The Ministry of Finance has extended the deadline for the settlement of the annual flat fee until December 31, 2018 inclusive.
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.
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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