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flag Lebanon Lebanon: Operating a Business

In this page: Setting Up a Company | The Active Population in Figures | Working Conditions | Cost of Labor | Social Partners

 

Setting Up a Company

Joint Stock Company (SAL)
Number of partners: Minimum 3 partners / shareholders.
Capital (max/min): Minimum capital of LBP 30,000,000 with 25% to be paid at time of registration.
Shareholders and liability: Limited to the extent of the share capital
Public Limited Company
Number of partners: Minimum 3 partners / shareholders.
Capital (max/min): Minimum capital of LBP 30,000,000
Shareholders and liability: Limited to the extent of the share capital
Private Limited Company (SARL)
Number of partners: Minimum 3 partners / shareholders, with a Maximum of 20.
Capital (max/min): Minimum capital of LBP 5,000,000 wholly paid-up at time of registration.
Shareholders and liability: Limited to the extent of the share capital
General Partnership (SNC)
Number of partners: Minimum 2 partners.
Capital (max/min): No minimum capital.
Shareholders and liability: Unlimited liability
Sponsorship societies: SCS (partnership limited by shares) and SCA (partnership limited by actions)
Number of partners: Minimum 2 partners.
Capital (max/min): No minimum capital.
Shareholders and liability: Unlimited liability for General Partners. Liability limited to their investments for Limited Partners.
The holding company, subject to Decree Law no.45 of June, 24 1983 and its amendments.
Number of partners: Minimum 3 partners.
Capital (max/min): Minimum capital of LBP 30,000,000.
Shareholders and liability: Limited to the extent of the share capital
The offshore company subject to Decree Law no.46 of June, 24 1983
Number of partners: Minimum 3 partners.
Capital (max/min): Minimum capital of LBP 30,000,000.
Shareholders and liability: Limited to the extent of the share capital
The Competent Organization
The Ministry of the Economy and Trade issues the necessary authorizations but concretely, an investor who wishes to form a company in Lebanon has only one contact, the Investment Development Authority.
 
Setting Up a Company Lebanon Middle East & North Africa
Procedures (number) 5.0 8.0
Time (days) 9.0 23.0

Source: Doing Business.

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Lebanon.
Investment Development Authority

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The Active Population in Figures

 
200920102011
Total activity rate -46.10%45.80%
Men activity rate 71.50%70.80%70.80%
Women activity rate 22.30%22.50%22.60%

Source: UN - United Nations

 

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Working Conditions

Legal Weekly Duration
48 hours a week.
Retirement Age
64 for men and women.
Working Contracts
Employment contracts are regulated by law. Individual negotiations complement it. Any company with more than 15 employees must send a copy of its rules and regulations to the Ministry of Labor. There are fixed-term contracts, open-ended contracts and internship contracts governed by the Lebanese legislation set up in 1946 and its subsequent amendments.
Labor Laws
Consult Doing Business Website, to obtain a summary of the labor regulations that apply to local entreprises.

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Cost of Labor

Minimum Wage
LBP 500,000 per month (source: ILO, 2011).
Average Wage
Gross average monthly wage of men: LBP 702,000 (source: ILO, 2009);
Gross average monthly wage of women: LBP 660,000 (source: ILO, 2009).
Social contributions
Social Security Contributions Paid By Employers: Social contributions paid by employer:
Family allowances: 6%
Sickness and maternity: 7%
Compensation pension: 8.5%
Social Security Contributions Paid By Employees: Illness and maternity 2%.

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Social Partners

Social Dialogue and Involvement of Social Partners
The main union in Lebanon is the CGTL (General Confederation of Lebanese Workers)
Unions
Website of the General Confederation of Lebanese Workers (only in Arabic).
Unionization Rate
56%
Labor Regulation Bodies
Lebanese Ministry of Labor

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Last Updates: October 2014