The liability of each shareholder is strictly limited to the value of the shares held. These shares are negotiable or transferable. The shares in the company entitles the shareholder to membership in the company, a right to participate in management and a right to vote. It should have a minimum authorized capital of 30 million LBP (The equivalent of 20 000 USD). Management could be given to one or more partners, and a manager cannot achieve on the company’s behalf any deal or transaction in which he has any kind of interest.Excepted in case of prior authorization is granted.Ī joint stock company is formed by three or more persons. The capital must be fully deposited in a bank under the company’s name. The liability of each partner is strictly limited to the value of shares held by this partner.

The capital of 5 000 000 Lbp-Lebanese Pounds (which is the equivalent of 3334 USD) must be fully paid up.

Its trade name is usually anonymous, and is sequenced by the initials SARL and name of the partners could be included in it. Partnership in commendam (Société en Commandite Simple – SCS).Ī limited liability company is formed between three to twenty members. General partnership (Société en Nom Collectif – SNC) The most important types of Companies/Businesses are :Ģ-Limited liability company (Société à Responsabilité Limitée) – SARLģ-Joint Stock Company (Société Anonyme Libanaise) – SALĤ-Foreign enterprise (Branch or Representative office) In general, Lebanese Companies can be fully owned by foreigners.Ī lawyer must be retained regardless of the capital investment for each company to be set up in Lebanon according to the deontology code of Lebanese attorneys.You can contact our law firm corporate department to know what is the most suitable form of business entity depending on your vision and objectives.įind below a glance at the most common companies type:Ĭreate Your Company in Lebanon Today With Banking Services.

The choice of the company’s form depends on numerous factors, such as its social object, number of partners, capital required, taxation, turnovers, its projects and goals, etc.įind out in brief the reasons or advantages of forming a Company in Lebanon.(Click here) Companies & Business Formation in Lebanon, Beirut

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