Presidency of the
Council of Ministers
There are multiple tax obligations on a corporation such as the Corporate tax on profit, the Payroll tax; profit distribution taxes, and the Social Security Contribution.
There are multiple deadlines depending on the type of taxation that relates to your type of company. Below are the major tax obligations’ deadlines:
Fore more information on Taxes and dues, click here.
For Value Added Tax (VAT) registration, a company must meet the criteria of reaching a sales figure of LBP 100,000,000 in four consecutive quarters. Moreover, companies that import/ export goods/services are required to register at VAT within 2 months of import/export transaction. Note that there are few industries that are exempted from the VAT. Optional registration is allowed for companies having turnovers of LBP 50 million.
Employees should be registered in the National Social Security Fund (NSSF) for contribution declarations, as well as declared to the Ministry of Finance for Payroll tax declaration.