Lebanon has one of the most competitive corporate income tax rates regionally and internationally, equal to 17% (as per Latest regulations), making Lebanon’s business environment one of the most attractive and competitive for foreign and national companies.
If you have any question, please do not hesitate to contact us to set up a meeting with our tax/accounting advisor for free.
TAXES OF JOINT STOCK COMPANIES (S.A.L)
Join Stock companies are subject to:
17% tax on corporate profit
15% tax on profits received from the sale of fixed assets including financial assets (shares)
A withholding tax at a rate of 10% on all proceeds derived from movable capital assets (fixed assets) generated in Lebanon. This Tax essentially concerns:
Distributed dividends, interest and income on shares
Distribution of reserve or profits in the form of additional shares or under any form
Directors’ representations as well as amount payable to them from profits
Provide the required information and send the required documentation.
After receiving all the needed documents, the ministry will send you an "E-pin" via email, which enables you to access the tax declaration form online. Note that there are some exceptions such as "Holding companies" which are required to fill the declaration manually and not online.
You can declare the VAT, Corporate Income tax (except for Holding) , Payroll tax and Built Property tax as well. Note that NSSF contributions are still not declared online currently.
Majorly all the declarations are online found at the Ministry of Finance's website www.finance.gov.lb.