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The Ministry of Finance has extended the deadline for the settlement of the annual flat fee until December 31, 2018 inclusive.
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The Ministry of Finance has issued Law No. 85 dated October 10, 2018 enabling Lebanese Offshore Companies to be founded and managed by a sole shareholder, with the latter being either a physical or legal entity.
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The Ministry of Finance has issued Decision No. 1472/1 dated September 27, 2018 which details the criteria for determining beneficial ownership.

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