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Republic of Lebanon

Capital: Beruit HDI: 0.769

Language: Arabic

GDP (PPP): $49.919 billion

Currency: Lebanese Pound

Population: 4,467,000

Lebanon is a sovereign state in Asia. It is bordered by Syria to the north and east and Israel to the south. Lebanon’s location at the crossroads of the Mediterranean Basin and the Arabian hinterland facilitated its rich history and shaped a cultural identity of religious and ethnic diversity. The earliest evidence of civilization in Lebanon dates back more than seven thousand years, predating recorded history. Lebanon was the home of the Canaanites/Phoenicians and their kingdom, a maritime culture that flourished for over a thousand years (c. 1550–539 BC). In 64 BC, the region came under the rule of the Roman Empire, and eventually became one of the Empire’s leading centers of Christianity. In the Mount Lebanon range a monastic tradition known as the Maronite Church was established. As the Arab Muslims conquered the region, the Maronites held onto their religion and identity. However, a new religious group, the Druze, established themselves in Mount Lebanon as well, generating a religious divide that has lasted for centuries. During the Crusades, the Maronites re-established contact with the Roman Catholic Church and asserted their communion with Rome. The ties they established with the Latins have influenced the region into the modern era.

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Map

Economic Overview

Industry Trends

Starting a Business

Visas & Permits

Infrastructure

Culture & Living

Housing & Rentals

RESEARCH

Economic Overview
Lebanon Economy http://www.focus-economics.com/countries/lebanon
Lebanon’s economy is expected to grow 1.9% in 2016, which is down 0.3 percentage points from last month’s estimate. For 2017, the panel projects GDP to expand 2.3%.
Lebanon Economy – overview http://www.indexmundi.com/lebanon/economy_overview.html
Lebanon has a free-market economy and a strong laissez-faire commercial tradition. The government does not restrict foreign investment
Industry Trends & Business Climate
World Bank ‘Doing Business’ report http://www.albawaba.com/business/world-bank-doing-business-report-what-does-lebanons-ranking-say-about-business-climate-7607
What does Lebanon’s World Bank ranking say about thebusiness climate?
Establishing a Presence
Business Registration Requirements – Starting a Business in Lebanon http://www.doingbusiness.org/data/exploreeconomies/lebanon/starting-a-business
Registration application and a draft of the registrationcertificate to be issued
Business Registration Requirements – Doing Business in Lebanon http://www.doingbusiness.org/data/exploreeconomies/lebanon
Important consideration when starting a business including registration
Business Types – Types of business companies in Lebanon http://www.scribd.com/doc/22614097/Types-of-business-companies-in-Lebanon
A description of the business structure options in Lebanon
Business Types – IDAL – Doing Business http://www.investinlebanon.gov.lb/en/doing_business/tax_system/tax_structure_by_type_of_business
Under Lebanese legislation, local and foreign investors have the option to establish a broad range of business structures
Taxes
Lebanon Sales Tax Rate | VAT Forecast 2016-2020 http://www.east.aws.tradingeconomics.com/lebanon/sales-tax-rate/forecast
Sales Tax Rate in Lebanon is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon Sales Tax Rate | VAT is projected to trend around 10.00 percent in 2020, according to our econometric models.
Lebanon Corporate Tax Rate 2004-2016 http://www.tradingeconomics.com/lebanon/corporate-tax-rate
The Corporate Tax Rate in Lebanon stands at 15 percent.
Lebanon Corporate – Taxes http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Lebanon-Corporate-Taxes-on-corporate-income
The income tax law does not provide for a single tax on income. Accordingly, where a taxpayer has income from different sources, each type of income is taxed according to the tax chapter it falls under.
Lebanon Personal Income Tax Rate | 2004-2016 http://www.tradingeconomics.com/lebanon/personal-income-tax-rate
The Personal Income Tax Rate in Lebanon stands at 20 percent.
Lebanon Individual – Taxes on personal income http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/JDCN-89HSXH
Personal income tax (PIT) is levied on wages and salaries at progressive rates between 2% and 20% and on business income (e.g. sole proprietorships, general partnerships) at progressive rates between 4% and 21%.
Lebanon Sales Tax Rate | VAT | 2014-2016 http://www.tradingeconomics.com/lebanon/sales-tax-rate
The Sales Tax Rate in Lebanon stands at 10 percent.
Visas
Lebanon – Bureau of Consular Affairs http://travel.state.gov/content/passports/en/country/lebanon.html
See “Entry, Exit & Visa Requirements” on this site
Lebanon Visa https://lebanon.visahq.com/
