Faq
1-What are the major tax exemptions for the Lebanese Offshore Companies?
| Income tax: |
None |
| Flat tax: |
LBP 1 million (U$670 per year) irrespective of profits generated |
| Payroll tax: |
2-20% (to be borne by staff) |
| Foreign staff: |
Tax exemption for 30% of salary |
| Stamp duty: |
Contracts are exempted if concluded outside Lebanon |
| Dividends: |
Exempted from tax |
2-What are the major tax exemptions for the Lebanese Holding Companies?
| Income tax: |
None |
| Flat annual tax: |
Based on capital reserves. Not to exceed 5 millions (U$3,300
per year), irrespective of profits generated
|
| Dividends: |
Exempted from tax |
| Management services: |
Taxed at 5% only |
| Interest income: |
Not subject to tax provided certain conditiont |
|
