The minimum partner numbers and capital requirement is the same as for joint stock companies but it can be denominated in foreign currency. The Offshore enjoys tax advantages and is subject to a flat yearly tax of one million Lebanese Pounds (667 USD) regardless of its turnover or profits.

1. Company Formation
Lebanon offers tempting opportunities when itcomes to companies incorporation and setup.
There are not limits to the foreign ownership in Lebanese companies exceptwhere stipulated otherwise bylaw.
Whether you are Lebanese or a foreigner you can benefit from Lebanese companies various advantages and have
your business incorporated in no time with bank accountand banking services.
For more details on our products and services,please feel free to visit us at Company Formation Lebanon,
Company Registration Lebanon and Virtual Office Lebanon
1. Limited LiabilityCompany
A Limited LiabilityCompanyalso know as LLC is governed by Decree-Law No.35 of August 5, 1967 and is
commonlyreferred to in Lebanon as S.A.R.L (this is the French equivalent of L.L.C).
An S.A.R.L is founded by at leastthree partners and this number ofpartners can go up to 20.
An LLC minimum capital is setatfive million Lebanese Pounds (approximatelyUSD 3,333), noting that contributions
may be in-kind or in-cash.
Since the companyis of a limited liability,the company’s partners are onlyliable to the amountof their contribution or
parts to the company.
Partners in an LLC are not considered to be merchants and hence are not subjectto the provisions applicable to
merchants including the provisions ofthe Lebanese Code ofCommerce.
To be noted that there are no restrictions on foreign participation in limited liabilitycompanies exceptfor certain
sectors and activities.The companymustnecessarilyappointa lawyer with yearly retainer fees.
2. Joint Stock Company
A Lebanese JointStock Companyknow as JSC has to be constituted by a minimum of3 shareholders.
The Liabilityof the shareholders is limited to their shares in the company.
Minimum capital for the JSC is is LBP 30,000,000 (approximatelyUSD 20,000),which can be in-cash and/or in-kind
contributions.
The companymay call for public subscription and is allowed to issue financial instruments and bonds.and mayissue
financial negotiable instruments or bonds.