Visa application service
Infrastructure
Best Lebanon Transportation on VirtualTourist https://www.virtualtourist.com/travel/Middle_East/Lebanon/Transportation-Lebanon-TG-C-1.html
84 tips on getting to and getting around Lebanon from real travelers and locals.
Transport in Lebanon – Wikipedia https://en.wikipedia.org/wiki/Transport_in_Lebanon
Transportation in Lebanon varies greatly in quality from the ultramodern Beirut International Airport to poor road conditions in many parts of the country.
Telecom – Lebanon – Telecoms, Mobile and Broadband http://www.budde.com.au/Research/Lebanon-Telecoms-Mobile-and-Broadband.html
n late 2014 the World Bank announced it would launch its Mobile Internet Ecosystem project (MIEP) in the country. Lebanon was chosen by the World Bank because it has a highly educated population who can speak a number of languages – See more at: http://www.budde.com.au/Research/Lebanon-Telecoms-Mobile-and-Broadband.html#sthash.BOh5fjZc.dpuf
Telecommunications in Lebanon https://en.wikipedia.org/wiki/Telecommunications_in_Lebanon
A summary of the telecommunications market in Lebanon
Employer Obligations
Labor Laws – Doing Buisness in Lebanon http://doingbusinessinlebanon.com/en/default.asp?menuID=9&sub=16
A comprehensive guide to labor laws in Lebanon
Culture/Living
Education – Lebanon – EDUCATION http://countrystudies.us/lebanon/66.htm
The Lebanese, along with the Palestinians, had one of the highest literacy rates in the Arab world. The war adversely affected educational standards.
Education – Lebanon Education Stats http://www.nationmaster.com/country-info/profiles/Lebanon/Education
Education statistics for Lebanon
Business Etiquette – How to Master Business Etiquette in Lebanon http://www.careeraddict.com/master-business-etiquette-in-lebanon
Dos and Don’ts of business etiquette in Lebanon
Business Etiquette – Lebanon – Language, Culture, Customs and Etiquette http://www.kwintessential.co.uk/resources/global-etiquette/lebanon.html
Guide to Lebanon and Lebanese people, culture, society, language, business and socialetiquette, manners, protocol and useful information
Climate of the World: Lebanon http://www.weatheronline.co.uk/reports/climate/Lebanon.htm
Lebanon has a Mediterranean climate characterized by long, hot, dry summers and short, cool, rainy winters.
Climate – Lebanon Weather, Climate and Geography http://www.worldtravelguide.net/lebanon/weather-climate-geography
Lebanon has a typically Mediterranean climate.
Safety – Lebanon – travel.state.gov http://travel.state.gov/content/passports/en/country/lebanon.html
See “Safety and Security” on this site
Safety – Is Lebanon safe? Travel safety advice http://www.is-lebanon-safe.com/
Up to date travel alerts
Holidays – Lebanon Public Holidays 2016 http://publicholidays.me/lebanon/
Public holidays for 2016
Demographics – Lebanon Demographics Profile http://www.indexmundi.com/lebanon/demographics_profile.html
Demographic facts and figures
Demographics – CIA – The World Factbook – Lebanon https://www.cia.gov/library/publications/the-world-factbook/geos/le.html
Demographic information from the CIA
Holidays in Lebanon – World Travel Guide http://www.worldtravelguide.net/lebanon/public-holidays
Full list of Lebanon public and bank holidays.
Cost of Living in Beirut https://www.expatistan.com/cost-of-living/beirut
List of prices in Beirut (Lebanon) for food, housing, transportation, going out, and more
Cost of Living in Lebanon http://www.numbeo.com/cost-of-living/country_result.jsp?country=Lebanon
Average prices of more than 40 products and services in Lebanon. Prices of restaurants, food, transportation, utilities and housing are included.
Trade
Lebanon – Trade – European Commission http://ec.europa.eu/trade/policy/countries-and-regions/countries/lebanon/
Bilateral trade between the EU and Lebanon has been increasing steadily over the past years, with an average annual growth of 12.7% since 2008
Export regulations by Customs of Lebanon https://lebanon.visahq.com/customs/?_escaped_fragment_=export-regulations
Detailed list of duty-free, prohibited and restricted items available for export under rules andregulations by Customs of Lebanon.
Export.gov http://export.gov/lebanon/
The U.S. Commercial Service in Lebanon is part of a global network of trade specialists dedicated to support U.S. commercial interests overseas
Housing and Rentals
Lebanon Corporate Housing and Extended Stay Hotels http://lebanon.biz-stay.com/
Find short-term furnished apartments and extended stay hotels
Travel
Lebanon – Lonely Planet https://www.lonelyplanet.com/lebanon
A listing of top site and experiences in Lebanon
Lebanon Travel Guide – VirtualTourist https://www.virtualtourist.com/travel/Middle_East/Lebanon/TravelGuide-Lebanon.html
2473 real travel reviews, tips, and photos from real travelers and locals in Lebanon at VirtualTourist.

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