Lebanon: Amended Offshore Companies Law
News

    30-Oct-2018

  • Lebanon: Amended Offshore Companies Law
  • Source :
BEIRUT - The Law No. 85 dated October 10, 2018 has authorized the incorporation of a single member offshore company in Lebanon. The Lebanese offshore company can be incorporated with only one member/shareholder that is either a natural person or a legal entity. 
 
The single shareholder is entrusted with all the powers that belong to the board of directors and the general assemblies of shareholders. He is entitled to sign individually on all the decisions made in this regard. The single shareholder is allowed to manage the company by himself or to appoint one or more directors to this end.
 
For more information, please contact our office in Lebanon at: lebanon@tag-legal.com 

Source: ALDIC
 
Enter your email to subscribe to Our Newsletter.
Subscribe